Posts Tagged "COVID-19 business stratgies"
Company Sales Rebounding Despite COVID-19
By: Patrick Ungashick
The COVID-19 pandemic brought many aspects of US society and business activity to a halt in March of this year, including sales of small to mid-market companies. Yet already there are signs that mergers and acquisitions activity (M&A) is rebounding for small to mid-market companies, an encouraging development for business owners who seek to exit from their companies by way of sale to an outside buyer. The emerging increases in company sales come after deal value in the US fell by 20 percent in the first half of 2020 to according to PitchBook Data. Deal value declined by one-third in the second quarter alone.
Buyers and sellers are coming back into the market, after pumping the breaks when the pandemic first hit. First, many companies have been largely unaffected by the pandemic. Other companies have adjusted their operations and are returning to profitable growth despite the ongoing public health challenges. Additionally, the upcoming US elections have spurred many business owners to resume exit planning out of fear of tax increases in the future.
Overall, the volume of sales of small to mid-market companies remains below pre-pandemic levels. However, signs point to the need for business owners to be ready to sell as the “window” reopens. In response, we recently published a new whitepaper, “Top 10 Signs You are Not Ready to Sell Your Company,” to assist business owners during these uncertain and changing times. Download a free copy to review if you and your company are ready to sell, or what it takes to get you prepared.
Contact Tim 772-221-4499, to discuss strategies for your business.
SPECIAL ALERT: Updated C.A.R.E.S Act Executive Summary with New PPP Information
By: Patrick Ungashick
To help our clients and other business owners and leaders respond to the unprecedented leadership disruptions caused by the coronavirus (COVID-19) outbreak, the team at NAVIX offers the following crisis management information series.
Responding to Coronavirus: Updated C.A.R.E.S. Act Executive Summary with new PPP information
Our 11-point Executive Summary of the C.A.R.E.S Act has been updated, to reflect important changes just announced by the Treasury Department and Small Business Administration. Many of these changes deal with the Paycheck Protection Program (PPP) forgivable loan opportunity. Click below to download this important updated resource.
Download Summary
SPECIAL ALERT: $2 Trillion C.A.R.E.S Act Executive Summary
By: Patrick Ungashick
To help our clients and other business owners and leaders respond to the unprecedented leadership disruptions caused by the coronavirus (COVID-19) outbreak, the team at NAVIX offers the following crisis management information series.
Responding to Coronavirus: C.A.R.E.S. Act Executive Summary
The U.S. federal government today authorized a $2 trillion stimulus package, the largest emergency aid package in U.S. history. It was enacted in response to the social, economic, and health crises created by the coronavirus (COVID-19) pandemic.
The legislation contains hundreds of provisions impacting consumers, specific industries, and U.S. employers of all sizes. This executive summary highlights 11 of the stimulus elements, tax provisions, and business benefits that are most likely to be relevant for our clients and related parties.
Click here for a free PDF of the report.
The NAVIX team has helped hundreds of business owners prepare for exit. We have also helped countless owners and leaders deal with recessions, liquidity crises, and economic upheaval. Our experience and perspective enable us to guide our clients through difficult times, such as these.
Contact Tim 772-221-4499, to discuss strategies for your business.
Tim Kinane
Tim is a Consultant to Business, Government and Not-for-Profits Organizations specializing in innovative and challenging ways for organizations to survive, to thrive and to build their teams.
