WHO DRIVES YOUR BUSINESS?

happy-steering-wheel

Posted by Rick Krebs – Business Sales and Acquisitions

A common sentiment among the business owners I meet is “my business drives me”. What I mean by that is who or what is really in charge of your business? Are you in charge of your business or does your business drive you? This is particularly true for a business owner who started the business and now finds himself or herself in the driver’s seat of a runaway bus! They have created a monster, spending their days in crisis mode constantly moving from one crisis to another.
For a business to sell for top dollar it needs to run better in the owner’s absence than in their presence. I recently met a business owner who hadn’t had a vacation in 8 years. He wore that fact like a ‘badge of honor” on his chest, yet I felt sorry for him because his business was out of control.
If you feel this way as a business owner you are not alone. It is time to take charge of your business. It is time to let go of unimportant tasks and delegate. Now is the day to take control of your business and get your life back.

Rick J. Krebs is the co-founder of the Business Sales Group located in Heber City, Utah, serving all of Utah. He founded and spearheaded the successful growth and operation of Liberty Mortgage and United Mortgage. As a CPA, he worked in public accounting for 3 years in Nevada and Utah. Has a Master of Science Degree in Accounting and Bachelor of Science Degree in Accounting from Utah State University.

About Rick Krebs, CPA - Business Valuations, Mergers & Acquisitions

Rick Krebs - Mergers and Acquisitions Professional, Business Broker, CPA. Rick brings a unique blend of sales, entrepreneurial, and financial experience to Business Sales Group. He began his career as a CPA, working in Nevada and Utah where valuable financial experience was gained. He uses those skills every day. He graduated with a Master’s of Science Degree and Bachelor’s Degree from Utah State University. As a business owner he started Liberty Mortgage, a mortgage bank licensed in 23 states nationwide. He eventually sold the successful company to an investor from California. He has been in the M&A space helping people sell their businesses since July, 2010. During his first year as a business broker with BRC, he listed and sold more businesses than the entire office combined. As a sale-side and buy-side advisor for Mergers and Acquisitions transactions Rick's advisory, accounting, and management skills are invaluable when advising sellers as they maneuver the intricate details of the deal through closing. Rick is also a CNA (Certified Negotiation Expert) which helps him negotiate the most favorable terms for clients in a transaction. ​ Rick was quoted by FORBES as an expert sales-side advisor who helps Sellers avoid the pitfalls of selling a business.

Posted on September 22, 2016, in Company News and Announcements. Bookmark the permalink. Leave a comment.

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