Innovative Business Advisors Blog & Resources

Bill (not his real name) came to work for his dad when he was a teenager and returned to the family business following college.  He literally started sweeping floors and hauling trash and by the time he left for college had worked in every department of the business.  His dad didn’t have a college degree…

  5 Ways To Get Your Business To Run Without You Some owners focus on growing their profits, while others are obsessed with sales goals. Have you ever considered making it your primary goal to set up your business so that it can thrive and grow without you? A business not dependent on its owner is the…

Making your business less dependent on you has a number of benefits: you can scale your company more quickly if you’re not acting as a bottleneck; you get more time to enjoy life outside of your business; and a business less dependent on its owner is much more valuable to an acquirer. Pulling yourself out of the day-to-day…

From St. Louis Small Business Monthly’s Interview with Terry Lammers, published in the November 2018 Issue: What are the challenges facing business owners when it comes to M&A? Lack of knowledge, period — drop the mic!  That’s why I titled my book You Don’t Know What You Don’t Know: Everything You Need to Know to Buy or…

  We talk with business owners every day from all types of industries with businesses in a wide range of sizes. One thing we’ve been told that seems to be industry agnostic is, “We can’t find qualified employees,” or, “We will grow as fast as we can find qualified employees.”   We know where those…

The Value Builder System™ recently announced the appointment of its 2018 Advisory Board members who serve to provide direction on the development of world-class, value-building products and services. The collective mission of Certified Value Builders is to shift the balance of power in favor of small business owners as they prepare for and approach the…

Take these simple steps to sell your restaurant now! You have worked for years at building a brand and having great food and service. When you’re ready to move on and sell your baby, you need to prepare your business just like you are selling a house. Here are 6 great ideas to make it…

Innovative Business Advisors and American Business Network today announced that they have combined and become Innovative Business Advisors, LLC. The merger creates a strong team of seasoned professionals providing Business Mergers & Acquisition Services, Business Valuation Services and Business Advisory Services. Both firms were honored recently to be recognized as “The Best M & A…

You Don’t Know What You Don’t Know: Everything You Need To Know To Buy Or Sell A Business is an in-depth examination of the process of purchasing, growing, and eventually selling a business. Author Terry Lammers tells how he got into the mergers and acquisitions business, and his relaxed style feels like having a cup of…

InPaint Magazine, the magazine for professional painting contractors in North America, recently interviewed Steven Denny to provide insight for its membership on the ins / outs of selling a private commercial services business.  Denny emphasized a three-step approach to selling a business: Start with a Business Valuation. This will identify the business value in the…