Take These Steps Before Buying a Business
If you’re buying a business, you might be feeling overwhelmed about all the details that are involved, especially if it’s your first business....
Chad Morissette, Founder and Managing Director of Mor-Liquidity Mergers & Acquisitions, Inc. is delighted to announce that veteran Ottawa Marketing Firm CEO Steve Klein has joined Mor-Liquidity as a Senior Associate, effective immediately.
“Steve adds significantly to our capabilities and ability to deliver outstanding service to our owner-managed clients,” said Morissette. “There are a lot of owners of mid-sized companies looking for a savvy coach and a proven process to sell their shares and exit their businesses. With our newly expanded team of 10 professionals, Mor-Liquidity is now in an ideal position to help owners find the perfect buyer and maximize the after-tax proceeds from the sale,” he added.
Steve brings more than three decades of experience to Mor-Liquidity, especially in starting, growing and selling companies. He has started, grown and sold two of his own: Packaging Connections and Marketing Breakthroughs.
While CEO of Marketing Breakthroughs, he coached well over 100 owner-managed clients, including some of Ottawa’s best known family-owned businesses. He is well known throughout the City for his highly creative, multi-channel radio, TV, digital and direct mail advertising campaigns on behalf of Holmes Heating (2004 – 2013), Greely Sand & Gravel (2011 – 2019) and Preston Hardware (2007 – 2019).
During his executive career prior to 1990, Steve served as Chief Corporate Planning and Development Officer for Lawson & Jones, Lawson Mardon Group, Molson’s Ontario Breweries and Innopac. While at Lawson & Jones, he was one of five executives who engineered the $559 million leveraged buyouts of Lawson and its parent Mardon Packaging International. Within six months after the buyout, Steve sold 10 of Lawson’s non-core companies and divisions, including NER Data, Boyertown Packaging, Mardon Packaging US and Michigan Litho, for nearly $100 million.
He holds B.Comm. and MBA degrees from Queen’s University.
If you’re buying a business, you might be feeling overwhelmed about all the details that are involved, especially if it’s your first business....
By spotting your company’s weaknesses you can take steps to remedy them and improve operations, however, this is only the beginning of the...
As an entrepreneur and business owner, your partnership agreement stands as one of the most important business documents you will sign. Business structures...
When the time comes to sell a business, any business, confidentiality must be placed at the top of the list. One of the...
Business owners are usually too busy running their business to deal with the fact that retirement will arrive one day. Ultimately, every business...
The old saying that “timing is everything,” usually applies to selling one’s business. Ultimately, every business owner will have to exit their business,...
Your employees are the heart and soul of your business. Therefore, if you want a thriving business, you need to put their satisfaction...
Obviously, serious buyers want to carefully look at the financials of a company under consideration and all of the other major aspects of...
Experts recommend considering adding an advisory council to your business. This informal board would provide strategic advice on business management related issues. An...
Your brand is a customer’s perception about your business. It determines how they feel about the services and product that you offer. A...