What is a CIM?
At its core, a well-written CIM is a strategic communication tool that helps translate years of hard work, business history, and operations.
Ordinary Income vs. Capital Gains: What Business Owners Need to Know When Selling Their Company
The difference between income and capital gains can dramatically impact your retirement, next business, or the legacy you leave behind.
How Much Does It Cost to Sell My Business?
Ultimately, executing a transaction requires a tremendous amount of time, energy, and resources, and having the right advisors on your side can make or break a successful result.
Can I Sell My Business Without an Investment Banker?
Selling your business without an investment banker may seem cost-effective, but owners often underestimate the complexity, buyer dynamics, and due diligence involved—whereas a skilled investment banker can drive competition, maximize value, and streamline the process to achieve better outcomes.
Key Milestones and Documents in the M&A Process
An experienced investment bank can help business owners navigate through the nuances and negotiations included in the various agreements, documents, and processes to ensure a successful outcome.
How Long Does It Take to Sell My Business?
If you are thinking about selling your business, you might be wondering how long the process will take. This is a common question, and the answer is a bit more complicated than many realize. In this article, we will provide an overview of the sale process while highlighting several factors that can delay or expedite […]
Debt and Equity Capital Available During the Company Lifecycle
When it comes to the typical lifecycle of a company, one way to view it is through the lens of an investor – in other words, the types of investment capital a company can receive given its lifecycle stage. This capital can take the form of debt or equity, and sometimes a combination of the […]
Why We are Optimistic for M&A in 2024
Following the red-hot M&A market that came on the heels of Covid-19, momentum swung sharply in 2023 as economic uncertainty and high interest rates took a toll on deal volume and valuations. A new year brings with it an evolving deal environment that we expect to become more positive as 2024 progresses. Here are a […]
Understanding Net Working Capital in M&A
Net working capital (“NWC”) is one of the most complex, but critical components of an M&A transaction. NWC is a commonly misunderstood concept within an M&A transaction, although at its core, the formula is relatively simplistic: current assets minus current liabilities on a company’s balance sheet. However, the determination of a Seller’s NWC is often […]
How Robust is your Financial Reporting?
When it comes to the M&A process, pre-sale preparation can significantly enhance valuation and the chances of success. Ideally, pre-sale preparation begins years before the owner intends to sell the business. When preparing for a sale, an important question to ask is: “How robust is my company’s financial reporting?” This may be a challenging question to […]