The Benefits of Buying an Existing Medical Billing Company As healthcare spending in the U.S. continues to rise, medical billing companies are poised for significant growth. With health insurance reimbursement policies becoming more complex, the demand for billing services is…
When planning to sell your electrical contracting business, proper preparation is essential. Organize financials, ensure confidentiality, and remove personal assets early. To ensure a smooth transaction and maximize the value of your business, it’s important to focus on pre-due diligence…
When it comes to selling your electrical contracting business, preparation is key. Whether you are thinking about exiting soon or planning for a future transition, getting your business in top shape can make all the difference in securing a successful…
I want to sell my HVAC business John came to us with a simple yet heavy question, “Brian, I want to sell my HVAC business. But I don’t want the world to know about it.” That was his biggest concern.…
Empowering Business Owners Through Knowledge and Core Values At Legacy Venture Group, our core values define how we serve business owners and guide them through one of the most significant decisions of their lives—selling their business. Among the values we…
When selling a construction company—whether it’s an HVAC, plumbing, roofing, or electrical contracting company—being prepared for the due diligence process is key to ensuring a successful and smooth transaction. Due diligence is when the buyer examines the business from top…
Memory updated Recruiting and Retaining Millennial Employees in HVAC, Plumbing, and Construction Companies Recruiting and retaining millennial employees is one of the most pressing challenges for business owners today, especially in industries like HVAC, plumbing, electrical contracting, and roofing. As…
Selling a business is rarely as straightforward or fast as business owners would like. Unless you’ve sold a business before, unforeseen obstacles are almost certain to arise. Even if you have prior experience selling a business, you will likely face…
The sale of Your HVAC Business When contemplating the sale of your HVAC business, engaging an Business Broker familiar with HVAC can be invaluable. They can provide insights and guide you through the complexities of the selling process, ensuring you…
Why Normalization Matters Normalization, sometimes referred to as recasting, involves adjusting your financial statements to reflect the true earning potential of your business. This process is crucial for Business Valuation because: 1. Presenting a Realistic Earnings Picture: By normalizing, you…
2023 was another outstanding year for business owners who sought to sell a business in Florida 2023 was another outstanding year for business owners who sought to sell a business in Florida, despite rising interest rates, which did little to…
As you consider transitioning your business? Whether through a sale, passing it down to family, or structuring an Employee Stock Ownership Plan (ESOP) for employees—begin with clarity. Having a clear understanding of your company’s real value. Many business owners, perhaps…