Preparing Your Business for Sale

Preparing a business for sale is not usually one of an entrepreneur or small business owner’s highest priorities. The complications of the day-to-day running of a business often keep business owners from effectively planning for the future. Nevertheless, most business owners ultimately have to confront the reality of needing to sell their business. Oftentimes, the need to sell is triggered by unforeseen circumstances, such as death or disability, a divorce or other circumstances which may put extra pressure on the situation and make effective planning and decisions very difficult. Some basic steps taken well in advance will help facilitate a … Read more

Making Your Business Attractive to Potential Buyers – Understanding the Value Drivers

Most sellers are aware that that there are “rules of thumb” or industry standards that suggest that businesses in certain industries should sell for a specific multiple of revenues or cash flows. Many times sellers are disappointed that there business does not generate offers at or near the “rules of thumb.” This can happen for a variety of reasons – you can be selling at an inopportune time or, for a variety of reasons, your business may not be attractive to the buyers who are willing to pay top dollar. One important issue is that there are two general types … Read more

ValleyCrest Acquires Concepts in Greenery

CALABASAS, Calif., April 4, 2008 ~ ValleyCrest Companies, the largest privately-held landscape firm with nearly $1 billion in revenue, today announced that it has acquired Concepts in Greenery, a landscape services company based in Stuart, Florida. Founded in 1993 by Dan Steinberg who manages the company with partner and co-owner John Rose, Concepts in Greenery has achieved steady growth and market presence, providing landscape maintenance and installation services to a large and loyal customer base along the Southeastern coast of Florida. “Concepts in Greenery is a company that we have been impressed with for some time due to its high … Read more