Planning for a successful business future is an exercise in foresight and commitment. Without foresight, it may be difficult for you to determine what success means to you. Without commitment, even the best-laid plans will fall by the wayside. For everyone involved in the process of planning for a successful future, defining your goals is the foundation. When talking about …
If You Love What You Do, Why Should You Make Plans to Leave?
Many business owners love the companies they’ve founded, whether it’s because of the work they do, the changes they effect, the money their companies provide, or something else. When you carve out a comfort zone within your business, you might question why you would want to plan for your business exit. Today, we’ll look at a few reasons why owners …
Must You Fire Your Managers to Grow the Business?
Building business value is a common goal among business owners. Many successful small business owners find that after years of growth, the company can begin to plateau. It can be frustrating if you and your longtime managers realize that all of the things that grew the business in the past aren’t doing the trick anymore. It’s especially frustrating if you …
International Buyer Acquires Mountain Valley Express
Affinity Ventures is pleased to announce that Mountain Valley Express (MVE), with 6 locations in California, 2 in Nevada and 1 Phoenix, Arizona has been acquired by an International Buyer. Affinity Ventures acted as the exclusive merger & acquisition advisor to MVE for this international transaction. MVE is the premier freight service provider that specializes in overnight and second day …
How Do Business Performance and Health Affect Your Planning?
Many successful business owners don’t feel any urgency to plan for the futures of their businesses. When owners are comfortable where they’re at, they may struggle to plan with a longer view of their business futures, perhaps asking, “Why change what works?” One way to answer this question is to define what makes a business strong. Strong businesses are a …
How Long Does Planning for Your Business’ Future Take?
One of the first questions business owners ask about exiting their businesses is, “Just how long is all of this supposed to take?” The true answer is it depends. There are many things to consider as you shape your Exit Plan. You might have a business that’s worth $10 million but is overly reliant on you for success. You might have …
Cabrillo Hoist
Affinity Ventures is pleased to announce that Cabrillo Hoist, with locations in Fontana and San Leandro, California and Stanwood, Washington, has been acquired by BrandSafway. Affinity Ventures acted as the exclusive mergers & acquisitions advisor to Cabrillo Hoist. Cabrillo Hoist is a leading provider of construction hoists and elevators with more than 20 years of experience and locations in Fontana …
What You May Get Wrong About Business Valuations
Business valuations are important to successful planning. They tell you what your business is worth to a potential buyer. Though business valuations seem simple on the surface, even the smartest and most successful business owners can misinterpret their importance. Business valuations generally tell you two things. First, they tell you whether you can sell or transfer your ownership, right now, …
Andrew Melendrez Joins Affinity Ventures as Business Development and Cost Containment Specialists
Andrew is the Business Development and Cost Containment Specialists for Affinity Ventures. Andrew provides companies valuable information about reducing costs and increasing cash flow without changing anything to operations. This type of optimization is important to companies in the pre-planning phase of an exit strategy as it can have a massive impact on the bottom line. Andrew has extensive experience …
Optionality and Your Plans for Your Business Future
When many business owners first think about their business futures, their first question is, “Whom am I going to sell this business to once it’s my time to leave it?” It makes sense for owners to ask this question first, since the answer to that question can guide how their futures look. But this is a backward way of shaping …