It’s Time to Plan Your Business Exit Strategy
Posted by Tim Hilligoss and Ben Smith on March 15, 2022
Selling your business ownership stake at the right time – and for the right price – can be a challenge. To make matters even more uncertain, today’s buyers are more sophisticated than ever – especially with rising private equity influence. The earlier you start crafting an exit strategy, the better.
Buy-Sell Agreements Pave the Way for Your Future
Posted by Margaret Amsden on March 3, 2022
Having a properly structured buy-sell agreement in place is a best practice for long-term business success. Also known as a buyout agreement, the right buy-sell plan provides vital financial protection for shareholders or partners and their families. It also helps to ensure the continuity of the business for employees and customers.
Avoiding Common Transaction Mistakes
Posted by Ben Smith and Jim Biehl on February 15, 2022
Most M&A deals go through a number of steps involving a team of accountants, lawyers, and potential buyers analyzing the business through careful assessment of everything from financial records to contracts to intellectual property. Even if your manufacturing business isn't for sale yet, it's critical to understand the M&A process and plan now to avoid common transaction mistakes.
Inflation’s Impact on Market Transactions
Posted by Ben Smith on December 9, 2021
As Covid variants continue to challenge the economy, apprehension and marketplace anxiety continues. This includes a rise in inflation as reported by the Bureau of Labor Statistics 6.2% increase over the year ending October 2021. These price increases either get passed on to consumers, which inevitably turns some away from a product, or passed on to investors.
Business Transaction Basics: You’ve Closed the Deal, Now What?
Posted by Ben Smith and Margaret Amsden on September 30, 2021
Selling a business takes months of preparation, hundreds of phone calls, and seemingly endless decisions before all is said and done. But for sellers, even after signing on the dotted line, there’s plenty more to do. Here are some important post-closing considerations.
Business Transaction Basics: It’s All About Due Diligence
Posted by Ben Smith and Tim Hilligoss on September 28, 2021
You’ve been talking to buyers for months and have a letter of intent in hand. So, what comes next? Before taking on tens of millions of dollars in new assets, buyers will undergo a thorough check to understand exactly what they are purchasing. Here's what you need to know about due diligence to make the process as smooth as possible.
Business Transaction Basics: Why Having the Right Team Matters
Posted by Ben Smith and Tim Hilligoss on September 9, 2021
Many new obstacles and questions come into focus when you decide to sell your business. Where do you find firms interested in buying? How much is your company worth? How do you find a good partner? Bringing on an experienced M&A team can help ensure you get the full value of the company you’ve built.
Business Transaction Basics: Are You Ready to Sell?
Posted by Ben Smith and Tim Hilligoss on August 17, 2021
Even if your business isn’t for sale yet, knowing what’s involved in a transaction and understanding what buyers value most is a great way to ensure your business can receive the best valuation possible for when the day comes – often faster than you anticipate.
Transaction Basics for Business Owners: Post Closing…Now What?
Posted by Clayton & McKervey on June 28, 2021
Wondering what happens after a business deal closes? While it may seem like completing a transition is enough – it’s not quite done. Watch this recorded live video event for tips on preserving your investment post-sale.
Transaction Basics for Business Owners: It’s All About Due Diligence
Posted by Clayton & McKervey on June 11, 2021
Deals are made or lost in the due diligence process. Watch this live video to learn about common issues that surface during this phase, including vital buyer and employee needs.
Transaction Basics for Business Owners: The Art of the Deal
Posted by Clayton & McKervey on May 21, 2021
When you find yourself seriously considering a transaction, you’ll need to put the right team in place. Watch this live video to learn more about the roles of your CPA, attorney, and investment banker – and how they work together to protect your interests.
Clayton & McKervey Announces Transaction Service Event Series for Business Owners
Posted by Clayton & McKervey on May 17, 2021
We are pleased to announce a new live video event series: Buying, Selling or Not so Sure? Transaction Service Basics for Business Owners.
Transaction Basics for Business Owners: Preparing Even When You’re Not Ready
Posted by Clayton & McKervey on May 8, 2021
Even if you’re not ready to sell now, it’s never too early to start planning for an inevitable transition. Watch this recorded live video event to learn how buyers assess value and what’s needed to put yourself and your business in the best possible position.
Transactions: Why it’s Never too Early to Start Planning
Posted by Clayton & McKervey on April 21, 2021
Today we sit down with Tax Manager Ruben Ramirez to share some considerations and tax implications for buying or selling a business. Listen in and learn why it's never too early to start preparing for a transaction.
Family-Owned Businesses: Succession Planning
Posted by Clayton & McKervey on April 7, 2021
In this episode of The Sound of Automation podcast, Frank Lashier III, COO of Dominion Technologies Group, Inc. joins us to talk about the challenges of transitioning a business within a family.
Understanding Transactions, Even if Your Business Isn’t for Sale
Posted by Tim Hilligoss on January 12, 2021
Selling your small business may not have been your focus in 2020 and may not be your focus in 2021, but planning ahead comes with huge advantages. Here are four things our team walks through with every client when we prepare for a deal.
Pre-transaction Tax Structuring Considerations for the Closely-held Business
Posted by Margaret Amsden and Ben Smith on December 13, 2020
There are alternatives to a S Corporation which may provide more flexibility and accessibility to investors.
Considering a Merger or Acquisition?
Posted by Margaret Amsden and Ben Smith on September 20, 2020
The changes that occurred under the 2017 Tax Cuts and Jobs Act (TCJA) continue to impact businesses in multiple ways, and while some of these are favorable, others are not. More recently, the Coronavirus Aid, Relief, and Economic Security (CARES) Act further adjusted some of these rules. Businesses considering a transaction, such as a merger or acquisition, should be sure to discuss the following items.
Doing Business in the US: Challenges and Experiences of European Companies
Posted by Teresa Gordon on October 31, 2019
European companies open branches in the United States for a host of reasons. For starters, the US gives these businesses a completely new base of customers; a chance to step out from the almost saturated European market and stand out from the crowd.
Recognizing our Clients’ Success
Posted by Rob Dutkiewicz on February 20, 2019
One of the greatest pleasures a professional can experience is to see your client blossom from a small start-up operation to a thriving business. It …
The Secret to Longevity in Business
Posted by Jim Biehl on February 6, 2019
Have you ever wondered how some companies last for generations while others fade into obsolescence? In the firm’s long history of working with closely-held businesses, …
Managing Your Net Working Capital
Posted by Margaret Amsden and Ben Smith on February 2, 2018
When a business is considering selling there are many elements to be managed. One of the elements that should be closely monitored is called Net …
Asset Acquisitions: The Dichotomy Between Buyer and Seller Objectives
Posted by Margaret Amsden and Ben Smith on January 16, 2018
Growth through acquisition is an important option for business owners because it offers a significantly faster way to build market share in an …
Succession Planning for Small Businesses
Posted by Ben Smith on August 3, 2017
Fact: 12 million baby boomers will attempt to transition from their workplaces in the next five to 10 years. This has significant meaning for …
Maximize Your Company’s Value: Retain Key Employees
Posted by Ben Smith and Tim Hilligoss on February 28, 2017
If you own a closely-held business, one of the most critical questions you may ask yourself is, “How can I maximize the value …
Company Acquisitions – Assets vs. Stock
Posted by Margaret Amsden on April 12, 2016
When making a business acquisition, one of the key factors to be considered is whether the transaction will be an asset purchase …
What Do I Do Now?
Posted by Clayton & McKervey on January 21, 2014
Succession Accomplished … Now What? Our firm focuses on working with business owners. These are generally individuals that have started and grown a business for …