It has been said that the sale of a business is usually event driven. Very few owners of businesses, whether small or large, wake
Business valuations are almost always difficult and often complex. A valuation is also frequently subject to the judgment of the person conducting it. In
Some years ago, when Ted Kennedy was running for president of the United States, a commentator asked him why he wanted to be president.
Normalized Financial Statements – Statements that have been adjusted for items not representative of the current status of the business. Normalizing statements could include
“Exit strategies may allow you to get out before the bottom falls out of your industry. Well-planned exits allow you to get a better
When the sale of a business falls apart, everyone involved in the transaction is disappointed – usually. Sometimes the reasons are insurmountable, and other
A recent study revealed that only about 28 percent of family businesses have developed a succession plan. Here are a few tips for family-owned
Consider two different companies in virtually the same industry. Both companies have an EBITDA of $6 million – but, they have very different valuations.
It has often been said that valuing companies is an art, not a science. When a buyer considers the purchase of a company, three
Putting a price on privately-held companies is more complicated than placing a value or price on a publicly-held one. For one thing, many privately-held
Neglecting the day-to-day running of their business with the reasoning that it will sell tomorrow. Starting off with too high a price with the
Selling one’s business can be a traumatic and emotional event. In fact, “seller’s remorse” is one of the major reasons that deals don’t close.
