Myers Business Advisors, Ltd.
Here, I share real stories, helpful tips, and personal insights on the adventure of buying and selling businesses. Happy Reading!
I spent over eight years in turnaround consulting, working with businesses that were in serious trouble. In every case, our goal was simple—figure out what was going wrong and help the business get back on track. I tackled a range of projects, from reviving struggling real estate and advising banks on bad loans to turning … read more
If you’re a business owner or thinking about becoming one, I’ve got to say—Northeast Ohio is an incredible place to do it. There’s something unique here that you don’t find in every market. It’s not just the opportunities; it’s the real sense of community and pride in entrepreneurship. Around here, people genuinely root for each … read more
From a young age, I had always wanted to be an entrepreneur, but I wasn’t ready to make the jump early in my career. I tend to plan out my life in terms of being on the right end of the risk-return curve, and in my early years, it wasn’t in the cards for me. … read more
If you’re thinking about buying a business, Ohio is a state that’s got a lot of great opportunities for your next investment—I might be a bit biased, but I’ve been in this market for over 30 years now (dang, I’m getting old), BUT needless to say I know what I’m talking about. Even if you’ve … read more
What does my day typically look like working as an expert business broker? This can be a difficult question to answer as one day never looks quite the same as another. But I’ll try to break it down for you the best I can. Rise and Shine—Starting Off My Mornings I tend to be an … read more
One of my favorite hobbies is collecting rare coins , and I wanted to share a piece of my collection with you today. Pictured on the left of the image above is one of the many rare coins that I have acquired over the years—This is a large cent dating from 1824. This rare coin … read more
If you want to understand the actual value of your business and manage it effectively, understanding the cash flow is essential. It’s not just a buzzword—cash flow is a big determining factor of your business’s financial health. But with all the different terms out there, it can be tough to know where to start. But … read more
If you’re looking to sell your business in Ohio, you’ve got a lot of decisions ahead of you. First, things first you need to prepare your business for sale, and then you need to find someone to represent you in that sale. Most of the time, it makes sense to hire the same person for … read more
My Experience with Partnerships and Letting Go of Total Control When I first bought a business, I’ll admit it—I was a bit of a control freak. I wanted the final say on everything and the idea of sharing control with a partner didn’t sit well with me. I think a lot of entrepreneurs can relate. … read more
Now, let me just say this before I dive into this topic—My wife made me promise that I wouldn’t buy another business—but if I were to break that promise? Hypothetically, of course—don’t worry, Katina! With my experience in business acquisitions and background in turnarounds, I now understand what’s most important to focus on and what … read more