Bringing Buyers and Sellers

NH Business Sales announces the sale of the Twin Mountain Country Store in Carroll (Twin Mountain) to William Bochynski by Leo and Joyce Charrette.

        During the six plus years that the Charrettes' owned the store, they made many improvements and upgrades, and developed a great rapport with their many customers; both local and tourists. Mr. Bochynski expects to continue these relationships.

            “This store is an important part of the area’s economy,” commented Leon Parker, president of N.H. Business Sales. “We are glad to see it continue under new ownership.”

         Bill moves to NH from Altadena, CA, where he owned a vending business, and where his wife, Elizabeth, is a school teacher. After much research, they decided they wanted a business in NH because of its pro-business climate, and the freedoms available here. 

        Bill and Elizabeth, when she joins him after the school year, look forward to continuing the success of the store and the service it provides.

        Stan Evans was the intermediary representing the sellers and worked closely with the buyers to bring this transaction to a closing.

            “Stan brings many years of experience to our team of brokers,” commented John Howe, vice president of the company. “We anticipate being involved in many more transactions in the months ahead as buyers return to the market as the economy improves.”

Picture shows Stan Evans and William Bochynski, the new owner, in front of the store.

Here is a review of some of the reasons to sell now, and an offer for a free test to check out how ready you are to sell.  It includes an offer to try the new sophisticated system we have subscribed to established by successful entrepreneur and author John Warrillow.

The following article is by John Howe & John Warrillow

It seems like we’re at a fork in the road: there are some positive signs that the economy is entering the earliest stages of a long term expansion, but at the same time, if we dare read the headlines, it seems we’re destined to repeat 2008.

It’s precisely because we’re at this inflection point that we see a lot of business owners thumbing the eject button. If you’ve been thinking of selling your business, here are seven reasons to get out now:

We often quote articles by Richard Parker of Diomo Corporation on this site because they are so useful and appropriate that we want to share them with our readers.  This is another one of those cases where his advice is spot on based on our experience.  All too often buyers (and sellers) lose perspective over the importance of issues that need to be settled and there is excessive stress injected into the negotiating process to keep the deal on track and alive.

Here is his article:.

Ken Schaefer, CBI, deputy director of Business Transition Strategies (BTS) has been named the “Intermediary of the Year for 2011” by New Hampshire Business Sales, a designation presented to the top performing associate. 

The announcement was made by the co-owners of NHBS, Leon Parker, president, and John Howe, vice president, who cited Schaefer for his tenacity in tough times and initiative in using innovative marketing techniques during this difficult economic climate.

“Ken earned this honor because he didn’t allow the economic uncertainty to get in the way of making good things happen for his clients,” commented Parker. “This is our core philosophy and mission, to serve our clients with effective transactions and good transitions.”

Schaefer is actively involved in professional organizations to advance his knowledge and to stay current with the newest trends in business transactions. He is a member of the International Business Brokers Association, M&A Source and Institute of Business Appraisers, and serves on the board of directors of the New England Business Brokers Association. 

During the past year, Schaefer completed the lengthy course work and successfully passed a comprehensive examination to earn designation as a Certified Business Intermediary. He has also served as a presenter in NHBS’s “Buying and Selling a Business” seminars, and has worked tirelessly to better serve his clients and customers.

Schaefer represents BTS throughout the state with an emphasis on the southern areas, as he lives in Manchester. He has worked with BTS on a variety of engagements this past year, including the sale of the state’s largest office furniture retailer and a child care operation covering Greater Manchester among other transactions. In addition, Schaefer, with the BTS team, has provided advisory services to business owners on company growth, succession, and exit planning.

Schaefer and the BTS team currently are marketing three manufacturing firms, with an additional manufacturer transacting this month and are working with three diverse companies guiding them towards an eventual transaction.

By John Howe, CEPA

As another year winds down, many business owners are asking themselves whether now is the right time to sell.

The past few years have been sobering for most of us, filled with uncertainty and lots of surprises as we scramble to reshape our businesses after the economic tsunami of the past few years.

Some owners are making plans to hang in there to recover profits lost during this period. But that leaves the “big question” unanswered with no real landmark as the deciding point.

Those who were thinking about it in 2008 may wish they’d sold then rather than hold on for “better times” that surely were  ahead.

An article in the New York Times on Dec. 21 does a good job of exploring this subject and offers several key reasons why for many owners, 2012 will be the time to sell.