“I’ve sold my business – now what?”
Viking Mergers & Acquisitions has been in business since 1996 and helped sell over 500 businesses. We have a collective experience profile of almost 90 years! But what some people may not know is that most of the team at Viking Mergers has owned their own business. We’ve been entrepreneurs just like you. The experience in buying, managing and selling our own businesses will help us understand the strengths and growth opportunities of your business so that we can get you the very best price possible.
I have owned four businesses in four different industries, varying from IT services and software to national wholesale distribution. I actually joined the Viking Team after they helped me sell my final business! I understand what goes through a business owner’s mind when they are nearing the end of their rope – after a while, you get tired of the “stuff” in that business and want to do something different. It’s not unusual to feel that way – the average business in America changes hands every 7 – 10 years.
Many times, a business owner gets comfortable with their business the way it is and doesn’t look as aggressively at trying to grow their business. When you have been doing the same thing for several years, it is easy to continue doing what has worked in the past, instead of innovating. This may be a sign that it is time for a new owner to come in and help the business realize its potential, for the benefit of your customers and your employees.
A lot of times we’re asked, what will I do when I sell my business – I’m too young to retire. You know what you’ll do? Anything you want! You’ll be surprised at all of the different types of businesses you might be interested in that you might never have thought about before. This is a wonderful opportunity for you to learn a new industry and you can bring the knowledge and your personal best practices to the new business for continued success.
It’s a great feeling to not have to be the bank for your business anymore – it’s time to let your money be your money! It’s important to be able to convert your paper equity into cash and to know that your future is more secure.
Call us today – we can tell you what your business is worth and help you understand how our process will work. There’s no cost for the valuation and everything we discuss is confidential. We’ve helped over 500 business owners sell their business. Remember, what will you do – whatever you want!
-Greg White, Senior Advisor at Viking Mergers & Acquisitions