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Legacy Entrepreneurs Nashville TN Business Brokers
  • About
  • Services
    • Selling A Business
    • Business Valuations
    • Buying A Business
      • Businesses For Sale
    • Hire a GM
  • Industries
    • Main Street Business
    • Restaurants
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  • Resources
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    • Resource Library
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The Golden Number vs. Business Value: What Every Small Business Owner Needs to Understand

The Golden Number vs. Business Value: What Every Small Business Owner Needs to Understand

by Joseph Steigman | Jun 9, 2025 | Articles, Sell Your Business

If you’re a small business owner nearing retirement, you’ve probably heard the term “Golden Number.” It’s the amount of money you need to retire comfortably—and it’s different for everyone. It depends on your lifestyle goals, your expected expenses, and how long you...
Why Buyers and Sellers Don’t Agree on Business Valuation — And What to Do About It

Why Buyers and Sellers Don’t Agree on Business Valuation — And What to Do About It

by Joseph Steigman | May 29, 2025 | Articles, Sell Your Business

https://legacy-eta.com/wp-content/uploads/2025/06/video-business-is-not-what-you-think.mp4 Many business owners are surprised — or even offended — when they receive a valuation that’s significantly lower than what they expected. You might be running a business that...
You Think Your Business Is Worth $2M — But It Might Only Be Worth $1.4M

You Think Your Business Is Worth $2M — But It Might Only Be Worth $1.4M

by Joseph Steigman | May 26, 2025 | Articles, Sell Your Business

Many business owners are shocked when they hear the real value of their company — especially when they’re generating millions in revenue. Here’s the common situation: Revenue: $3,000,000 EBITDA (Profit): $700,000 Owner is still GM and head of sales. You might expect a...
Top 5 Ways a General Manager Transforms Your Life

Top 5 Ways a General Manager Transforms Your Life

by Joseph Steigman | May 12, 2025 | Articles, Hire a GM

Small businesses need general managers to professionalize and operationalize their business. For many small business owners, the idea of hiring a General Manager feels like a luxury. But in reality, a GM is often the most strategic and profitable hire you can make....
Manufacturing Success: What to Look for in a General Manager

Manufacturing Success: What to Look for in a General Manager

by Joseph Steigman | May 5, 2025 | Articles, Hire a GM

Hiring a manufacturing general manager is great exit strategy for owners not ready to sell their business yet. If you’re a manufacturing business owner thinking about stepping back, a strong General Manager could be your most important hire. Whether you’re...
How Small Business Owners In Tennessee Can Prepare for New Tariffs

How Small Business Owners In Tennessee Can Prepare for New Tariffs

by Joseph Steigman | Apr 14, 2025 | Articles

And Why It’s a Wake-Up Call to Think Long-Term With new tariffs back in the headlines, small business owners—especially those who import products or rely on global supply chains—need to pay attention. Tariffs don’t just hit importers. They ripple across entire...
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