Value Enhancement

We’re coming off a recalibration year for M&A. While 2021 and 2022 saw record activity, the first half of 2023 was marked by significant declines. Inflation, interest rates, increased capital [...]

After centuries of leading Christmas, Inc., Santa Claus is looking to sell the business and enjoy retirement life in Florida. He has hired an investment bank and has been putting […]

A significant number of business owners do not know how much their business is worth. That can be a source of conflict in the face of unfortunate events such as […]

Buying a business can be a complicated process. Even when the financials look good, there are a number of reasons a buyer might walk away from a deal. Understanding these […]

We’re selling a business in which a management team member holds a minority equity stake. This critical employee stands to get a small windfall in the sale. On top of […]

You can practice some back of the napkin math to value a company, but it’s not always reliable. A company with $3 million in EBITDA, may, as a general rule […]

You’ve decided to sell. Now how can you get the most for your business? Real estate principles apply, so you’ll want to clean house and maximize your curb appeal. But […]

Labor issues are affecting the M&A market. For some business owners, it means decreased value because they can’t find people to maintain operations or replace the owner after a sale. […]

Accurate financial statements are critical to a successful sale. Will your books survive the scrutiny of an audit? Are revenues realized in accordance with GAAP standards? Are your forecasts [...]