Posted on December 14, 2017
5 Different Situations in Which Business Valuations Are Required for Trucking Companies
A trucking business valuation will be an important tool in nearly every business decision you will make. But while you can visit Zillow.com for an estimate of your home’s value, obtaining an accurate business value is not quite so straightforward. Whether you are planning to expand your company, put your trucking business for sale, or […]
Tags: Valuation
Category: Articles
read morePosted on October 25, 2017
7 Benefits of Pre-Business Sale Education
You wouldn’t make a million dollar purchase without doing some research first. Why should you attempt a life-changing sale without doing the same? When your trucking business is a primary source of income, maximizing your closing price is crucial. Educating yourself far in advance of a sale can lay the groundwork for a smooth transaction […]
Tags: Selling a Business
Category: Articles
read morePosted on August 31, 2017
Why Your Competitor is Buying the Company You Think is Worthless
Does the name Vera Coking ring a bell? She’s the stubborn homeowner who held her ground, unwilling to sell as a city sprouted around her. Even if you don’t remember her, there’s a good chance you’ll recall the iconic photograph of her family’s summer home, nestled in between the framework of a planned Atlantic City […]
Tags: Buying a Business
Category: Articles
read morePosted on August 31, 2017
No Offer to Buy Your Bus Business? No Wonder…
When you don’t know your own value, it’s hard to convince others of it. To sell your bus business, you have to tell a story; the story of how your business can make someone else money. The prospect of investing in such an asset-rich company, such as yours, can scream of added debt, which can […]
Tags: Selling a Business
Category: Articles
read morePosted on August 02, 2017
HOW TO SAY GOODBYE TO A FAMILY BUSINESS
Creating and growing a business is, in many ways, much like raising a child. Simply, it is hard work. When there are multiple family members managing the company and depending on it for their livelihood, how you want the company to grow and develop often takes you on a different path than companies with one […]
Tags: Succession Planning
Category: Articles
read morePosted on July 28, 2017
Case Study: One Client. Two Sold Businesses. 15 Years Apart
Last month, Tenney Group completed the sale of a trucking business in California. This Company had been providing concrete washouts and debris containers since 2005. The sale price was 15% over what the client had hoped. He was thrilled. Similarly, the Tenney Group team was thrilled because this was the second business sale success story […]
Tags: Selling a Business
Category: Articles
read morePosted on May 30, 2017
Guest Columnist- In the Hot Seat with Driver Retention Expert- Tim Hindes, Stay Metrics
Tim Hindes, CEO, Stay Metrics Tim Hindes has more than three decades of experience in the trucking industry, including early years as a driver and dispatcher. Since 2012, he has been CEO of Stay Metrics overseeing a team that serves nearly 100 carriers and 25,000+ drivers with its industry-leading driver engagement platform and suite of […]
Tags: Guest Columnists
Category: Articles
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