Find helpful tips and suggestions for successfully selling your alarm business. Here, we share ideas and strategies that will help you navigate alarm company sales successfully. Whether you’re interested in buying or selling an alarm company, this insight from industry expert and alarm company broker Rory Russell will benefit you.
Many fire and security business owners plan or hope to hand down their businesses to their children or other relatives. Though this sounds like a great idea, there can be many unexpected concerns and questions as your exit approaches. Following the steps for succession planning can make a big difference in addressing these concerns and…
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Selling your organization to a new owner can be a challenging adjustment for both you and your employees. Whether you are staying on in some capacity after the acquisition or not, there are things you can do to make the shift easier for your team. It’s important for you and the new owner to understand…
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When it’s time to sell your business, you want to make sure you know how to negotiate and handle the selling process. Without the right knowledge and preparation, you can risk selling for too little or being manipulated into terms you don’t want. To protect themselves through the process, many sellers turn to a broker…
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There are many reasons a business owner decides it’s time to exit. Many exit when they are ready to retire. Some exit to pursue new opportunities in the same industry or because they’re ready to explore something different. Financial stress or strain can also compel owners to sell. Mixed Emotions and Life Safety Consulting No…
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Selling your business is a scary and emotional process, especially for small business owners. Trying to put aside your feelings as you approach the bargaining table can be hard. And sometimes, this struggle alone can give buyers the competitive edge during the negotiation process. Arming yourself with the right information before negotiating will help you…
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For those new to the idea, hearing about owners selling their businesses can spark curiosity. It may be easy to think that owners only sell when they need help, either because their company is failing or because they themselves mismanaged money. But there are many reasons to sell a business, even a profitable one! From…
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Preparing to sell your company is a big undertaking! From gathering and organizing your finances to making decisions about your team, there’s a lot to think about and do. This can be especially difficult for a family owned and operated business, as the selling process can be an emotional one. While there are some things…
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When you’re in the midst of running a successful and profitable alarm or fire protection business, chances are developing an exit strategy is not top of mind. However, many alarm company owners learn the hard way that they should have spent time devising a strategy for ultimately leaving the business long before they did so. …
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If you know you want to sell your fire protection business in a few years, your impulse may be to slow down or simply maintain your current workload. But, the opposite can be the better way to prepare for more competitive offers. Here are a few ways to sell your fire protection business for more:…
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Selling your fire protection business is a hard decision. It can come with many mixed emotions, especially when the business has been in your family for generations. But, your exit does not have to be the end of your legacy. There are ways to plan your retirement from fire safety while also knowing your customers…
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