GPS Blog

Many business owners think selling their business is like finishing a long journey: once you reach the destination, it’s time to relax. In reality, buyers often expect you to stay involved for a transition period—anywhere from six months to five years—during which you’ll continue working alongside them to help them fully realize the value of… Read more »

Many business owners focus on growing profits or hitting sales targets. But have you ever considered making it your main goal to set up your business so it can thrive and grow without you? A business that doesn’t rely on its owner is the ultimate asset. It gives you complete control over your time, allowing… Read more »

Post-Traumatic Stress Disorder (PTSD) is a mental health condition that arises after experiencing a deeply distressing event. While it may not be as extreme as surviving a war zone, the events of 2020 may leave you with similar emotional responses. For many business owners, the year started off as expected—until everything suddenly changed. Out of… Read more »

Picture a magic slot machine. Each time you pull the arm, you make back a multiple of whatever you wagered. How much time would you devote to cranking that arm? When it comes to the value of your business, you can make many bets, but only one has a virtually guaranteed return. Most companies are… Read more »

In the competitive world of third-party logistics (3PL), one company achieved remarkable growth, reaching $14 million in sales before being acquired. The driving force behind this success was its commitment to three core values: “Yes, And,” “Explore More,” and “Give a Sh!t.” These principles were woven into every aspect of the business, from hiring to… Read more »

Introduction Selling a business is one of the most significant events in an entrepreneur’s career, especially in today’s competitive market. The negotiation phase is pivotal; it directly impacts the value you receive and the terms of the sale. This eBook is designed to equip you with essential tools, techniques, and strategies to negotiate effectively and… Read more »

In the world of business, growth is often treated as the ultimate measure of success. Entrepreneurs frequently evaluate their achievements based on the number of employees they’ve hired, or the rapid expansion of their revenues. Many founders dream of seeing their companies on lists that highlight their top-line growth, believing that a constant upward trajectory… Read more »

Selling your business can be one of the biggest financial decisions you’ll ever make. Every deal is unique, and getting the best price requires careful consideration of several key factors. Here’s a friendly guide to help you understand how to negotiate the highest selling price for your business. Understand Your Industry Different industries have different… Read more »

When it comes to selling a business, many owners instinctively think they need a local business broker. While there are benefits to working with someone in your immediate area, it’s important to consider a variety of factors that can influence the best approach for your sale. In this post, we’ll explore the pros and cons… Read more »

So, you’ve decided it’s time to sell your business. Congratulations! It’s a big step, and one of the most crucial decisions you’ll face is how to find the right buyer. Whether you’re thinking locally or nationally, here are some tips to help you navigate this process. Define Your Buyer Profile First off, think about who… Read more »