NEO Business Advisors, an expert in mergers and acquisitions (M&A) specializing in the manufacturing sector, recently assisted a family-owned manufacturing business in navigating the complex process of selling their company. After receiving an unsolicited offer of $4 million from a potential buyer, the owners sought professional advice to ensure they were getting fair market value […]
Standing out as a specialist in mergers and acquisitions can significantly impact a broker’s success. Nick Fares, Principal Broker at NEO Business Advisors, has effectively carved out a niche in the M&A industry, particularly in the manufacturing sector. His recent article in the IBBA Magazine highlights the importance of specializing in an industry niche and […]
When the time comes to sell your business, you will likely seek a business brokerage professional to guide you through the complex process. Marketing and negotiating the sale of a business requires expertise in various fields, including accounting, financing, and law, so it’s crucial to find an experienced and ethical broker. You can do this […]
While buying a small business can come with immense potential benefits, there are also inherent risks. Even so, the potential risks should not dissuade you from moving forward with your plans. Arming yourself with the right knowledge and adopting the correct approach can go a long way toward mitigating these risks and placing you on […]
Buying a business can be a great way to enter business ownership for the first time. Stepping into an existing business has many benefits for first-time buyers but there are acquisition benefits to be seen by existing businesses, too. Expanding a business’s operations through a merger or acquisition offers several key benefits for business owners […]
For many would-be business owners, the term seller’s market is incredibly concerning and brings to mind many questions. For example, is it a seller’s market for all businesses and industries? Is it possible to buy a healthy business without paying an exorbitant price? Can I negotiate, or must I simply make an offer with a […]
The sale of a business is often the single largest and most significant transaction of a business owner’s life. Unlike the sale of other large assets – like a home or a car – the sale of a business happens once, after years of blood, sweat, and tears have been poured into building the organization […]
Manufacturing is a massive part of our economy. From cars to clothes, electronics to food, it’s hard to imagine life without it. Unfortunately, like everything else in our lives, the manufacturing industry has been impacted by the COVID-19 pandemic and the resulting shift in the labor market and supply chain disruptions. These challenges have yet […]
Manufacturing companies, like all businesses, are facing a lot of challenges today. The global economy is simultaneously navigating a still pandemic-ridden world while struggling to recover from the repercussions of 2020s Covid-related shutdowns. Couple this with a nationwide labor shortage and the outlook for growth and profitability in the manufacturing industry would seem poor. Fortunately, […]
COVID-19 has left many businesses teetering on the edge of uncertainty within their markets. As the pandemic continues to cause disruptions to supply chains, exacerbate labor shortages, and end lives around the world, many businesses find themselves in need of a little help. The government, in an effort to relieve the stress COVID-19 is creating […]