Founder - Chinook Business Advisory
Co-Founder - https://t.co/ao5IXxCYcu
Owner - https://t.co/LLrPWleA9g
Helping people buy and sell companies for more than a decade.chinookmabb.com Victoria, British ColumbiaJoined January 2022
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I emailed an accountanting firm on behalf of a seller client to get a cost estimate for an upgrade to review engagement statements from compilation statements. My client got a bill for more than $700.00 for the response (the upgrade will cost $15k). Is this normal?
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Spoke with some buyers yesterday who were concerned that a business we were repping didn't have a moat. The business has been around for 40 years under three owners. #SMB, valid concern?
Just had a great meeting with a fellow who "bought himself a job" in 2019 for about 100k. Fast forward four years and he is looking at a sale price of around 2 million if 2023 pans out the way he expects.
If anybody is interested in listening to a discussion between a couple of exceedingly smart folks, moderated by my co-founder @morgantate_ please register and tune in tomorrow.
If anybody is interested in listening to a discussion between a couple of exceedingly smart folks, moderated by my co-founder @morgantate_ please register and tune in tomorrow.
Great post. Every one of these points is equally as applicable to SMB deals. #3 is mportant - if it's a good company and you can add value as a new owner, it's hard to overpay (within reason).
Great post. Every one of these points is equally as applicable to SMB deals. #3 is mportant - if it's a good company and you can add value as a new owner, it's hard to overpay (within reason).
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