How long should you wait after exiting to start a new business?
After selling your business, you might be raring to start another one. But how long should you wait, and when will you know? I sold my social media agency for 7 figures in 2021 and wasn’t sure what to...
View ArticleWhat is SDE? We explain seller’s discretionary income, plus why it matters...
Starting as a teen, Bryan Clayton built his Nashville lawn-mowing operation into a 150-person landscaping business with $7 million in annual revenue. But when he wanted to sell Peach Tree Landscapes,...
View Article12 books that will help you prepare to sell your company
Building a great business is one skill — and learning how to sell it is another. Even if you plan to work with an M&A advisor, M&A lawyer and other support professionals, you should do your...
View ArticleStrategies for minimizing taxes when you sell your business
Request a Call with Brighton Jones What can you do to reduce your tax burden when you sell your business? We hear this question often from founders looking to sell, so we talked with Matt Camrud, a...
View ArticleA glossary of acquisition terms, from acquihire to strategic buyer
You might feel like you should already know the lingo of business acquisitions. But you’ve been heads-down building a great company! Cut yourself some slack. Here are acronyms, jargon and specialized...
View ArticleM&A lawyer shares mistakes to avoid when you sell your business
When you sell your business, you want a lawyer who can advocate for you. I know this first-hand because — and this is Lexi, founder of They Got Acquired speaking — I needed an advocate when I sold my...
View ArticleHow to clean up your books before selling your business
Negotiations on my business sale were several weeks along when my buyer started to ask disturbing questions. They’d compared my business account’s net income figures with the monthly profit-and-loss...
View ArticleWhat happens when a company sells for less money than it raised in funding?...
Founders often dream of selling their startups for a hefty profit. But sometimes founders who have already gone through at least one round of funding find themselves facing a pivotal challenge. Maybe...
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22 founders share, in their own words, how they sold their business
Blog posts written by founders who have sold their company are rare and not easy to find; you usually have to stumble upon them online to benefit from the insight. Yet first-person accounts can be...
View ArticleShould you consider seller financing when you sell your business? We explain...
Matthew Passy faced an unexpected twist with an offer to buy his agency, The Podcast Consultant: The buyer wanted him to lend 15% of the purchase price. This setup is known variously as owner...
View ArticleTips for selling a business that runs on contractors (no employees)
Many business owners, especially those of us who run lean, online businesses, rely on teams of contractors rather than employees because it allows for the flexibility and cost savings we want or need....
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Why our founder moved to an online bank, plus the pros and cons of the one...
Create a Relay account for free Here’s a personal story from Lexi, the founder of They Got Acquired. A few months ago, I wanted to open a new bank account. My old-school bank said I had to do that in...
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