Grundstrom Landscape Maintenance, Inc.of Mundelein, Illinois, has been sold to a private investor. Grundstrom is a commercial landscaping business that has been in operation since 1948. Grundstrom serves western, northwestern and northern Chicago suburbs. Grundstrom has long-standing relationships with many of its clients, some of which have been clients for over 30 years. The Business is known for its reliable staff and exceptional service. The Business was acquired by a private investor who was looking to acquire an asset in the landscaping industry.

Have you ever wondered what determines the value of your business? Perhaps you’ve heard an industry rule of thumb and assumed that your company will be worth about the same as a similar size company in your industry. However, when we take a look at the data provided by The Value Builder System™, we’ve found there are eight factors that drive the value of your business, and they are all potentially more important than the industry you’re in. Not convinced? Let’s look at Jill Nelson, who recently sold a majority interest in her $11 million telephone answering service, Ruby Receptionists, … Read more

In our experience, there is a great deal of confusing information about business valuation.  Most business owners have heard about the values that some other business owners may have received for their business.  Drawing conclusion from rumors, casual and incomplete information can be very dangerous. Recent studies indicate that nearly 80% of business owners are relying on the value of their business to fund retirement.  Those same studies indicate that fewer than 30% have a plan to make that happen – or have any idea what their business is really worth. When a business buyer looks at business valuation, regardless … Read more