Today we discuss the importance of succession planning, especially as baby boomers retire, why recasting matters in business valuations, 2016 M&A activity, and share news about Generational Equity. Click on an article’s headline to read the full piece. [Read more…]
Tackling some tough issues this week, we explore when you need to fire a relative from the family business, why recasting your financials is vital before you start negotiations with a buyer, why should never mention a price to a potential buyer, and more. Click on the headlines to read the full pieces.
When you’re running a family business, sometimes it’s necessary to ask a family member to leave the company in order to protect the business. Here’s how you know if it’s time to do so. [Read more…]
We continue looking the M&A Basics series with a look at recasting and succession planning, as well as share errors to avoid when selling your company, the challenges of selling a family-owned business and more. As usual, click on the headline to read the full piece.
“Let’s face it – the equation is not balanced. You will most likely only sell one business your entire professional career. Buyers, especially those working for equity firms and corporate strategics, will make dozens of [Read more…]in their careers. Because of this, they have the upper hand and can negotiate deals aggressively to their benefit, not yours.”
We cover must-know information about what business owners need to know about business valuations, retirement planning, working well with business owner siblings, recasting and more. To read the full article, click on the headline. [Read more…]