How do you sell a Business? Why do deals fall apart?
Mergers and acquisitions are very common in most industries, especially so in the construction industry. With hundreds of new companies cropping up every year and even more sales being made, you can expect to see a number of successful mergers and acquisitions take place between construction companies. However, not everything goes as planned during mergers […]
What Is a Building Automation Business? And How Do You Buy, Value, or Sell One?
A building automation business – like any other kind of business in the construction industry – offers certain services to residential or commercial building owners looking to automate various systems in their buildings. Depending on the quality of the services being offered, the size of the business, and the range of clients that the business […]
The 10 Most Common Reasons Construction Companies Fail
A construction company is like most other companies in that it needs good cash flow, motivated and qualified employees, proper marketing, and a good client base in order to flourish. What is different about construction companies, however, is that there are a large number of competing companies on the market. With some much competition on […]
How to Buy, Grow and Sell HVAC Business in Ontario?
Generally, all business owners have business growth as a goal they would like to achieve. HVAC company owners are no different. A business owner’s primary goal over the years would be to ensure that they build a valuable and profitable company that achieves steady and continuous growth as the years go by. In 2022, there […]
Maximize the Value of Construction Business Before Selling It
If you have spent many years of sweat and blood in starting and building a construction business, selling it can be a difficult point to reach. Making the decision to sell a business is critical, and there is usually a lot of thought put into it. You would not want to risk selling a business […]
Pros and Cons of Buying a Unionized Business
When it comes to buying or selling a construction business, there are all sorts of factors that need to be considered and thought about by both the potential buyer and the seller. These factors include the projected growth of the business, cash flow and business financials, legal matters, inventory and working capital, and so on. […]
Steps to Ensure Effective Business Transition when Selling a Construction Company
Whether you are considering selling your construction company right away or sometime soon, there are many things to keep in mind to ensure an effective and smooth transition period. The transition period is essentially the entire period when you first decide to sell until the sale process has been completed. During the transition period, you […]
What is the Real Value of a Construction Company?
Buying or selling any business or company, including ones in the construction industry, is a huge decision that is not often made lightly or without plenty of thought and consideration. Business entrepreneurs take great care to have professional business valuations as part of the due diligence process before any purchase is finalized or the sale is […]
Construction Equipment Business – Buy an Existing Equipment Business or Start One from Scratch?
Owning a business can be one of the smartest career moves, especially in the current economic climate. When it comes to the construction industry in particular, there can be several advantages to owning a construction equipment business. Renting out construction equipment can be highly profitable, and there is never any shortage of construction companies looking […]
How Is Working Capital Dealt with When Selling a Construction Company?
There are a number of different factors that need to be taken into consideration and dealt with accordingly when it comes to selling a construction company. Some of these factors include valuating your business, getting all of your finances in order, preparing for the due diligence process, and so on. Another important thing that needs […]
