There’s a big difference between not wanting to retire and not being able to retire. Even business owners who intend to die at their desks can appreciate the safety net of financial independence should something unexpected occur. But many business owners look forward to an ideal future without implementing the proper planning to achieve it. Today, we’ll discuss …
How to Remove “I Can’t Retire” From Your Planning Mindset Read More »
At their core, successful business owners like you are builders. Whether you founded your business, or purchased one and took it to new heights, doing it yourself runs through your veins. Why, then, would you need professional help to plan for a successful business future? We could go on and on about all the reasons …
4 Reasons Why Planning for a Successful Future Isn’t DIY Read More »
An Important aspect of growing a successful business is creating transferable value. Transferable value is what your business is worth to someone else without you at the helm. Whether you plan to retire or die at your desk, transferable value is what increases business value. To create transferable value, you’ll need to install several Value …
3 Value Drivers You Can Start Installing Right Now Read More »
Starting the preparations to sell your business is never easy. Selling or buying a business comes with mixed emotions and hard decisions. There are a lot of variables to consider. One action item to discuss early is the process of due diligence. In order for you to attract a buyer to your company, you must …
If You Don’t Uncover the Skeletons in Your Closet, Your Buyer Will Read More »
Taking on any large project can be manageable when you have a reliable process in place. When deciding to exit your business, for example, you will need a proven process in place to ensure you have covered all the bases. Just like baking, without following the specific process or recipe, you could end up setting …
There are many reasons why you would want to sell your tech business. Whatever that reason may be, you should understand and research these important points before you start the process. Get Your Company Ready For Market Two of the most important steps in selling your company are receiving an accurate business valuation and taking …
Managed Service Provider companies can be sold for a premium in today’s market.Managed Service Providers (MSPs), sometimes referred to as IT Service Providers, come in all shapes and sizes. In the “Businesses-for-Sale” marketplace, MSPs are generally considered to have less risk and greater growth potential than other businesses. For those reasons, MSPs tend to fetch premium …
In our previous blog post titled, Why IT Managed Service Provider (MSP) Businesses Are Being Acquired? , we discussed the current market frenzy over cloud-based technologies and the heightened activity with mergers and acquisitions within the Managed Service Provider industry. In this article, we cover a few more important factors contributing to higher valuation of IT …
Why IT Managed Service Provider Businesses Are Being Acquired Part 2 Read More »
There is an acquisition frenzy over cloud-based technologies in the marketplace today.If you are a business owner in this industry, this should interest you. A primary factor is heavy demand for managed services by banks and healthcare in the light of market and regulatory changes. Second, talent scarcity and changes in consumer behavior. These are …
Why IT Managed Service Provider Businesses Are Being Acquired Part 1 Read More »
MINNEAPOLIS – July 18, 2022 – Erica Gilson, managing director of True North Mergers & Acquisitions, today announced that Ed Gehres has joined the company as a senior mergers & acquisitions advisor. “Ed has a proven track record of success and first-hand understanding of technology and software companies and their market value, and he has …
Ed Gehres Joins the True North Mergers & Acquisitions Team as Senior M&A Advisor Read More »
