If you’re looking to sell your business, you will probably be evaluating investment bankers or merger & acquisition (M&A) firms. One of the biggest concerns people have when hiring these professionals is understanding the fees involved. What’s normal and how can you protect your interests?
The importance of confidentiality when you’re selling a business can’t be emphasized enough. It is essential every step of the way, from the first conversation with your adviser all the way to closing. If confidentiality is breached, it can l…
Taking a look at the mergers and acquisitions (M&A) market ahead, let us reflect on the immortal words of rapper Eminem: “Back to reality, ope there goes gravity.” We’re coming off years of record highs that would be impossible to sustain…
When business owners ask when they should start their succession planning, the answer should come as no surprise. If you own a business, succession planning should be started as soon as possible. If you can spend time early on planning your e…
If it’s a bad time to sell your business, consider growing instead. That’s the takeaway from one contractor whose plans to sell their business got squashed by inflation and supply chain issues in 2022.
An estate plan or buy-sell agreement is no substitute for an exit plan if you have to unexpectedly sell your business. Exit planning covers a wide variety of factors and ensures a smooth transaction that has arrangements in place for elements…
We’re selling a business in which a management team member holds a minority equity stake. This critical employee stands to get a small windfall in the sale. On top of that, the seller was telling us she meant to give this employee a nice fina…