Buy vs. Start: 5 Benefits of Acquisition Entrepreneurship
Today’s small business owners face a challenging business landscape characterized by economic uncertainty and rapidly shifting political dynamics. Yet, despite these obstacles, new business owners are successfully paving their way to success by starting a new franchise, acquiring an existing business, or launching a venture from scratch. According to a Guidant Financial study, 33% of […]
25 Questions to Ask When Buying a Business
Every year, millions of Americans give up their jobs in Corporate America to pursue the dream of owning a business. Deciding to buy and grow an existing business is a huge step for most entrepreneurs, and it can be incredibly gratifying. However, buying a business can take time and effort to navigate, especially for first-time […]
M&A Industry Trends: What Sectors Have the Best-Selling Businesses?
Mergers and acquisitions are generally most common in the technology, healthcare, financial services, and retail sectors. But some industries — including manufacturing and finance — saw more M&A action in 2022 than others. This shift resulted in a slight shuffling among the most sought-after business sectors in 2023. As the economy slowed, the end of […]
Top 5 Growing Business Industries in Charleston, SC in 2023
At Viking Mergers & Acquisitions, we help people all over the Southeast as they prepare to exit a business or acquire a new one. Whether you’re looking for a business or a buyer, the Charleston, South Carolina, area should be on your shortlist. Last year’s 2022 Top States for Doing Business report from Area Development […]
An Adventure in Acquisition Entrepreneurship
I recently had the pleasure of sitting down with Ken Massey, owner of Autumnwood Designs, to discuss his experience as a business owner. In 2021, Ken ventured into the world of “acquisition entrepreneurship” – and joined the ranks of a growing number of success stories. There is a great deal of insight to glean from […]
Business Advisor Highlight: Raleigh, NC
At age 14, Devak Patel began working for his father. Their family owned multiple Dairy Queen franchises, and Devak recalls the high expectations that came with working with his dad. While challenging, it also afforded him the opportunity to learn, not just from an employee perspective but also from his dad’s experience as the business […]
Buying a Business for the First Time – See how Viking Mergers helped Shaun Jacobson purchase his first business
What is an Earnout? What is a Seller Note? Protections to Consider When Selling a Business
When selling a business, the purchase price can be paid in several ways. Receiving the entire purchase price in cash at closing is, of course, the most straightforward and preferred option for the Seller. But there are business transaction structures where only part of the purchase price will be paid in cash, and the remainder […]
Ask These 2 Questions Before Buying a Business or Starting a New Business in 2022
With the start of a new year comes the opportunity to dream new dreams, set new goals, and revisit old ones. For many, the dream of owning your own business moves back to the forefront of your goals, asking for the attention it deserves. Often though, this stirs up more questions than answers – the […]
WATCH: How Viking Mergers Helped Rick Vaal Sell His Manufacturing Business
When The Money DOES Matter: Why You Should Use a Business Broker
The saying is true: money can’t buy happiness. On the other hand, as my father says, “Money isn’t everything, but it sure helps keep the kids in touch!” While Dad’s sentiment usually gets a laugh, he actually makes a very wise point. The Money Does Matter We can certainly agree that life is about more […]
How to Buy a Business: 5 Tips for First Time Business Buyers
When you sense the urge of entrepreneurship, you may want to start a new business. But that is not your only option. There is the option to purchase an existing business. Just as in the startup of something new, the process of how to buy a business that already exists is both thrilling and complex. […]
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 […]
John Hines
John Hines – Knot Yet Cabinet Works
Paul Hemingfeld
Paul Hemingfeld, Owner – Alliance Document Solutions