20 Predictions for the Next Decade (Part 1)

Transcript

Welcome to not only a new year but a new decade! It is the right time to start to see what the long-term future will bring. Andrew and Jessica are bringing their 20 predictions for the next decade, which include some solid information on how business brokerage and the way to sell a business will be affected, especially regarding the impact on small businesses. Enjoy this episode and get prepared for what this upcoming decade is preparing for entrepreneurs.

Listing of the week: Mike Hall (Raleigh). Private school transportation company in North Carolina, great reputation in the community and amazing business connections. Listed for $6 million. SDE $2.8 million. Email Mike at [email protected] or call 919-424-1927.

Key Takeaways

[2:03] Prediction N° 1: Business brokerage will not be dead.
[4:17] Prediction N° 2: There will be a national market place to sell and buy businesses.
[7:41] Prediction N° 3: Co-brokerage will not be a debate.
[11:27] Prediction N° 4: Seller financing will be insignificant.
[15:10] Prediction N° 5: Websites will be extinct.
[17:44] Prediction N°6: Strategic buyers will dominate the market place.
[20:13] Prediction N° 7: Solo entrepreneurs will be plentiful.
[22:38] Prediction N° 8: Retail will not be dead.
[25:33] Prediction N° 9: Face-to-face meetings will be virtual.
[28:13] Prediction N° 10: Driving will be a hobby.
[30:54] Stay tuned for the following 10 predictions.
[31:38] Deal of the week: Eric Siecker (Peterborough) Signarama in Australia bought in the UK. Rapidly growing business with good recurring revenue. Great books and records. Tough but fair buyer. Revenue $580,000. SDE $130,000. Sold for $300,000.
[36:30] Listing of the week: Mike Hall (Raleigh). Private school transportation company in North Carolina, great reputation in the community and amazing business connections. Listed for $6 million. SDE $2.8 million.

Mentioned in This Episode

• The Deal Board Podcast
• United Franchise Group
• Transworld Business Advisors
• Transworld on Linkedin
• Transworld on Facebook
• Call us
• Email us
• Call Eric Siecker
• Email Eric Siecker
• Call Mike Hall
• Email Mike Hall