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Josh Ploch is a serial entrepreneur and business broker/advisor who has seen firsthand how advisors can help business owners. Josh has also seen the need for business brokers in helping business owners transition into a new business or out of their current one.
He interviewed a few brokers and went with the one he thought was the best match. This pushed him to become a business broker himself, so he could treat clients better and build a better brokerage. Zoran is now a successful business broker and has been for over 18 years. With hard work and dedication, anything is possible.
11 Things You and I Can Learn About Business and Exit Events From Our Interview With Nate Lind - Successful Serial Entrepreneur and Broker. Nate then went on to meet the founders of Website Closers, and was able to use his influence to become a business broker. Nate Lind is a prime example of how to monetize your influence. .
For investors passionate about business acquisition and anyone interested in buying a company to strategically expand, selling/exiting, or driving up your valuation, the new Acquisition Aficionado Magazine is a must-have resource.
Carrick went to work for a Wall Street brokerage firm and managed money for clients as a stock broker. This is why it is important to work with a broker or financial advisor who can help you understand the true value of your business and set realistic expectations. This is because of the relative valuations of other asset classes.
Additionally, Axial.com helps sellers find advisors and brokers to assist with the sale process. Axial.com helps advisors and brokers by providing a platform to connect with buyers and sellers. It also provides resources to help advisors and brokers with the sale process, such as market research and financial analysis.
Example: Direct outreach – via Linkedin, cold emails, snail mail. As a reader of How2Exit, you can click here to get a complimentary copy of Issue 4 featuring content from Ronald Skelton and many other M&A pros.
May 2024 Event: AntiCon Date: May 22-23 Location: Magazine, London, SE10 0JH Website: [link] Brief: “We’re not even close to a conference, we’re a Fest. Now in its 14th year, the expo caters to brokers and professionals working in commercial finance. Gain insights, network and explore the latest solutions for business growth.
The documents provided by the seller’s broker are often not in the buyer’s best interest and should be reviewed by an experienced attorney. It is important to remember that the broker is not aligned with the buyer’s interests and should not be expected to provide legal advice.
That line-up is largely made up of independent firms, prime brokers and custodians, all of whom are enjoying a piece of the growing pie, with their own strengths and weaknesses. Coalition Greenwich points out that from 2018 to 2022 the number of outsourced trading providers grew from fewer than 10 to more than 40.
Sellers should be aware of the multiples that apply to their particular sector and not rely on the advice of brokers who may be incentivised to inflate the value of the business to make a sale. In many cases, brokers will tell the seller that they can get more for their business than what it is realistically worth.
Additionally, you may want to consider engaging a broker or investment banker to source deals or facilitate the transaction. Your team should include professionals with expertise in the relevant industry, such as accountants, financial advisors, industry experts, and business coaches or mentors.
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