News

The fall issue of Owner's Equity is available now! It is the newsletter for individuals building personal wealth through private enterpirse. Read it online or click here to request your free subscription.

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We currently are actively working on four acquisition Projects.

Project one is a search for a business-to-business company in distribution and/or manufacturing with sales between $4,000,000 and $10,000,000. Midwest location preferred, but not required. Profitable, marginally profitable and breakeven considered.

Project two is a search for a business-to-business company in distribution and/or manufacturing with sales between $1,000,000 and $3,000,000. Midwest location preferred, but not required. Profitable or marginally profitable considered.

Project three is a search for a internet based business with sales between $500,000 and $1,000,000. From profitable to unprofitable with a minimum of a one year history.

Project four is a search for a turnaround opportunity. Business-to-business preferred, but not required. Sales between $1,000,000 and $10,000,000. Midwest or Southwest preferred.

If you have a business that fits the any of the above criteria or know of someone that does and may be interested in selling, please email mikew@mgwolff.com. It may save you or someone else a great deal of money on transaction costs.

Events

October 7 – 8,  2008
AmCon Minneapolis Contract Mfg. Expo.  AmCon exhibitors are all job shops and contract manufacturers that provide custom metal, plastic, rubber, or electronic parts and related manufacturing services to OEMs (i.e. finishing, packaging, manufacturing software). Attendees are purchasing, engineering, quality, and production managers who are directly involved in buying custom contract manufacturing services.

October 7th, 2008
Selling to Government Agencies Conference.  This one day conference will give small businesses the information and connections they need to be a valuable vendor to government agencies. Representatives from all levels of government will dispel myths, detail the RFP process, emphasize best practices and talk about what makes their best vendors stand out from the crowd. The event is designed to create a high level of networking and built in mentorship, so business owners go away with the relationships and details they need to be ideal vendors.
 
October 28th, 2008
Integrity Awards.  Join 300 area business leaders in a celebration of ethics in business at this year’s Better Business Bureau Integrity Awards. Mike Veeck will be this year’s keynote speaker and emcee. Mike is the co-owner and president of the St Paul Saints.

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If you are thinking of selling your business, there is a great, pressure free opportunity for you to learn about the process.  Best of all, it is not a pitch to list your business – it is continuing education for business brokers.

For only $105 you can attend How to Price, Market, and Sell a Small Business and learn what business brokers learn through professional continuing education.  It is an opportunity to get an insiders perspective on selling a business, providing you with invaluable insight when it comes to selling your own.

The class is offered by ProSource Educational Services - a Kaplan Professional Company known across the United States for delivering professional continuing education to real estate, insurance and financial professionals.

To learn more, call ProSource at (651) 646-0001 or visit their website at www.prosource.com.  Look for How to Price, Market and Sell a Small Business under Real Estate continuing education.