Replacement Boat Carpet
Who Will Buy Your Business - Part 3
Financial and Strategic buyers are generally more sophisticated buyers who are looking for an ROI in excess of 25-35% per annum. Financial buyers include Private Equity Groups (PEGs), large pools of capital collected in a Fund and used to invest in Private companies. While the Wall Street Journal is peppered with stories of super-PEGs paying billions of dollars to take iconic public companies private, we are concerned with the many PEGs that invest in smaller, middle-market companies. PEGs will often purchase a business in a given industry to be used as a platform company, then look to acquire add-on companies that are synergistic with the platform. These add-ons can sometimes be as small as $2 million in revenue. PEGs need not be local to acquire a local company. While there are several Boston and Providence based PEGs interested in Massachusetts companies, there are many more PEGs as far away as Chicago or San Francisco looking to buy companies here as well as long as the target company matches their investment criteria.
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To Buy A Fat Pig
What does buying a fat pig have to do with your business? Stick with me and all will be revealed.
Does your business have a tactical and a strategic way to go to market? Let’s go down to Mr. Hoover’s butcher shop to see how it’s done.
Mr. Hoover has been selling bacon and other pig products for years. That’s pretty tactical, but can result in a good continuing income stream. A lot of customers come in week after week to buy their bacon and ham and pork loin, after all.
But Mr. Hoover wants to develop another income stream. What, he wonders, if he could get people to buy the whole pig ahead of time.
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Window Cleaning Business Future Challenge With Self Cleaning Glass
Self-cleaning glass has been talked about a lot, with such a catchy name in his hit the headlines of not only the trade journals, but also the mass media. Does self-cleaning glass mean that all the window cleaners and small businesses across this country are doomed? No, not yet. First of all, self-cleaning glass is not really self-cleaning at all, so many Industry call it low maintenance glass, but either way the idea is intriguing and appeals to consumers. In a recent article in Window and Door magazine, in March of 2003 the industry was asked what they thought of self-cleaning glass many of those interviewed were among the building industry, interior designers, architects, glass manufacturers, new homebuilders, tenant improvements retrofitters and window cleaning service companies. Having been watching the developments of self-cleaning windows for quite some time, we see a time when the big mirrored glass buildings will no longer need the same frequency of services. What does this mean for companies like; the Window Genie; the Window Gang; the Window Butler; and the Window Wash Guys.
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