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The Realities of Achieving Top 1% Income: Sacrifice and Hard Work in Business Acquisition

The Realities of Achieving Top 1% Income: Sacrifice and Hard Work in Business Acquisition

by Hank Bockus | Jul 5, 2024 | Business Finance

As a seasoned business broker with extensive experience working with top 1% income earners in the United States, I’ve observed a recurring theme among aspiring business buyers: the belief that one can attain a high income with minimal effort. This misconception, often...
Navigating the Landscape of Business Buying: The Challenge of Undefined Parameters. 

Navigating the Landscape of Business Buying: The Challenge of Undefined Parameters. 

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...

What is SDE and EBITDA and how is it used in selling your business?

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...

Can Bockus Consulting Be Trusted to Close Your Business Sale?

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;...
The Smartest Business Owner in the Room . . . Unveiling the Unseen Genuis Behind Business Sales.

The Smartest Business Owner in the Room . . . Unveiling the Unseen Genuis Behind Business Sales.

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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