Smith Floyd Mergers & Acquisitions
Business is always personal
Thinking of buying a franchise? Okay, fair enough. There are many good reasons to buy a franchise, but there are also many pitfalls to avoid. In fact, there are more horror stories than success stories. Why? In this man’s opinion, it is because the franchises that rise to the surface as the most desirable [...]
Smith Floyd Mergers & Acquisitions is pleased to announce that Michael Houlihan, Co-Founder of Barefoot Cellars, is making a guest appearance on-air with us this Wednesday @ 11AM HST. Listen live on the web HERE In case you’ve been living under a rock these past few years: Barefoot Wine is the leading single label in the [...]
ASK FOR IT! Can we all please agree to cut the crap with the flashy “capture” pages, offers of “free” stuff, sweepstakes, free iPads. . . etc. . etc? We would like to communicate with you from time to time (reasonable wo/man theory applies). . .therefore Would you please share your email address [...]
A business valuation is important even if you don’t plan to sell your company . . . yet. When you first wrote your business plan, you likely included an exit strategy. Most business owners give little thought to this strategy, or often the strategy is no longer relevant. “If you want to make God laugh, tell him about [...]
“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 [...]
Looking for the weakness in your group? The search is over. It’s you. Fire yourself. You are the problem. Worse yet, you already know this.
How well could you concentrate with rock music blaring in your ears at deafening levels? In an office filled with the scent of a skunk? The constant taste of orange juice/toothpaste in your mouth? With your skin covered in poison ivy? Unpleasant and incessant senses can bring productivity to a screeching halt. The one sense [...]
When your co-worker tells you about the crazy dream he had, you know how you pretend to care but aren’t even remotely interested? The same is true about your business idea. Nobody cares. Why? Business ideas are a dime a dozen. Great business ideas are a dime a dozen. World class business ideas are a [...]
I am the interviewer these days. But I remember when I sat on the other side of the table. Knowing what I know now, I am embarrassed even thinking of my previous job interviews. There is a MAGIC INGREDIENT to crushing any job interview. It is very simple, but 95% of applicants DON’T GET IT! [...]
“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 [...]
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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