by Carrie Stacey | Jan 26, 2023 | Business, Investment
There’s no doubt about it, with the economy being turned on its head, price points and consumer behavior is shifting, and purchases of dealerships are seeing changes as well. But what’s happening? The feds have been steadily increasing interest rates over the last few...
by Carrie Stacey | Jan 23, 2023 | Business
This is a question that I get asked all of the time. And while some CPAs will tell you that anytime is a great time to sell a business—the truth is that there are specific periods in the year that are better to sell in than others. So when are they, and what makes...
by Carrie Stacey | Dec 17, 2022 | Business
There’s no time quite like the end of the year. With the opportunity to spend time with family and friends, enjoy delicious meals, and truly connect—it’s certainly a season I love. Something else I like to spend these last few weeks doing is planning for the following...
by Carrie Stacey | Oct 24, 2022 | Business
Are you thinking about selling your business? It’s a big decision, but if you’re ready to move on to the next phase of your life, it can a rewarding transition. Owners and investors all eventually exit their business, but you do have a choice: leave things...
by Carrie Stacey | Sep 28, 2022 | Business, Investment
We’ve all considered it; selling on your own seems like the simplest, most profitable way to handle any sort of business acquisition. Sure, you could do it yourself, but have you thought about the time, effort, and overall headache you might face when dealing with...
by Carrie Stacey | Sep 9, 2022 | Business, Investment
The word on the street is that multiples have changed. Multiples have not changed! So what has changed? Now, buyers are using pre-Covid profits to estimate future profits. The multiple isn’t changing, but expected future profits have changed. When buyers use lower...
