Business Owners 10 Questions to Ask When Choosing an Investment Banker – Part 1 Choosing a qualified, experienced investment banker with relevant transaction experience to represent your company might be the most important decision…
Business Owners Four Considerations for Timing the Sale of Your Business For most business owners, selling your company will be a defining moment in your life. Whether it’s a family-owned business…
Business Owners Why EBITDA is Not Cash Flow There is a misconception in corporate finance that EBITDA (Earnings Before Interest, Depreciation, and Amortization) is synonymous with cash flow.…
4 Ways to Meet Quality Investment Bankers So you’ve decided to sell your company, or perhaps it’s time to explore alternative financing sources for your business. You…
Business Owners Why Business Owners Need Investment Banking Relationships There are two types of investment bankers: one exists and one does not. Hollywood has taken the excess of the…
CFOs Mezzanine Debt 101 Note: The following is an article by John Slater of FOCUS, a nation-wide investment bank and Axial Member, on using…
Business Owners Valuations: DCFs, Comps, and Assumptions You've decided to sell your business, and one of the things on the top of your mind is naturally valuation. You've hired a banker or advisor and they've come back with an estimated valuation range that just isn't want you were expecting. So how did your bankers arrive at their unsatisfactorily low conclusion – isn't valuation as simple as applying a
Business Owners The Purchase Agreement – A Primer for Business Owners When selling your company, you typically will sign a Letter of Intent (LOI) which gives you and the buyer an…
Business Owners How Business Owners Can Respond to Unsolicited Offers The purpose of this article is to provide guidance to business owners who have received an unsolicited bid for their…
