When It Costs Four Cents to Make a Penny
Well folks, today marked the end of an era. The United States just minted its last penny — that little copper-colored coin we all grew up with. And here’s the…
Insider tips on how to buy, sell, or grow your business
Sharpen the Axe Before You Sell
Abe Lincoln once said: “Give me six hours to chop down a tree, and I will spend the first four sharpening the axe.” Lincoln’s wisdom applies directly to business owners…
The Power of Focus Leads to a Premium Exit
The most valuable companies aren’t the biggest—they’re the ones that solve one problem better than anyone else. #SellYourBusiness #BusinessOwners #OwnerExit Most business owners assume bigger is better. More products. More…
On your mark, get set, get set, get set……..
This old codger hired quite a few business brokers in the 30+ year history of the CBI Team. My wife was part of that hiring process for many years and…
How a Box of Wire Sold for Half a Billion
If your business sells something the market sees as a commodity, you’re swimming upstream. Buyers know it. Margins get tight. And when everyone’s selling the same thing, price becomes the…
When “Leading from the Front” Lowers Your Business Value
We all admire leaders who roll up their sleeves and lead from the front. They set the tone, inspire loyalty, and show the team what it means to hustle. It’s…
ZZZZZZZZ, Good Morning!
Good morning. That’s right, morning, my favorite time of day and now that I’m retired it’s even better. Why. Because for over 55 years my mornings were spent getting ready…
Covid Changed Everything—Except This
Covid changed a lot of things, didn’t it, including added emphasis on the word “pivot.” All of us business folks heard that word and some of us even did it,…
Build It to Sell
Positioned to Sell - Primed to Succeed I had a meeting recently with a business owner who’s done a fine job building something special — solid operations, loyal customers, and…
Riding the Silver Wave: Why Franchising Could Be Your Perfect Exit—or Entry
As both a business broker and the proud owner of two HOTWORX franchises, I've gained a unique perspective on what might be the greatest wealth transfer opportunity of our lifetime:…
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