Smith Floyd Mergers & Acquisitions
Business is always personal
“Efficiency is intelligent laziness” – David Dunham Conventional wisdom says that to make more, you need to work more. The opposite is true among many of our business owner clients. The most successful entrepreneurs–those earning $300,000 or more annually—typically work 1/3 fewer hours than, and take twice as many vacation days as, those earning under [...]
“We learn more from our failures than our successes” . . . is there a more worn out cliche? Then why don’t we read much about the reasons behind failure? There is a lot of press to the “keys to success”, but what about the “scars of failure?” I currently run a successful small business [...]
Two construction workers, Tom and Steve, eat lunch together everyday for 20 years. And on every single one of those days, Tom opens his lunch box (Yes, he is still enough of a bad-ass to use a lunch box. . .i miss my NY Yankees one), looks at his lunch and then throws up his [...]
This post is the first in a series of posts called “Business Owners’ Nightmares Series.” We will be striving to address the topics that we know are keeping business owners or would be business owners up at night. At a minimum, this series should provide business owners some comfort [...]
Now is not the right time to go to the store for groceries, nor is it the right time to buy a new car, nor is it the right time to go back to school to finish your degree. Time stops for no one and this rule is no exception to the sale of your [...]
The short answer: No! “Now” is not the right time to do anything. Use this “now” as an example, if it was “later” you would not be reading this because you would be working on things that really matter to you and your future. “Now” is a time for planning and thinking, “later” is where [...]
There is no doubt about it, that the world of business sales is a shark-infested ocean. From mom/pop stores that sell for $80k to middle-market deals of $10 million+ . . . to buying shares of publicly traded companies. The sharks take on many different forms. The most dangerous ones are those that approach with [...]
“Matt, I have this really great idea for a business franchise. Can you help me?” If I had a nickel for every time I have heard this question, I would have a decent amount of nickels. My answer is routinely as follows, “So you want to franchise your business? You have an idea that you [...]
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