John and Anne had worked together to grow a mid-market business for more than 20 years. This married couple built a company that serves Fortune 100 companies with brick-and-mortar renovation needs.
The proof is in the numbers: From fiscal 2011 to 2020 the number of small businesses receiving Defense Department contract awards decreased by 43%, despite obligations increasing by 15%.
Should I sell? Is this the time to buy? Who will buy my company? Is this a good company to spend my money on? Am I getting fair value? Am I overpaying? Fear and anxiety are just part of the process. Add the arcana of government regulations, and the M&A journey gets even harrier.
There are thousands of people across Alabama who are affected by the threat of a shutdown on January 19, 2024. Big companies are scrambling to deal with the threat.
Selling a business is not just a financial transaction. It’s often a highly emotional process that carries challenges for both sellers and buyers. After all
Small-business owners must compete with corporations that thunder past them carrying human capital, revenue, reputation and past performance. “Set-aside contracts” help provide a level playing field.