World Class Mergers & Acquisitions | For Companies $5 Million to $250 Million in Revenue
Introduction The election is over. As a result, we have a Republican lead Congress. Now, maybe our politicians can get some stuff done! Additionally, it is that time of year again! Many people don’t want to think about it, but…
Waiting until the last minute is almost never a good strategy if you’re planning to successfully sell or transfer your business one day. The oldest baby boomers, people born between 1946 and 1964, turned 65 in 2011. Over the next…
Qualified Appraisal The Tax Court ruled for the taxpayer in a case where the taxpayer failed to get a qualified appraisal when one was needed. In this case the taxpayer donated and sold 65 acres to a local government and…
Q: Where is the best place to store estate plan documents? A: The best place to store estate plan documents is in a secure location that others know of and that is easily accessible. Storing the documents in a safe…
Introduction Last month we discussed The Comparables Price Method, The Capitalization of Earnings Method, and the Net Tangible Asset method of business valuation. This month we go on to discuss additional methods that are used and weighted in order to…
Prospect Partners is one of the largest and most active private equity buyers focused on acquiring companies with revenues of >$10M but <$75M. In September they released an article with this same title, and I thought it was so well…
Reasonable Compensation A Court of Appeals recently reversed a Tax Court holding involving reasonable compensation to a key stockholder/employee of a privately held corporation. In many situations, a high salary can be justified by having special expertise to operate the…
Q: When I sell my business, what assets can I expect to keep in the transaction? A: When a business is sold, the asset purchase agreement dictates which assets are sold and which assets are kept by the seller. Typically,…
Introduction Along with deciding to engage in business succession planning and finding a successor, it is necessary to value a business. A valuation is necessary whether the business is to be transferred to an heir or third party or for…
You may be eager to sell your business, and happy to have an acquirer at your doorstep, but are you prepared for what happens when an acquirer starts looking “under the hood” of your business? Most professional acquirers will have…