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At Great Lakes Business Advisors, we’re not just business brokers; we’re your dedicated partners in the world of business sales and acquisitions. With a wealth of hands-on experience in owning businesses, corporate leadership, and expertise in marketing, sales, and operations, we offer more than traditional brokers.

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TRUE NORTH BUSINESS BROKERS
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    • Business Valuation
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business valuation

TRUE NORTH BUSINESS BROKERS > Blog > business valuation

The Impact of Labor Shortages on Plumbing Business Sales

  • December 30, 2024
Labor shortages are rewriting the rules of the plumbing industry. If you think it’s just about scrambling to fill positions, think again. The ripple effects go much deeper, reshaping...
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The Importance of Customer Diversification in Business Sales

  • December 27, 2024
A business’s attractiveness to buyers doesn’t just hinge on revenue or profitability; it’s also about stability and resilience. One of the most powerful indicators of these traits is customer...
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The Benefits of Working with a Specialized Plumbing Business Broker

  • November 29, 2024
Imagine you’re about to sell your plumbing business—a company you’ve poured sweat, grit, and years into building. You’re ready to cash in on your hard work, but here’s the...
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Understanding EBITDA: How It Affects Your Plumbing Business Valuation

  • October 22, 2024
Ever wondered why some plumbing businesses sell for millions while others barely make the cut? The secret often lies in a six-letter acronym that gets tossed around by investors...
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5 Key Financial Metrics to Track Before Selling Your Plumbing Business

  • August 2, 2024
When selling your plumbing business, understanding and optimizing certain financial metrics can significantly boost its value and appeal to potential buyers. Let’s dive into the five key financial metrics...
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Optimizing Your Service Mix: How Diverse Services Can Increase Sale Price

  • July 26, 2024
When preparing to sell your plumbing business, one crucial strategy to increase its value is optimizing your service mix. Offering a diverse range of services can make your business...
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Creating a Bidding War: The Secret Sauce to Selling Your Plumbing Business

  • July 19, 2024
Are you a plumbing business owner looking to sell your company for top dollar? Want to know the secret sauce to creating a bidding war and maximizing your sale...
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Avoiding Pitfalls: Common Mistakes to Avoid When Selling Your Business

  • May 3, 2024
Selling a business can be a complex and daunting process, filled with potential pitfalls that can derail even the most carefully laid plans. In this article, we’ll explore the...
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Behind the Scenes: What Buyers Look for When Evaluating a Business

  • April 9, 2024
In today’s competitive business landscape, selling a business requires more than just listing it on the market. Potential buyers conduct thorough evaluations to assess the value and potential of...
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