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Posted By RCI,
Tuesday, December 3, 2019
Updated: Monday, April 27, 2020
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Looking to buy or sell used confectionery equipment, post a confectionery job or purchase or sell a confectionery business? Start by adding the Classified Ads page on the Retail Confectioners International website to your website browser favorites as a quick reference.
The Classified Ads page is consistently one of the most viewed pages on RCI’s website. Both RCI members and non-members are invited to post an ad, in any of the following categories:
- For Sale
- Wanted
- Job Postings
Updates are made to the page on a regular basis and you’ll find a variety of used equipment and supplies available for purchase at any given time.
So, what are you waiting for? Take a moment to visit the Classified Ads page and add it to your web browser’s favorites. Then, when you have equipment to buy or sell or a job to post, be sure to post it with RCI.
Crave more? If you like what you read here, look for the "Subscribe now" box on the right to enter your email address and start receiving weekly tips, like this, delivered straight to your email inbox. RCI's Tip of the Week blog is just one of the many resources we offer to help candy makers refine their craft and build upon their business and marketing practices.
Tags:
Classifieds
For Sale
Job Postings
Selling a Business
Used Equipment
Wanted
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Posted By RCI,
Tuesday, July 31, 2018
Updated: Monday, April 27, 2020
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Looking to buy or sell used confectionery equipment, post a confectionery job or purchase or sell a confectionery business? Start by adding the Classified Ads page on the Retail Confectioners International website to your website browser favorites as a quick reference.
The Classified Ads page is consistently one of the most viewed pages on RCI’s website. Both RCI members and non-members are invited to post an ad, in any of the following categories:
- For Sale
- Wanted
- Job Postings
Updates are made to the page on a regular basis and you’ll find a variety of used equipment and supplies available for purchase at any given time.
So, what are you waiting for? Take a moment to visit the Classified Ads page and add it to your web browser’s favorites. Then, when you have equipment to buy or sell or a job to post, be sure to post it with RCI.
Tags:
Classifieds
For Sale
Job Postings
Selling a Business
Used Equipment
Wanted
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Posted By RCI,
Tuesday, May 24, 2016
Updated: Wednesday, April 29, 2020
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Successful business acquisitions for both parties are often the result of strategic planning and preparations made many years before the business goes up for sale. Financial advisers will recommend the planning process starts at least two to five years prior to listing the business for sale, with the intent to make your business appealing to potential acquirers.
In this excerpt from Building and Selling a Successful Business, an education session lead by Andy Charles and Erin Collins of Haven’s Candies during RCI’s 2015 Fall Regional Conference, Charles outlined the following four areas to evaluate when molding a successful business in preparation for acquisition.
- FinancesThe financial picture of a business being groomed for future succession will look much different than a business that is operating to sustain itself and grow. It is important to position your business in a way that you are able to offer the best possible financial picture to future potential buyers.
- Staffing
A self-sustaining operation is more appealing to potential buyers. Begin training and nurturing your staff to operate the business, whether you are there or not – which, by the way, allows you to take a vacation now and then too.
- Facilities & Equipment
A business that has been in operation for any length of time is likely to have less than ideal facilities or outdated equipment, which may have been tolerated through the years because the business was focused on other areas. This doesn’t mean you should build a new manufacturing facility or replace all of your equipment, but consider how these elements of the business will appear to an outsider. Then evaluate what is worth the investment to update and what’s not.
- Customers and suppliers
When preparing your business for an acquisition, assess what opportunities and risks exist? What impact does a transition in ownership, both negative or positive, have on those relationships and how will you manage that?
Time and preparation offers the opportunity to position your business in a way that allows for the highest return, as well as the ability to focus on what’s important to you. For Charles, it was crucial to find a successor who would be a good steward of the business, take care of the employees and customers and play an active role in the community. Thanks to the due diligence performed years before the acquisition, Charles was able to find the right fit for his business and complete a successful transition between himself and Collins as the owner-operator of Haven’s Candies.
RCI members: Click here to login and view the complete presentation from Charles on topic of succession planning, as well as Collins’ take on the acquisition and transition process on our website.
Tags:
Owning a Business
Selling a Business
Succession Planning
Video
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