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German business-chamber association DIHK says 73% of senior managers, “haven’t assembled the basic documents needed for a handover, such as power of attorney, supplier and client information, bank-access data or a will.” When the son took over the business they shed operations that were half of their sales and staff.
John Martinka, as one of Seattle’s most successful, knowledgeable, & experienced buyer’s brokers, and I, as the President of IBA, the Pacific Northwest’s oldest business brokerage firm, have collaboratively completed a significant number of transactions involving the purchase & sale of privately held companies, including one already in 2017.
The Power of Unity Firms need real-time insights into the entire business – finance, project accounting, sales, everything – otherwise multiple versions of the truth will start showing up in budgets, estimates, and forecasts. Are project operations, sales, customer service, etc. directly integrated with core financials?
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