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Today we’re going to focus on who may be interested in buying your bank.
It sounds elementary, but the more people you have at the top of any sales funnel, the greater likelihood of a sale in the end. More than one potential buyer goes a long way in your efforts to getting a good price.
From my...
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Generally, there are 3 possible ways to go to market with your bank:
- The “one-buyer” approach
- The “one-bid” approach
- The “strategic” approach
Today, I am going to walk you through each of the approaches.
The approach you choose matters and your board will need to be on the same page as y...
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Today, I am going to show you 2 of the smartest ways to address the needs of your:
- Shareholders
- Board of directors
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As you move into the thought of selling, your mind will be racing. After all, this is new ground to plow, and you will have this weighing on you in addition to the demands ...
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I believe it is human nature for any business owner – it doesn’t have to be a bank owner – to think, “Okay, here’s what we have, what will you give me for it?”
Or, simply put, here’s what I have, what do I get?
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There’s a natural tendency to flip a switch in your mind that you no longer have ...
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Today, I am going to show you why you should ignore price-to-book multiples.
Multiples lull you into believing the story of your bank is being written by fate. The story sounds something like this, “As soon as multiples get back up, we’ll take a look at selling.” Or “We aren’t going to sell for ...
