If you want to create transferable value in your company, focus on moving your business up the mountain of value creation. As a business moves from one level to the next, risk is reduced and value increases significantly to a prospective buyer which can include any of the following: existing partners, management, family, strategic buyer Continue reading »
M&A advisors assist owners of privately held companies when buying or selling a business (typically through the purchase or sale of its assets). Like other professionals, M&A advisors come in different size firms and capabilities. While a larger firm may have multiple industry and product coverage groups, boutique (typically smaller) firms tend to specialize in Continue reading »
Are you thinking about renting a house or condo for your next vacation? While these rentals can be a great way for families and friends to share time together, scammers use them for traps, so it’s important to do your homework. Here are some tips to help guard against vacation rental scams: The Internet is Continue reading »
The announcement comes via regular mail, email or a phone call. You’ve won a big prize, and now it’s time to collect your money. All you have to do to claim the cash is pay a processing fee by supplying your credit card number, checking account number, or other personal information, such as your Social Continue reading »
Enhanced security credit and debit chip cards are being rolled out to consumers as a powerful new defense against fraud and counterfeiting. These cards contain an embedded computer chip that is personalized for your account and every in-person transaction generates a unique code, making them more secure by adding this extra safeguard against unauthorized use. Continue reading »
There are approximately 6 million companies in the United States with revenues from $1 million to $150 million. Baby boomers own roughly 50% of these businesses. Typically, the perceived value of the business by the owner represents 75% or more of their personal net worth. More often than not, a business owner has a much Continue reading »
There are many reasons an owner of a company might consider diversifying ownership. The timing for a change in equity ownership can be driven by a number of factors. Often it’s the natural progression of a majority owner seeking to diversify a portion of his/her net worth. For many business owners, private company equity ownership Continue reading »
Have you ever been curious about what St. Patrick’s day is really about? Take a look at these St. Pat’s stats for more information on this internaional day of celebration! Embedded from MGIC Connects
Even after so many years of serving as CEO of your closely held private or family owned business, you find that you still experience great satisfaction and personal motivation from leading the strategic direction of your company. You have asked and answered the important question of whether or not you are ready for an ownership Continue reading »
You may remember from high school algebra something along the lines of; solve the following for X. Solving for X means finding the value of X that would make the equation true. For example, what is the value of X if X+1=3. Well it must be two, since 2 + 1 = 3, X = Continue reading »
