Myers Business Advisors, Ltd.
Here, I share real stories, helpful tips, and personal insights on the adventure of buying and selling businesses. Happy Reading!
Buying a business can be one of the most exciting—and challenging—decisions you’ll ever make. It’s a chance to take something that’s already built and make it even better. But there’s one common mistake that I see time and time again: buying a business in an industry you don’t know much about. It’s a trap that’s … read more
The manufacturing sector remains one of the highest demanding industries espicially in Noertheast Ohio. This region has long been a manufacturing hub, with a skilled workforce that knows how to get the job done right. On top of that, manufacturing businesses tend to have lasting power. Unlike service-based businesses, they’re often built on long-standing relationships … read more
Many business owners are all thinking the same thing when they first hear about my services. They want to sell their business and are interested in partnering. But before they make a decision, they want to know more about what it’s like working with me. And trust me, I get it. Choosing the right advisor is essential when starting … read more
All business owners transitioning to the sale of their business strive to sell it for the maximum return on their investment. However, many end up with a sub-par sale, leaving them with regret and dissatisfaction. For many business owners, this is their nightmare scenario. The missed opportunities, financial strain, and regret can leave them feeling … read more
If you are in the market of buying or selling a business, there is a good chance you have heard of the term “silver tsunami.” This term is a powerful metaphor for the significant demographic shift caused by the aging baby boomer generation. As it relates to business sales, it’s been said that it could … read more
If you’re focused on the lower middle market, there are some key insights you should be aware of in the current market to navigate them for success. Be Aware of Tightening Credit Markets Credit markets are tightening, resulting in more cautious lenders and financial difficulties. But don’t let that scare you off. Despite economic uncertainty and … read more
Are you a business owner considering selling your business? If so, there’s an essential first step you shouldn’t skip to ensure a successful sale. Selling a business is no small feat. From my experience, many business owners are eager to dive straight into the sales process. However, those who rush often find the process becoming … read more