Exit Through the Virtual Door: Tips for Selling Your E-commerce Business
As an e-commerce business owner, you have likely noticed things run differently than in a traditional, brick-and-mortar organization. Lower overhead costs often mean increased profits, which the e-commerce sector has demonstrated with its substantial growth in recent years. However, you may wish to move on to a new opportunity or new field altogether, which means […]
Why You Should Think Like a Buyer When Selling a Business
At Viking Mergers & Acquisitions, we provide personalized and professional business brokerage services to buyers and sellers. Selling a business takes a great deal of consideration and research to avoid leaving money on the table at closing. That’s why we encourage our business owners to think like a buyer throughout the selling process. When a […]
Selling a Business: Capital Gains Tax
Are you a small business owner considering selling a business? There are a few key items involved with capital gains tax that you’ll want to understand as you embark on this decision. What are Capital Gains? A profit gained from selling a capital asset is referred to as capital gains. This could be an investment […]
What Happens to My Employees If I Sell My Business?
One of the most common questions I hear from business owners as they consider selling their business is, “What will happen to my employees?” or “How do I take care of my staff?” Small business owners in particular have a special loyalty with their staff and management, and that weighs heavily on an owner when […]
3 Benefits of Proper Business Exit Planning
Proper business exit planning means much more than just an owner trying to maximize the selling price of a business. Yes, selling for top dollar can certainly be one benefit of exit planning, but when done properly, there are additional layers of benefits to be found for not only the Seller, but also for the […]
Selling a Boat Dealership: Tips from Tampa, FL
If you are a boat dealer considering an exit, there are several factors to consider. On a high level, the following tips apply to any owner looking to sell a business, regardless of industry or location. Read on for our top 3 business-selling tips tailored for boat dealership owners. 3 Tips for Selling a Boat […]
Division Highlight: Viking Mergers & Acquisitions in Tampa, FL
I was fortunate to begin my career in the financial services industry during my collegiate years at Florida State University. While attending Florida State, I began working as a financial analyst with the business valuation team in the North Carolina office of Viking Mergers & Acquisitions. After obtaining my real-estate license and graduating with a […]
3 Types of Business Owners: What Type Are You?
There are as many types of business owners as there are types of businesses. In our experience however, we have identified three main categories: Innovators, Igniters, and Implementers. One type is not better or worse than another, and really all 3 types of business owners are needed at some point in the life cycle of […]
Why Confidentiality Counts When Selling Your Business
When selling a business, maintaining confidentiality is critical. There are three main reasons a confidentiality agreement is an absolute must for all business sales, and it is important for any business owner to understand why. The main purpose of a business sale confidentiality agreement, also called a non-disclosure agreement, or NDA, is to protect the […]
Business Owner Burnout: Signs to Look For
According to a study by Harvard Business Review, nearly 30% of entrepreneurs (whether business owners or founders) feel burned out. Most of us are familiar with the risks of burnout by now: job dissatisfaction, poor performance, and even more health-related issues like heart disease and depression. Can burnout as a business owner be avoided? Can […]