Preparation

Latest Preparation Articles

• 
  Pre Sale

  Does It Have to Be 'Shirtsleeves-to-Shirtsleeves?'

  The world over, in virtually every culture, there are such truisms as “from rags to riches to rags,” “wealth doesn’t pass three generations&rdquo...

  By: Cindy Radu

• 
  Pre Sale

  Kids Taking Over the Business? 8 Things to Consider

  Many business founders dream of the day they can transition the business to their children. But while there is much in the literature that talks about estate planning...

  By: Josh Patrick

• 
  Pre Sale

  The Initial Price May Not Be Real

  The initial dollar figure presented as a purchase price for a business, whether written on a napkin over coffee or floated in a conversation, is not a binding offer. Any...

  By: Paris Aden

• 
  Pre Sale

  Understanding Return on Equity for Privately Owned Businesses

  I am a big fan of Robert Slee, an investment banker, author, and investor in the middle market. His most well-known book is Private Capital Markets: Valuation,...

  By: John Carvalho | President, Divestopedia Inc.

• 
  Pre Sale

  Position Your Business for the Exit

  You founded your business with two financial objectives in mind — to make enough money so that you and your family could lead a decent lifestyle, and to build...

  By: Tom Gledhill

• 
  Pre Sale

  Trust Advisory Committees for Succession Planning

  It is very common for family enterprises to have a family trust in place. On a very basic level, someone (the settlor) transfers assets to the trustee (often one or both...

  By: Cindy Radu

• 
  Pre Sale

  Podcast: How a Startup Managed the Sales Process to GoDaddy, an Interview with Alex McClafferty

  About the HostRyan is an entrepreneur, podcast host of the show Life After Business and the co-owner of Solidity Financial. Having personally experienced the hazards of...

  By: Ryan Tansom

• 
  Pre Sale

  Podcast: Have Business Partners? Understand Buy-Sell Agreements

  In this podcast you will learn about:When you have business partners, why a buy-sell agreement is so important;The role life insurance plays when funding a buy-sell...

  By: Noah Rosenfarb

• 
  Pre Sale

  Consider These Issues When Evaluating ESOPs

  Over the years, we have evaluated a number of small company acquisitions where the target company was deciding between doing an ESOP or selling the business to a...

  By: Hadley Capital

• 
  Pre Sale

  Choosing a Success(ion) Team to Sell Your Business

  Chances are you are not the best person to sell your business. Could you do it? Probably. You could also take out your own appendix, but that is not recommended, either...

  By: Wayne Vanwyck

• 
  Valuation

  Podcast: Do You Know How Much Your Reputation Is Worth? An Interview with Mike Mooney

  About the HostRyan is an entrepreneur, podcast host of the show Life After Business and the co-owner of Solidity Financial. Having personally experienced the hazards of...

  By: Ryan Tansom

• 
  Valuation

  Tying the Knot: Getting to 'I Do' with the Right Private Equity Partner

  For a business owner, partnering with a private equity firm is a bit like getting married. While there may not be a clear consensus about how many months or years you...

  By: Heather Madland