About Your Legacy Partners
Nick Arellano started his company, Your Legacy Partners, with a client-centered approach. His vision is to help you realize the full value of the business you’ve created and ultimately reach your goals. As true partners in this process , Nick and his team see themselves as sitting on the same side of the table, instead of across, to truly understand their clients and their businesses. The “Legacy” is all about the business owner– you’ve built your company from the ground up, grown and given it life, fought through the bad years, and celebrated the good years. For many of you, your business helped you grow a life for your family, and a life for your employees. In the end, Your Legacy Partners will have helped business owners like you enhance the value of their company, attract the best buyer, and leave behind a strong legacy for the future.
There are a variety of differences between hiring a business broker or an investment bank, and Your Legacy Partners seeks to give businesses like yours the best of both worlds. They are highly educated, experienced advisors who draw on the successes of the past, bringing a buyer’s perspective, with an eye on the future using their expertise to propel your business forward.
A Legacy in Experience
Nick Arellano is knowledgeable and motivated, with a strong work ethic. He has a passion for helping others succeed, and this carries over into his business. With his experienced partners and drive for success, Nick is able to attain results for his clients. He has been working with and advising business owners for 15 years. His career began at Morgan Stanley, advising small business owners who were looking to sell their company within the next couple of years. It was in this position that Nick realized his true passion for helping business owners succeed. Nick has knowledge and passion for the private sector, in addition to providing valuations and consulting services, he has analyzed hundreds of companies for acquisition. He brings his insight and knowledge from past experiences and perspectives to Your Legacy Partners.
During his time working directly within the industry on both the buy-side and sell-side , Nick noticed several key things which currently drive his business model. For one, he noticed that owners often leave money on the table by bypassing important steps in the pre-sale process. When firms fail to make necessary value-enhancing improvements and modifications (as you might) during the process of selling a home, they limit the attractiveness in the eyes of a buyer, resulting in a lower overall price.
Nick also noted that many business owners do not fully understand the true value of their firm given today’s market environment and the types of buyers they are seeking. Having a professional valuation performed by a certified expert leads to more confidence during negotiations and results in a faster, smoother process with a higher likelihood to close.
The third major thing that Nick noticed is that business owners often do not connect with enough of the right buyers, nor do they know where to begin. Simply posting the business to a website and waiting for the right buyer to come along, is outdated practice. Proactiveness, and focusing on both quality and quantity, is what is going to attract the right leads from the right places.
Nick — and the Your Legacy Partners team — has the experience, background and education to back up their claims of being the best firm for the job in helping you sell your company. They have the drive and the know-how to help you achieve the best outcome and, in the end, ensure you leave behind a strong legacy. That is what Your Legacy Partners is all about.
A Look Inward
Your Legacy Partners seeks to form relationships built on trust, confidence, and professionalism. Selling your business is a significant decision for owners, and Your Legacy Partners will help guide you through the process, whether you are a lifetime CEO or a young professional.
Nick Arellano, Managing Partner of Your Legacy Partners, grew up just outside Minneapolis, Minnesota, and considers this his lifetime home. He is very active in a variety of sports and outdoor activities. Some of his favorites include playing in a baseball league, a football league, and spending time on the lake. He received an Undergraduate degree from Minnesota State University, Mankato, where he was the President of multiple groups and received the Distinguished Student Leader award in his senior year.. He also received his MBA from the University of Chicago – Booth School of Business. While studying there, Nick helped launch an entrepreneurship program, and was Chair of the Private Equity Group. He currently resides in St. Louis Park, MN with his black lab Kona, and has a personal goal to buy a boat and spend more time sport fishing in the caribbean.
Nick and his team are happy to help you develop your Legacy.
For more information, contact Your Legacy Partners at 866-850-8440 or Nick@YourLegacyPartners.com