by Carol Frank | Mar 8, 2022 | Business Advice, The Pet Industry
2021 was a record year for M&A, which I’m sure no one would have predicted at the start of the pandemic. Driving this activity was low interest rates, a huge amount of capital that needed to be deployed by investors, and incredibly robust tailwinds for the pet...
by Carol Frank | Jul 21, 2021 | Business Advice, Exit Planning, The Pet Industry
“We are having our best year ever.” “We can’t keep enough product in stock to satisfy demand.” “We just had another record month.” These are among the many quotes I hear from pet companies across all spectrums of our industry. While COVID has wreaked havoc...
by Carol Frank | Apr 10, 2021 | Business Advice, The Pet Industry
One of the most common questions that I get as an M&A specialist in the pet industry is “How can I find capital to grow my business?” Growing a pet products company takes access to cash as you build your inventory and accounts receivable. Ironically, the faster...
by Carol Frank | Oct 21, 2020 | Business Advice, Exit Planning, The Pet Industry
Why this may be the best time to sell your company! In this very strange time we are all in, I have made a point to look for silver linings from this pandemic–even when many people are without jobs, are immersed in the CARES Act details and may have more time...
by Carol Frank | Apr 3, 2020 | Business Advice, Exit Planning
The Top Five Things you can do NOW to increase the value of your business. We are fortunate to make our living in an “essential” industry and I truly believe that our businesses will not only survive this crisis, but thrive on the back end because people have...
by Carol Frank | Mar 7, 2020 | Business Advice, Exit Planning
Recently I had the pleasure of speaking about pet industry M&A in front of a 100 or so of my pet industry colleagues at the 2020 Pet Summit in San Diego. While we covered a great deal of ground during my one-hour presentation, one of the main focuses was on...