Smart Business Dealmakers’ Post

"We called ourselves a manufacturer. And we called ourselves a contract manufacturer. So, what type of value did that company have?" Bradford Soap Works former CEO Stuart R Benton, CPA, CGMA on how the shift he implemented in the company created value in preparation for a sale. #boston #dealmakersboston #dealprep #selling https://lnkd.in/ggwbyfYR

An event not to miss is the 2024 Columbus Smart Business Dealmakers Conference, presented by Ice Miller LLP. Join us on September 19th where you will be able to network with hundreds of Columbus’ top dealmakers! Act fast, this event will sell out! #Columbus #DealmakersColumbus #networking #mergersandacquisitions #buying #selling #dealprep Register using code LINKEDIN2024 by July 19 to receive half-price tickets: https://lnkd.in/gpubP6dP

"I'm probably not going to get as high of a multiple as if I would sell to a strategic. But it's never been about the money for me." 3 Men Movers' Jacky Fischer on how she's prioritizing taking care of her people when it comes time to sell her business. #houston #dealmakershouston #familybusiness #dealprep https://lnkd.in/gmSMwkK5

"I want to make sure my team members, including my son, have a good career path going forward.” ScrapSource's Larry Olschwanger on his motivations for selling. #dallas #dealmakersdallas #selling #familybusiness Read the full article: https://lnkd.in/gMA37r6h

Save the date! Join us on September 12th for the 2024 Philadelphia Smart Business Dealmakers Conference to network with over 300 of Philadelphia's leading entrepreneurs, investors and advisers. #philadelphia #dealmakersphiladelphia #mergersandacquisitions #networking Register using code LINKEDIN50 by July 12 to receive half-price tickets: https://lnkd.in/g8TPxTbr

"We never encourage our clients to hold back on anything, especially with the goals for the management and the owners. If you don't get that out of front, you're going to have a failed process." LCG Advisors' Jay Clark on the importance of transparency in a process. #denver #dealmakersdenver #selling #mergersandacquisitions Read the full article: https://lnkd.in/gTjruH5q

" I never had to have a conversation with an employee that said, 'Look, give him time, he's going to be OK,' because they exceeded my expectations." David Mason of David Mason + Associates (DMA) on the process of introducing family into his business. #stlouis #dealmakersstlouis #familybusiness Read the full article: https://lnkd.in/gHBPxyVg

"Throughout the course of history, we've always seemed to have events, but yet M&A still gets done. So, there's a good opportunity out there, if you look hard enough." American Environmental Partners Inc's Brad Domitrovitsch on how he gets deals done despite interest rates. #Pittsburgh #DealmakersPittsburgh #buying Read the full article: https://lnkd.in/gvPs7ubq

Great to see Mitch Kroll is back in the saddle as a founder. And even better news is that he is working to help build smaller businesses. Check out his post and join the effort!