In mergers and acquisitions, an Indication of Interest (IOI) signals early intent from a prospective buyer. It’s typically the first step toward a formal offer, allowing both sides to explore the potential deal without commitment.

Understanding IOIs gives business owners a clearer view of buyer qualifications, purchase expectations, and deal structure. An indication of interest helps streamline communication, manage expectations, and set the stage for deeper negotiations, making it a critical component in successful M&A planning.

Having a plan in place helps protect the value you've built, provides clarity for the future, and ensures a smoother transition for everyone involved. Explore key exit strategies, their benefits and trade-offs, and why working with experienced advisors like Purpose Equity can make all the difference.

Every business needs a clear plan for leadership transitions, especially when the stakes are high. For multi-million dollar companies, a sudden change at the top can quickly lead to instability if the right planning hasn’t been done. That’s why succession planning isn’t optional; it’s essential.

There comes a point in the life cycle of any company when the company's owner might consider selling the business off to generate some funds for themselves and to move on to the next chapter of their lives. There is nothing wrong with that. It can be seen as the ultimate sign of success to finally reach the point where one can offload their company into the hands of someone else who wants to run it. That said, there are certain steps that must be followed to the letter to get this done properly. Let's look at some steps that anyone looking to sell their construction company should follow. 

Company owners who are interested in liquidating their business but aren't sure where to turn ought to consider the potential virtues of an ESOP. This is an option for selling off their business that they might not have previously considered. However, the virtues of doing so are difficult to deny. This is why we want to take an in-depth look at the immense value that can come with making this choice while liquidating a business. 

If you are a cash-strapped business owner or want/need to sell your small business for other reasons, you might wonder if your existing SBA loan might impact the sale. The quick answer to the question, "Can I sell my business if I have an SBA loan?" is YES. However, there are certain considerations that you need to make to avoid violating the terms and conditions of your loan. Here is what you need to know about SBA loans and how to sell your business if you received the loan but have not paid it off.

For business owners planning to sell, knowing the difference between a business valuation and a business appraisal is essential. While often used interchangeably, these terms have distinct meanings that can influence your selling strategy. Purpose Equity's advisory services can support your sale by helping you understand these concepts to make informed decisions and maximize your business's potential.

Buying a business is a significant financial decision, and asking the right questions can make all the difference in making a wise investment. Whether exploring your first acquisition or expanding your portfolio, understanding the factors determining a business's value and long-term success is critical.

Valuing a service business is already a challenge, but it only gets harder when you don’t have any tangible assets to help you estimate. Potential buyers want an accurate assessment of a business’s worth when considering buying it. So, you owe it to yourself to understand proven valuation methods to measure your business’ worth properly. Learn how to do that and get what you deserve when you sell a service business with no assets.

Selling a business involves complex financial considerations, especially regarding taxes. Understanding the tax implications of selling a business is crucial for owners, as these factors directly affect the final proceeds of the sale. Sellers can make informed decisions and potentially reduce their tax liabilities by learning how the sale of a business is taxed and leveraging expert guidance.

Selling a business is a significant decision that requires careful consideration. Many business owners ask, "Is now the right time to sell?" That’s a harder question to answer than it might seem. If you’re considering selling, make sure to consider all the factors before you do. This guide will help you fully understand everything that’s at play when choosing if and when to sell your business.

Mergers and acquisitions (M&A) are key strategies for business growth and restructuring. Business owners looking to sell must understand the types of M&A transactions. Purpose Equity provides advisory services, which can help maximize business value through sell-side and buy-side advisory, as well as capital raising opportunities.

Selling a business requires a strategic approach and meticulous preparation. For business owners, the journey involves understanding the process, compiling key documents, and following a structured plan to maximize outcomes. This selling a business checklist offers a step-by-step guide to navigating the process, from assessing your business’s value to finalizing the deal.

In this guide, explore the pros and cons of selling to a private equity firm, what typically happens post-acquisition, and how Purpose Equity’s tailored advisory services support business owners through every stage of the process.

Family businesses often carry legacies that span generations, but with succession comes the challenge of ensuring a smooth and effective transition. As a business owner, you want your hard work to continue flourishing, but achieving a seamless transfer of ownership requires careful planning and consideration. Purpose Equity specializes in ensuring continued success for your business. 

When it comes to selling a business, the role of a business broker can be crucial. But what is a business broker, and what do they do? Explore the definition of a business broker and its importance in selling a business.

If you’re looking to value your business, you’re likely considering many factors. One important aspect is understanding the difference between financial metrics like EBITDA and EBITA. If this is your first encounter with these terms, we’ll clarify their meanings and explain how each one impacts the valuation of your company.

Valuing a business is a crucial step in the selling process and tends to impact the outcome of the deal significantly. Knowing how to value a business will give owners a leg up during the selling process. You’ll need to learn if you don’t know how to do that. Explore various business valuation methods, why an accurate valuation is crucial, and how Purpose Equity’s sell-side advisory services can be a major help.

Fast forward from Part 1 seven years, to the summer of 2020. We were in the process of helping a business owner consider his exit options.

It was April 2012. I was nine months out of big law, working at a small investment banking firm.