It’s terrifying. Or at least unnerving, to think about having a complete stranger dig into the financial corners of your business to get it ready for sale. After all, you’ve spent years, maybe even decades, building a business you’re proud of. But now, as you start thinking about retirement or…
Protect your business, your profits and your legacy while you sell. As a seasoned business owner in the customs brokerage or freight forwarding industry, you’ve likely invested countless hours and immeasurable effort into building your enterprise. Over the years, you’ve weathered economic fluctuations, navigated industry changes, and constructed a company…
Selling your business is a monumental step, and one that you simply cannot skip is understanding the legal implications of every step along the way. So inn this article we’ll shed light on the key legal aspects you need to consider when selling. With one or two you may not…
In the ever-evolving landscape of global commerce, the freight forwarding industry stands as a critical pillar. This industry connects businesses, bridges economies, and ensures the smooth flow of goods across borders. For entrepreneurs considering diving into this lucrative arena, the question often arises: should you build a freight forwarding business…
Selling a business is not just a transaction—it’s a life-altering decision that can mark the beginning of a new chapter in your life. Whether you’re a business owner in the customs brokerage or freight forwarding industry looking towards a well-earned retirement or considering a shift in your business interests, this…
In the realm of mergers and acquisitions, confidentiality plays a paramount role in ensuring the success of a business sale. For companies like Albion Mergers and Acquisitions, who specialize in working with sellers in the freight forwarding and customs brokerage industries, maintaining confidentiality is not just a best practice, but…
If you own a customs brokerage or freight forwarding business and want to sell, there are some general…and some specific questions you should ask your prospective business broker or M&A specialist. We’re going to break those down here and prepare you to hire the best sales organization to help you…
The decision to sell your business is usually motivated by one of these 7 reasons: Getting ready to Retire – and selling the business is a core part of building your financial resources to do that. Succession Issues – Not all business owners, even family business owners, have a…
Baby Boomers operate an estimated 12 million small businesses across the United States. But many of these individuals (us) have reached retirement age and are making decisions about the future of their businesses. On average, around 350,000 Baby Boomer businesses change hands each year. And freight forwarding businesses are not…
Trying to figure out a company’s fair market value can be a challenging feat. However, there are many reasons why this may be necessary. As a business owner, you may be looking to merge with another company, considering a partnership, or you may simply want to see how your business…