End of Summer
If Labor Day is the (unofficial) end of summer, so I guess summer is coming to an end.
Some schools have started; others will soon. In person or virtual classes will each have their challenges for both students and parents. Likewise, the work environment for a lot of us has changed – working from our home offices, social distancing, masks, fewer in-person meetings, lots of things.
Adapting to required changes in most aspects of our lives both personal and business will continue. For the most part we accept the changes and carry on. Hopefully, we will be able to improve the things we can and accept and deal with the things we cannot. As for managing our businesses, now more than ever we should be questioning where we are and where we are going. If things are good, ask why and focus on how to continue. If we have struggles, analyze, and look at alternatives.
One of the things I do know is that businesses are selling. How do I know? Because I do Business and Machinery & Equipment Appraisals, and most are for banks that are financing acquisitions. The contrary is that a few M&E Appraisals is to determine collateral vale are for lenders with borrowers that are struggling.
If you would like to discuss the value of a Business for whatever reason, or if you would be willing to discuss the POSSIBLE sale of your business, please contact us. There is no obligation, just an opportunity. We look forward to hearing from you.
Morgan Vaive, Vice President
Morgan.vaive@zoellnergarten.com
859-957-9657
John W. Zoellner, President
513-382-3797
About the Business
