Posts by derekbrenner1
How to Sell an Engineering Business: A 10-Step Exit Guide for A&E Firm Owners
How to Sell an Engineering Business: A 10-Step Exit Guide for A&E Firm Owners Selling your engineering or land surveying business isn’t just a financial transaction—it’s a major life event. You’ve spent years building a firm with clients who trust you, a team that depends on you, and systems that make everything run smoothly. When…
Read MoreESOP Alternative: Step Up Legacy Plan – A Smarter Path to Employee Ownership
ESOP Alternative: Step Up Legacy Plan – A Smarter Path to Employee Ownership As a business owner approaching retirement or planning an exit, the idea of selling to your employees can be both emotionally rewarding and operationally sound. Two common paths often arise: the traditional Employee Stock Ownership Plan (ESOP) and what we offer at…
Read MoreHow Banks Value Your Business
“Selling to Employees? Discover the Value Banks Place on Your Business” Employee Buyer – Paid at Closing – How Much? When selling your business to an employee, one of the most critical questions is, “How much will I get paid at closing?” The amount you walk away with is influenced by several key…
Read MoreBuying the Boss Out
Buying the Boss Out Have you imagined owning the company that employs you? Have you thought about the wealth that you could generate? This could be possible if you work for a small business in a management capacity and the owner is close to retirement. The information below provides a foundation. The Opportunity Based on…
Read MoreBusiness Acquisition Financing
Almost every Bank has a loan policy or lending culture that is more conservative than the Small Business Administration’s (SBA) Standard Operating Procedure (SOP). This makes selecting a Bank for business acquisition financing to be of the utmost importance. When the acquisition of a business is being financed, the SBA SOP allows for an equity…
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