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...
by Carol Frank | Oct 17, 2019 | Business Advice, The Pet Industry
An interview with Starmark Pet Product’s Keith Benson In my daily interactions with pet company CEO’s and owners, I often hear them remark about their desire to make more of their products in the U.S., but then follow that on with the difficulties and challenges of...
by Carol Frank | Jun 24, 2019 | 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 Erin Fenstermaker | Apr 24, 2019 | Business Advice
Did you know that there is a 50% probability that a pet business owner will be impacted by one of the dreaded “D’s” sometime during the time they own their business: Death, Disability, Divorce, Disagreement or Distress? As you can see from this list of “D’s”, these...
by Erin Fenstermaker | Mar 24, 2019 | Business Advice, Exit Planning
Do you plan on selling your pet company someday? If so, what kind of planning are you doing NOW to ensure the best outcome when it is time to sell or find a majority investor? If you are like most business owners, the answer is unfortunately, “none.” The lack of...
