MiMfg Magazine
PREMIUM
ASSOCIATE
8
February 2020
Member
Spotlight
Mike Vaughn
Owner
MWV Consulting an Affiliate
of Empire Business Brokers
Member since December 2019 • Learn more at mwvebb.com
There are two words that can
give even the most ingenious
entrepreneur pause. What’s next?
With a new decade ahead and
the ever-present potential for an
economic downturn, your company’s
future may have questions. Are
you looking to grow? Will there
be new investment opportunities?
Is it time to consider selling the
business or prepare for new
leadership? MWV Consulting is
an affiliate of Empire Business
Brokers, recognized as one of the
world’s leading business brokerage
firms, and employs a team of
professionals dedicated to helping
manufacturers move forward.
“We want to take the journey
with you toward whatever your
company’s next chapter is,” said
Mike Vaughn, owner of the
White Lake-based franchise. “We
help business owners analyze
their business to determine whether
they can get the value they expect
and, if not, grow their business so
they can through business coaching
and succession planning.”
For many manufacturers, the
valuation process can be difficult.
Even today, a high percentage
of businesses are first or second-
generation, so those in leadership
roles have been there from the
beginning.
“It’s an emotional process to
ask someone to put a price tag on
something they built from scratch.
You’ve put blood, sweat and tears
into it. The people there are often
family and friends — more than
just names on a paycheck — and
it all holds years or decades worth
of memories,” Vaughn explained.
If I Weren’t
Doing This
I’d be in sports
broadcasting.
The Best Advice I Ever Got.
Embrace change with an open
mind. Usually when one door
closes, another opens.
The experts on Vaughn’s
team know the difficulty behind
saying goodbye to something
that represents so much of who
you are but they also bring an
outside perspective and an under-
standing of the market. They’ll
determine what you can realisti-
cally expect if you chose to sell
now or months down the line.
And, if you’re unhappy with the
anticipated return, there’s more
they can do to help.
“Just because you are thinking
of selling doesn’t mean you should
stop growing,” said Vaughn. “Our
team members are consultants first
and, whether it is increasing
efficiency or maximizing productivity,
we can help you plan and execute
the strategies that will lead to an
increased value of your business.”
Even if selling isn’t on the
horizon, Vaughn and his team
have something to offer.
“We have industry-leading
knowledge of business financial
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planning, leadership coaching,
marketing and more,” Vaughn
offered. “If you’re ready to sell,
great! If you’re ready to grow more,
even better! We are in the business
of turning business challenges into
business opportunities whether
they be in getting enough customers,
closing enough customers or
generating more revenue and profit.”
Choosing what’s next could
be the hardest decision of your
life but it’s a decision that you will
have to make. An honest and
objective assessment from trusted
professionals like Vaughn will
add a level of certainty that your
eventual decision was the right one.
“The industry is full of
uncertainty but, the one thing
you should know is, you don’t
have to be tied to where you are
today,” said Vaughn. “We want
to make sure you get the best
possible return and that you can
leave the business you’ve built in
good hands.”
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