“David Jondreau sold American Sign Language to a strategic buyer and did many things right. He made sure he had his systems in place to make sure his business was attractive to a buyer," shares Sam Thompson a Minneapolis business broker and the president of Transitions In Business. "During the selling process he obtained a contract [...]
“Tom Farinacci II owned a business called Houston Green Leaf. Tom acquired two businesses before he eventually sold his business. This is a very insightful interview that combines what to look out for both when you buy and when you sell a business," shares Sam Thompson a Minneapolis business broker and the president of M&A firm [...]
“When Kim Walsh-Phillips decided to sell Elite Digital Group she took to heart valuable insights provided by Shark Tank’s Kevin O’Leary. Kevin pointed out that when entering into an earn out that involves relying on the businesses future financial performance, make sure you get the rights to financial reports prepared by a recognized accounting firm. This [...]
“In this interview, Gary Nealon, owner of RTA Cabinet Store, offers valuable insights into selling your business from converting a “soft offer” into a Letter of Intent to weeding out competitors posing as acquirers," shares Sam Thompson a Minneapolis business broker and the president of M&A firm Transitions In Business. "Gary also shares how he was [...]
“Peter Carlin, owner of Logicearth, shares his experience selling his business and vetting buyers," shares Sam Thompson a Minneapolis business broker and the president of M&A firm Transitions In Business. "One excellent suggestion is just how well he positioned his company as something much more significant then what it really was by investing in his website. [...]
“Alex Rink owned 360pi, a software application. Rink enjoyed what he was doing yet felt the time was right to sell. He eventually sold to a competitor and shares the challenges he had selling to the enemy," shares Sam Thompson a Minneapolis business broker and the president of M&A firm Transitions In Business. "One large take [...]
“Jonathan started a software business called Skyward and eventually sold to a large company. This interview has twists and turns that include insights into the “hype cycle” and why you want to sell before it ends," shares Sam Thompson a Minneapolis business broker and president of M&A firm Transitions In Business. "There are many great nuggets [...]
Built to Sell Radio is celebrating 250 episodes. That’s 250 entrepreneurs, founders, CEOs, and owners who have shared their stories and their time over the last 5 years. To mark the event, Built to Sell Radio’s producer, Shawn McDonald, takes over the mic to highlight insights from some of the most talked-about, most popular, and most memorable episodes from [...]
“Aric Bandy, from Minneapolis, shares his story offering nine powerful tips on what he did with a bad transaction and used that knowledge to eventually sell his business," shares Sam Thompson a Minneapolis business broker and president of M&A firm Transitions In Business. "From hitting $10MM in revenue as a key number to investing in audited [...]
“David Yaffe, with two partners, started Arbor and quickly sold the business for 9-figures two years later. This story provides excellent insights into raising funds and ways to increase the price with a buyer," shares Sam Thompson, a Minneapolis business broker and president of M&A firm Transitions In Business. David Yaffe was working at Google when [...]
