03:21:23 - This week in The Hub - Main Street Weekly
Curated from the world of SMB (small to medium business)...
We do the research and bring you what’s pertinent when you want to grow, scale, buy or sell your first or your next business.
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In the News/Blogs …
Small Business Loans in March 2023
With the threat of recession on the horizon, it’s a good time to look into business financing, like small business loans to keep your company afloat and growing.
Finding the right small business loan for your business can be daunting, but Nav can help you cut through the noise to find the right option for you.
Read on to find out more about the top small business loans of March 2023. (7100 words) Read more…
M&A at a Glance (March 2023)
Last month, we reported that M&A activity in January was generally down by total deal value and up by deal count from December. In February, however, the trend reversed across all sectors (U.S. and global, strategic and sponsor), with total deal values up and deal counts down compared to January. (12 Pages) Read more…
Private Equity Search Funds - the good and the bad
I received an email today from a business owner that has a letter of intent to sell a majority interest to a private equity group, but he is having second thoughts about how professional the PEG really is. After looking into it, he is probably involved with a small search fund.
If you are working with an equity fund, ask these questions yourself. Ask them in plain English, and if you get investor-speak back, ask them to clarify. Here are some questions to ask: (734 words) Read more…
The New CFO - How chief financial officers can pull their weight in M&A
When Suzy Taherian first became a chief financial officer more than a decade ago, her job was simpler, to say the least.
Things have shifted dramatically, Taherian says. Among the changes: CFOs now get deeply involved in mergers and acquisitions.
Whether they’re playing a central role in a takeover or readying a company for acquisition, CFOs have cast off the bean-counter stereotype by driving M&A strategy. To raise their game, they must sharpen their people skills and keep a close eye on the rapidly evolving deal market. (1850 words) Read more…
North of 60 Mining M&A activity heats up
From competing offers for an exploration company with large and intriguing mineral projects in the Yukon, to the world's largest gold miner making a US$17 billion bid to buyout an Australian mining company with two producing assets in British Columbia's Golden Triangle, February was a big month for mergers and acquisitions in the North of 60 Mining News coverage area. (2659 words) Read more…
In the Pods …
E109 When your exit is forced on you
Sometimes the small business exit doesn’t go like you hope. Tracy’s story shows how quickly an owner can go from small business bliss to tragic tale. (1:00) Listen in…
E8 - Pete Seligman, Australian search investor
Pete is a former acquisition entrepreneur himself who now backs aspiring private business owners by co-investing in their businesses and coaching them to make real progress by distilling the mission; articulating the strategy; building great teams; and then designing pragmatic plans to put rubber on the road.
In this episode, we discuss the Australian market for search funds and dive deep into how successful searchers navigate acquiring and operating businesses. (45:23) Listen in…
How to Buy & Grow a Subcontractor Business | Brenden Van Buren
Brenden Van Buren acquired a fencing business and started a search accelerator at Carnegie Mellon. We dive into both these experiences. I press Brenden on buying a fencing business, known for being cyclical and project-based, 2 attributes that investors typically tell searchers to avoid. We also get Brenden's perspective on the art of search and what he's learned by investing in other searchers. (1:19:14) Listen in…
E106: Nate Lind- From Start-Up Success To Selling $100M Worth In Transactions as a Broker - How2Exit
Nate Lind, is the author of Maximum Exit - The Definitive Guide for Internet & Technology Focused Business Founders and a business broker at Website Closers, the largest marketplace of $1 million to $150 million dollar Internet, Technology, and E-commerce businesses. (56:34) Listen in…
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In the Knowledge
Strategic Marketing Plan | How to Grow Your Small Business
Have you ever found yourself trying to wrap your head around what a true marketing strategy for your business would look like?
Often times small business owners and entrepreneurs struggle with the concept of marketing or understand only bits and pieces. Marketing is much more than simply advertising or branding and it doesn’t have to be difficult to apply it to your business. This article will help you see a clear picture of what marketing should look like for your business and how to make your very own strategic marketing plan. (2,749 words) Read more…
How to grow your brand: 22 strategies to increase brand awareness
If people don’t know who you are, how can they buy your digital products? They can’t.
Brand awareness is one of the most important aspects of growing an online business. Making people aware of your brand and your products makes you more likely to generate profit.
Learning how to grow your brand can position your business for success, but you might not know where to start. That’s where this guide comes in. (3,640 words) Read more…
In the BIG Guys Corner … (middle market and above)
Ryan Reynolds’ Mint Mobile to Be Acquired by T-Mobile for Up to $1.35 Billion
Mint Mobile, the prepaid wireless brand in which Ryan Reynolds holds a minority ownership stake, has been acquired by T-Mobile in a deal worth up to $1.35 billion.
Under the pact, expected to close later this year, T-Mobile will acquire Ka’ena Corp. and its subsidiaries and brands: Mint Mobile, international wireless service Ultra Mobile and wholesaler Plum. Read more…
SVB Collapse Could Trigger More Corporate M&A, Tech Leaders Say
The increasing pressure on venture capital investing from the collapse of Silicon Valley Bank and other macroeconomic factors could spur a pick up in technology-focused corporate M&A, according to business technology leaders.
This could present both opportunities and challenges. Read More…
In the Sosh … who to follow this week
Chris (Doctor) Daigle
Investor + I scale businesses, even YOURS! I deploy our proven practices to make it happen (it’s easier than you think). My approach to all is from a place of Higher consciousness.
Connect with The Doctor on LinkedIn, DaygullStrategic.com (Company), ChrisDaigle.com (Personal)
Adam Lyons
We’ve helped over 1,900 businesses get a higher lifetime value per customer than their competitors in 30 days without needing any new leads.
Connect with Adam on LinkedIn, thesmartblueprint.com, and upsells.com.
In the calendar …
The Exit Meetup by Flippa, In a City Near You Soon
The Exit Meetup is a local meet-up for like-minded business owners.
Meet others, and talk about growth and the opportunity to buy or sell. Plus, hear from a successful acquisition entrepreneur. This is an informative and entertaining meetup aiming to connect owners and investors in a fun environment. Check it out
SMB Acquisitions Entrepreneurs Bi-Monthly Networking
A twice-monthly networking meeting where acquisitions entrepreneurs come together online to build teams, share ideas and resources, and help each other succeed. The first and Third Tuesday of each month. Check it out
Mastering Acquisition Deal Structuring Webinar, March 23, 2023 - 1:00 PM EDT
Structuring an acquisition can be complex, involving legal, financial, and operational considerations. Our panelists of top M&A experts will provide their views on strategies and best practices. Joining us will be: Marc Morgenstern, Bill Snow, and Kenneth Marks. Register here…
SMBash 2023 April 27-30th 2023 Austin, Tx
A live gathering of SMB, Micro-PE, and ETA Owners, operators, and Investors. Check it out
2023 Hold Co Conference - Sept 18-20, Cleveland Ohio
The official “Un-Conference” of micro-PE. Where Holding Companies Meet, Learn, Scale, and Grow. Check it out
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