Blog by MARK HERRMANN

As the saying goes, the best preparation for tomorrow is doing your best today. But many business owners may not know what to do TO prepare. Recently UBS Investor Watch looked at business owners who now face headwinds from higher interest rates, inflation and political uncertainly.

Deciding to sell your business and getting ready for the process to sell your business, takes time. But how much time and how and when to get the process going?

Mark Herrmann was recently a guest on the podcast, The Builder Nuggets. A community of successful construction industry leaders, The Builder Nuggets is composed of award-winning builders, remodelers, business coaches, and industry experts that have come together to share their secrets of success.

The median revenue for closed transactions was up 7% and the cash flow was up 13%. It seems that the general consensus is that dining out is popular again after years of struggles due to people avoiding meals in public.

BizBuySell is an online resource that focuses on offering unique content that specifically addresses the needs of buyers and sellers. To make this happen, BizBuySell has teamed with a range of experienced business brokers who are covering topics relevant to business owners, buyers, and sellers.