We work with business owners as they plan for the future! One of the primary ways The Gibbs Group does this for you is to offer you a Business Valuation on your Businesses and/or real estate. If you would like to receive an accurate valuation as to what your business is worth, even if you are not looking to sell…
Tag: Business Sellers Wanted
How to sell your business – part 6
So you want to sell your business? Consider your employees. Decide how and when you will communicate the sale with your employees. Because of the uncertainty involved, most business owners wait until the sale is imminent (or done) before sharing the news with their employees. A buyer is likely to keep your employees after the sale is completed, so treat…
How to sell your business – part 5
So you want to sell your business? Now this one is as simple as it comes. Organize your legal paperwork such as operating licenses, property leases, customer agreements and insurance documents. Know where they are, keep them handy, you will surly need them. So find a good file folder and have all of those documents at hand so when you…
How to sell your business – part 4
So you want to sell your business? Update your company’s financial statements and understand the nature of you firm’s revenues and expenses. Buyers will typically require 2 to 3 years of financial statements (profit-and-loss statements, balance sheets and/or tax returns) for their evaluation. Make sure you have supporting documentation for nonoperational expenses (fringe benefits such as your personal health insurance).…
How to sell your business – part 3
So you want to sell your business? Selling a business can be emotionally stressful. We are sharing 10 steps to help you maximize your success potential when selling your business. Stay tuned each week as we share the top 10! Tip #3 Learn the true value of your business. Since small business valuations can be complicated, many owners have no…
How to sell your business – part 2
So you want to sell your business? For many, selling a business is a once-in-a-lifetime event which can be an emotionally stressful for an owner. We would like to share with you 10 steps to help you maximize your success potential when selling your business. Stay tuned each week as we share the top 10! Tip #2 To avoid delays…
How to sell your business – part 1
So you want to sell your business? For many, selling a business is a once-in-a-lifetime event which can be an emotionally stressful for an owner. We would like to share with you 10 steps to help you maximize your success potential when selling your business. Stay tuned each week as we share the top 10! #1 Be ready to sell.…
Gibbs Group Joins Care Options Network
We proudly announce the Gibbs Group of Calhoun Companies has joined the Care Options Network. We specialize in the sale and acquisition of Assisted Living Facilities, Home Health Care/Home Care, plus many other businesses in that field. Home Health / Assisted Living Opportunities We are the top Broker of Health Care Related businesses in the Upper Midwest. We have facilitated…
How To Be a Super Confident Leader
Many responsibilities come along with the job of running a business. Every day, business owners are confronted with a variety of issues and challenges, and if the business owner lacks confidence, not only will those issues and challenges go unresolved, but also the business will not grow and thrive. According to Thomas Edwards, founder of executive coaching firm Confidence Unchained,…
Five Reasons to Buy an Existing Business
If you are an entrepreneur dreaming of owning a business, we have five reasons why you should consider buying an existing business or franchise rather than starting up your own company. In fact, according to an article in Southcoast Business Bulletin, extensive data has shown that your chances for success are much higher when you purchase an existing business or…
Commercial Services
Are you contemplating selling land or a building? We offer complete Commercial Sale and Leasing Services. Call the Gibbs Group now for more information: 612-467-9673 Sign Up for our monthly email newsletter [contact-form-7 id=”213″ title=”Newsletter”]
Business Valuations
We work with business owners as they plan for the future! One way we do this is to offer Valuation Services on Businesses and/or real estate. If you would like to keep an accurate gauge as to what your business is worth, even if this is not the time you are looking to sell, give us a call for a…