Steve Denny
Innovative Business Advisors
Steven Denny co-founded Innovative Business Advisors in 2018 and serves as a Managing Member of the firm. Steve has been actively engaged in M/A activities in a wide variety of industries for the last 14 years and has developed specific products to assist clients in growing their profitability and enterprise value. His specialty is working with established private companies in the lower middle market with annual revenues from $1 – 50 million.
Prior to founding his own firm in 2005, Steven spent 25 years as a senior executive in the hospitality management business working with two Fortune 25 companies. During this time, Steven distinguished himself as an exceptional business development and leadership professional, perennially appointed as member of the “Chairman’s Club”. This led to his appointment to lead the formation of a common platform used to manage customer relationships globally.
Born and raised in California, Steven paid his own way through college beginning at the University of North Carolina and culminating at High Point University. As a lifelong learner, Steven has completed executive training with Six Sigma (green belt), Xerox PSS, Karrass Negotiation, Miller Heiman and several others throughout his corporate career. Today he is recognized as a business and valuation expert in the Hospitality industry. Steven has also served in public office as a member of the Board of Education and continues to serve his community including several years as Chairman – Finance for the ~4,500 member household Community Association overseeing a multi-million dollar annual budget. He is active in the local Chamber, his church and various other civic organizations.
Services
Innovative Business Advisors works with private company owners throughout the Midwest who want to learn what their business is worth. Once they know the current value, business owners often want to learn what they can do to grow the worth and value of their company. We teach them how to grow the business worth over time.
When the time is right to sell to employees, family or friends, or to an outsider, our business advisors work with business owners to position the company to be ready for transfer. IBA requires that the business possess three primary characteristics: 1) at least five years (5 yrs) of continuous operation, 2) complete set of financial documents compiled by an accounting professional, 3) a price expectation that is in-line with the current market place.
Areas Served
- Missouri
- Illinois
Company
Innovative Business Advisors
410 Crestview Dr.
O'Fallon, MO
Innovative Business Advisors works with private company owners throughout the midwest who want to learn what their business is worth. Once they know the current value, business owners often want to learn what they can do to grow the worth and value of their company. We teach them how to grow the business worth over time.
When the time is right to sell to employees, family or friends, or to an outsider, our business advisors work with business owners to position the company to be ready for transfer. IBA requires that the business possess three primary characteristics: 1) at least five years (5 yrs) of continuous operation, 2) complete set of financial documents compiled by an accounting professional, 3) a price expectation that is in-line with the current market place.
Contact
Steve Denny
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