The Harvest Business Advisors team – Greg Caruso, Eddie Davis and Richard Stopa – have advice specific for the owners of wholesale and distribution businesses who are considering selling their businesses.
Having sold wholesale/distribution businesses in the past, they realize that owners operate on a thin margin. Richard Stopa suggests it is more important to show 3 to 4 years of historical sales history or earnings report than providing “forecasts” for growth. Retaining key people who understand the business and the established business processes is critical according to Eddie Davis And Greg Caruso advises owners to eliminate problem areas, maximize efficiencies and invest wisely in improvements.
Download the Harvest Business Advisors e-book “10 Ways to Increase the Value of Your Business Before You Sell” for more suggestions. Feel free to connect with us for a consultation.
Harvest Business Advisors can also provide accurate business valuations for wholesale and distribution companies.
More Harvest Business Advisors videos can be found on the Video section of our website.
Clients choose Harvest Business Advisors for our accurate business valuations and our consistent ability to deliver a high price as part of a smooth exit transaction.
Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services. We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at firstname.lastname@example.org or 443.334.8000 to discuss selling your business, ordering a business valuation or buying a business.