In the business world, not all heroes wear capes. Meet the Financing Fixer. Okay, so we’re more like ‘Deal Detectives.’ We dive deep into businesses, uncover all the skeletons (if any), and get them in shape for a smooth transition to a new owner. Our role isn’t just about selling
When it comes to selling a business, buyer interviews are critical. It’s your chance to showcase your business and build trust. However, certain comments or revelations can quickly undermine a deal. Whether you’re new to selling or a seasoned entrepreneur, knowing what not to say during buyer interviews is just
Embarking on the journey to buy a business is both thrilling and a bit daunting. You’re not just purchasing a product; you’re investing in a living, breathing entity with its own history, challenges, and potential. But where do you start? And how do you navigate the twists and turns along
Selling a business can be one of the most significant and complex decisions an owner will ever make. Whether you’re moving on to new ventures, planning for retirement, or simply ready for a change, the process is fraught with potential challenges and pitfalls. In this blog, we’ll uncover the top
As we roll into 2024, the market for buying and selling mainstreet businesses is buzzing with activity and a few surprises. Whether you’re a seasoned entrepreneur or just dipping your toes into the market, these trends will help you stay ahead of the game. Increased Use of Technology Digital
Back in August 2023, Ramon, Partner at Chinook, helped Kevin Wilson bid farewell to his franchise business, Jiffy Lube. We recently caught up with Kevin to get a glimpse into his post-sale journey. Kevin shared a revelation: the hustle and bustle of managing the business had kept him and his
The decision to buy a business is a milestone that can shape your professional trajectory and financial future. Whether you’re a seasoned investor or a first-time buyer, standing out to a business seller is crucial to securing the deal of your dreams. Here are 7 tips to position yourself
As you prepare to cash in on your blood, sweat, and spreadsheets by selling your business, it’s time to reduce owner dependency and make your venture irresistible to potential buyers. Here’s a 10-point checklist to get you prepared: 1. Document Standard Operating Procedures (SOPs): Create a comprehensive manual outlining
When Valine Wheatley, the new owner of Eden Street Salon & Spa, reflects on her career journey, she doesn’t frame it as a full circle but rather as a transformative evolution that started in her late teens. Recalling her initial encounter with the facility, Wheatley shares, “My mom brought me
