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Articles tagged: Business Planning
A Tale of Competitive Bidding and Pre-emptive Bids
An owner selling his business gets 3 high pre-emptive bids. Should he take a deal or allow the competitive bidding process to continue? Read More
6 Important Business Plan Mistakes to Avoid
A long or hyperbolic business plan can turn off investors quickly. Eliminate red flags with these six important business plan tips. Read More
5 Mistakes Avoided by All Successful Entrepreneurs
Successful entrepreneurs know the importance of delegation, a good idea and lessons to be learned from failure. Avoid these five mistakes made by startups. Read More
Why Startups Fail: 5 Mistakes that Lead to Failure
Empowering Entrepreneurs Despite Difficult Odds Nine out of ten startups fail. That’s the bleak truth. While this statistic may discourage some entrepreneurs, it should also encourage them to learn how to avoid the fate of those other nine. Here are five reasons why startups fail and how entrepreneurs can avoid common mistakes. The more you […] Read More
What Is An ESOP and Do You Want One? Pros and Cons of the Employee Stock Option Plan
Handled well, the ESOP functions as a means of financing the ownership transition of a closely-held business in a tax-favored manner. But it’s not right for everyone. Read More
EBITDA: What Does it Say and Not Say?
Learn how EBITDA, or earnings before interest, taxes, depreciation and amortization, facilitates financial comparison among companies in the same sector. Read More
Planning and Staging a Company for Transition
Are you planning to sell your business or otherwise transition its leadership? Here’s how to plan and stage your company for transitioning at maximum value. Read More
ESOPs: Tax Advantages of an Employee Stock Ownership Plan
Employees Have Retirements Staked on Company Success An employee stock ownership plan, commonly referred to as an ESOP, offers a range of benefits for sponsor companies, in addition to its owners and employees. As a qualified employee benefit plan, an ESOP is designed to provide retirement benefits to employees, and is similar to that of […] Read More
Acquisitions: That Company May Be Good to Own, but Tough to Buy
Inaction Dissatisfaction is Preferable to Buyer’s Remorse At a client’s recent board meeting we were evaluating making a bid on a rival business worth $100 million. Our management had spent years positioning itself for the opportunity to obtain this business, and now that acquisition was finally upon us. Even though it was an extremely large […] Read More
Business Valuation: Art or Science?
Business valuation is both a science and an art You need both your right and left brains when you set about valuing businesses, which is an endeavor that is mostly science, with a fair bit of art added in. To begin, one must understand the three principal methods of business valuation. Next, one must understand […] Read More