by Hank Bockus | Jun 6, 2024 | Buying Businesses
I want to buy a good, cash flowing business doing $500K in annually EBITDA. So what? Dog groomer, dentist, tire shop – can you be more specific? I love fun facts. Here is my fun fact of the day; according to the Oklahoma Secretary of State, there are... by Hank Bockus | May 29, 2024 | Business Appraisals
Today, we’re going to chat about two important things: SDE and EBITDA. Now, I know those sound like fancy words, but don’t worry, I’m here to break it down for you. First off, let’s talk about SDE, which stands for Seller’s Discretionary... 
by Hank Bockus | May 21, 2024 | Selling Businesses
The #1 thing that prevents a deal from closing . . . . wait for it . . . But first, FUN FACT: According to IBBA Insights – over 50% of all business acquisitions with an agreed-upon purchase price close the transaction and consummate a deal. Deal killer #1 is: the... by Hank Bockus | May 20, 2024 | Selling Businesses
At the heart of our approach lies a fundamental understanding: we are not dealing with static commodities. Instead, we recognize the fluid nature of business, where every transaction embodies a multitude of variables. Sales go up and down; expenses go up and down;... 
by Hank Bockus | May 3, 2024 | Selling Businesses
In business, there’s a common adoration for those who seem to have an uncanny knack for success. They’re hailed as the smartest minds in the room, revered for their ability to navigate complexities and orchestrate triumphs. Once upon a time, my client was...
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