As you prepare to purchase a business, there are many things to consider. First, partner with an experienced business broker to ensure a smooth sales process. Next, determine the right industry and business for you. Once you find a potential business to purchase, ask key questions to learn as much as you can about the […]
With the dip in crude oil prices over the last five years, businesses in the oil and gas services industry, including flowback companies, took a hit. Now, as prices rise, the oil and gas industry is again beginning to see growth. Buyers are looking to capitalize on this growth by purchasing flowback companies, and other […]
The oil and gas industry saw some slowed growth recently, but according to IBIS World, those in the pipeline business can expect steady growth over the next five years. This growth, along with an annual revenue of $62.5 billion dollars, make it a great time to consider selling your oil and gas pipeline business. This […]
As the owner of a janitorial business, you’ve likely seen steady growth and record profits over the last five years. According to IBIS World, the janitorial services industry earns $61 billion in revenue annually, with over $3 billion in profit. This makes it a great time to sell your janitorial business. However, whether you are […]
A Non-Compete Shouldn’t Be a Trap: How Non-Competes Work in Oil and Gas
Whether you intend to sell or buy an existing business, odds are that your transaction will be governed by an Asset Purchase Agreement, or APA. Depending on the size and complexity of the transaction, the APA can easily run dozens of pages. Unless you make a habit of reading legal documents in your spare time, […]
Business transaction conditions were primed in 2018 for an exciting 2019, and last year did not disappoint. Buyers were active, lenders were aggressive and valuation multiples were spiking 12 months ago as 2019 got rolling. As the year progressed, however, momentum did slow a bit, and as we kick off a new decade in 2020 […]
Deciding to sell your business is probably not something you simply decided to do on a whim, but it’s also probably not something you’ve done a lot of planning for either. Our team of Dallas business brokers are prepared for anything that comes their way. There’s a distinct difference between taking your time deciding to sell your […]
In my experience as a CPA assisting both buyers and sellers in the business acquisition process, as well as purchasing multiple companies myself, I have developed a unique perspective when it comes to a business valuation method. Here are some bookkeeping tips you can use to help ensure that when it comes time to sell your […]
Seller’s discretionary earnings (SDE) is used in most business valuations, especially for market-based valuations. It is vital to understand your SDE as it shows the worth of your company (or your ownership share within a company). In particular, SDE is essential for owners planning their exit strategy. This guide discusses what the seller’s discretionary earnings […]
