When we market a business for sale, we often receive multiple initial offers. No two offers are structured the same so we often put together comparisons to try to get an apples to apples comparison. Below is a chart showing an offer comparison from five different buyers. We ordered the offers from left to right […]
It’s a Great Year to Invest!
Preliminary reports from fuel marketers show that 2018 was a very good year. For the most part, gallons were up, margins were strong and the new tax laws seem to be putting more after-tax dollars in owner’s pockets. With the new Section 179 accelerated depreciation rules in place, it’s lining up to be a very […]
In the 1970’s, many believed the world would soon be running out of oil. In the 1980’s I remember hearing that all the small family owned propane and heating oil companies would be gobbled up by a few large companies. Neither of those projections held true. The world is producing more oil and propane than […]
We Need to Keep Fighting
Many people think lobbying in Washington D.C. is unamerican and only protects special interests of big corporations. My experiences tell me just the opposite. Sure, big business wants to protect their interests, but many smaller family owned businesses need to protect their families, their employees and their industry. This point was driven home for me […]
After the Sale, what are they doing now
No one can predict the future and when it comes time for an owner to sell their company and move on to the next chapter in their life, it is a big step for them and their families. I caught up with some owners who sold their business and asked them their thoughts on looking […]