I built two investment banks in London both focused at small to mid-market transactions, working approximately, in the $10m to $100m deal range. Prior to that I helped turnaround a division of Thomson Reuters in the 80s and led the disposal project to Reed, for...
Is there a difference between running a business to ensure you can exit and cashing out one day Vs. running it to keep it forever? Yes there is, the last 24 months. Every owner needs to run a business as if they wanted to cash out one day. The ones who are committed...
The WSJ ran an interesting piece this week, on the issues surrounding employee stock-ownership plans. I’ve extracted some points worth considering from the article and added some issues from my own experience. Background As of 2011 approximately 10,900 ESOPs...
As the owner of a private company you may have decided that 2013 is the year you are going to sell out. In previous posts I’ve covered many of the issues running through your mind. For example: How much is your business worth? Staging Your Business For Sale-...
You see we are told in articles, blogs, seminars and books to strike a balance between our personal life and our business life. We are told to not to let work take over our lives. Google allowing staff to work on pet projects for 20% of the time is an example of...
It can be a devastating blow to put your 20 year old business up for sale and receive no offers or at best low ball, bargain basement offers. There were probably some really good reasons for that and other than asking the buyers to tell you why, let me share 15...