Mergers & Acquisitions Advisory

A Neumann & Associates, LLC

October 27, 2015

Are you presenting your business correctly online?

By Achim Neumann

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When individuals approach us and want to know what the market value of their business is, we not only preform a comprehensive business valuation, we also consult them on how to add value to their business where they can.

One major area that many businesses lack in, especially brick and mortar establishments, is creating a meaningful web presence. From basic marketing aesthetics (like a decent logo), to leveraging an email list, there are many things that are not so difficult to implement but will drive sales, garner a positive customer experience and increase a business valuation.

Here are some tips on how to improve your business’ web presence to maximize its value.

Have a professional looking website

These days, you need a quality website if you are looking to communicate what your company stands for, even if you deliver services that could be provided without ever having a single byte of information on the Internet. When assessing companies to decide which one to go with, customers will Google your name and those of your competitors. What they see when your landing page pops up constitutes the critical first impression that they get of you. As a result of this, having a sharp logo, clean design, and compelling and effective copy will vault you in front of your peers that may have paid less attention to the finer points of web marketing.

Bonus tip: Make sure you claim your Business’ Google Maps/Business listing so you can fill out the complete profile, input your correct address, phone number, website, etc. This is extremely important. Also make sure to include that same information (exactly how it looks on Google) somewhere on the homepage of your website. This helps Google verify you are who you say you are.

Leverage a mailing list to build authority and trust in the eyes of buyers

In the not so distant past, business owners often only used direct mail to build a list of customers that they could keep updated based on field events, as well as offer new products that could solve problems as they arose in the world at large.

In the modern age, this engagement tool hasn’t changed … it has merely evolved into being logged and delivered via e-mail in addition to the postal service. Using this digital medium to deliver massive value in your area of expertise is a way to build not just an engaged customer base, but can also establish your brand as an authority in your niche. Both of these benefits are huge when you get a business valuation done, as a passionate e-mail list is priceless to an entrepreneur that wants to plug into a pre-constructed infrastructure and begin making money as quickly as possible.

Publish a blog that is updated consistently

Another way to establish authority in your market is to start a blog, and to update it on a regular basis. Not only will you be able to go into depth about how knowledgeable you are in your area of business, but you’ll also keep your site fresh in the eyes of Google, which is vitally important when you are competing against other local businesses in the area of hyper-local searches. You’ll also get a chance to pull in customers on the e-commerce side of your business via the methodical use of linked keywords, whose revenues will only add to the overall value of your enterprise. The boost that blogging gives to your overall performance can only help you when the time comes to put up your business for sale; as little as one post a month has the potential to make a difference, so be sure to block off an hour to sit down, put your thoughts to paper (well keyboard) and give it a try.

About A Neumann & Associates, LLC

A Neumann & Associates, LLC is a professional mergers & acquisitions and business brokerage firm having assisted business owners and buyers in the business valuation and business transfer process through its affiliations for the past 30 years. With an A+ Better Business Bureau rating, the company has senior trusted professionals with a deep knowledge based in multiple field offices along the East Coast and has performed hundreds of business valuations in its history. The firm’s competitive transaction fees are based on successfully completing transactions. For more information, please contact A Neumann & Associates at 732-872-6777 or info@neumannassociates.com

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“I'm an attorney. I have represented the buyers and sellers of businesses for 20+ years. Recently I had the pleasure of handling a transaction where Richard Wilder of A. Neumann & Associates was the broker for the seller. Mr. Wilder was of great service to his client. He is very knowledgeable and organized. Thanks to his guidance the transaction proceeded smoothly and closed on time. He is highly recommended.”

Nick Ferrante

“Richard, you came to my office a few years ago and were wonderful in explaining your process and procedures. Our company is probably an anomaly in that we sold the majority to two long time employees and I financed them both. Our company is entering its 45th year and is still thriving. The purpose of the note is to thank you very much for the service that you provide. Thank you again.”

John Foug, Seller

“We had a great experience working with Richard Wilder from Neumann and Associates as the sell-side broker for Blade Runners. He was knowledgeable, professional, and clearly had his client’s best interests at heart. Richard helped keep the process smooth for everyone, and thanks in part to his efforts, we found a fantastic owner to partner with. We'd gladly work with Richard and the Neumann and Associates team again.”

Justin Martin

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Isaac Palmer, Jr.

“If you are looking for a professional and informative company that meets your needs, A Neumann & Associates is the company to go with. Ted Kantor went above and beyond to make our experience as easy as possible. Ted was helpful from the start of our process to the end. He was there every step of the way to guide us and answer all of our questions. He handled all of the in-depth communication and followed up on every detail. We strongly recommend Ted Kantor to help you whether you're buying or selling. It was a great experience. We never imagined it would go as smooth as it did. The Laluna's (Andy, Maria & Tony Jr)”

Maria Laluna

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Laura Keith-Macario

“This spring we acquired a business that was represented by Richard Wilder at A Neumann & Associates. Small business acquisitions can be very emotional for the sellers and life-changing for the buyers, and Richard was keenly aware of this throughout the process. Although he was working for the sellers and not for us, he knew that most business owners see their business as their baby so the only way to have a happy outcome for his clients was to also have a happy outcome for the buyers. Knowing how nerve-wracking this process can be (think home buying x 10), he never dropped the ball on keeping everyone updated, anticipating potential snags, and guiding us along in the process. We highly recommend Richard.”

Shannon, Buyer

“My business was my baby for over 40 years. It is a tough and cruel world out there when it comes to selling your business. Neuman and Associates provided the professional guidance/protection to get the job done with care and no pressure. In my view a tremendous value. I would recommend them to anyone seeking to sell their business. Eric Storck, president of Blade Runners Inc.”

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Contact A Neumann & Associates, LLC

If you are considering selling your business, please contact us to learn more about our comprehensive service spectrum. Our experienced professionals will answer all your questions about selling a privately held business in complete confidentiality. Please fill out our contact form, or call us at 732-872-6777. We will contact you directly and will never identify ourselves to your employees.

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