After another challenging year of dealing with a global pandemic, labor shortages, supply chain issues, capacity mandates and closures, many business owners are calling it quits in 2022 – but not for the reasons you may think. Despite the many hurdles business owners face, the primary reason they’re selling all or part of their businesses this year is because of …
If you’re considering selling your business, we can help. Affinity Ventures’s experienced and dedicated team of Merger and Acquisition professionals have helped hundreds of owners find the ideal buyer or investor for their company. Whether you’re looking to cash in on your hard work and exit on top or your seeking an investor to expand your company, we can help. …
2021 has been another unique and tough year. The pandemic’s challenges and opportunities have caused many of us to reconsider our professional and personal priorities as well as our lifestyle. In the last couple of years, millions of people switched industries and careers, discovered the joys of spending more time with family, or retired. Business owners are no different. Whether …
While many of us check our portfolios regularly and are always aware of what’s in our personal and business accounts, few of us really know exactly how much our business is worth. The truth is, many business owners overvalue their businesses based on rules of thumb, comparisons of what outwardly similar businesses have sold for, or simple gut feeling. Owners …
It’s likely that few people, if any, have ever told you, “You need to make yourself less important,” regarding your business. But sophisticated buyers look for businesses that can operate without their owners. Unless your goal is to sell or transfer your business, and then stay with the business as a subordinate to assure a smooth transition, you’ll need to …
