Plan Ahead to Sell Your Business
Abstract: Business owners who plan ahead sell their businesses faster and for more than those who neglect maintenance and administrative chores. This article notes some steps that can help owners prepare their businesses for eventual sale, including preparing reliable, transparent financial statements, setting up formal administrative controls and cultivating a positive corporate culture. The article shows how valuators can help with many facets of this process. Download Full Article
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Five things you should know about prospective M&A advisors
Because most business owners don’t have the knowledge, contacts and time to buy or sell a company on their own, deciding that an M&A professional can help with the complicated process is an important first step. This article lists some of the most important questions to ask about prospective M&A advisors, including background, experience, reputation and fees. Download Full Article
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Recapitalize Your Business with a PE Group
Two powerful forces are meeting in the market today. One is the large number of business owners who are approaching the age where it makes sense to start planning for life beyond business ownership. The other is the vast quantity of investment capital available through Private Equity (PE) Groups. The purpose of this paper is to help the business owner understand the potential opportunities that working with a PE group can create. Download Full Article
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Prepare now for the next stage of your life.
Many owners get so caught up in the day-to-day concerns of running a company that they spend almost no time thinking about what their life will be like after they sell their business. Unfortunately, retirement and estate plans don’t happen on their own. This article provides a concise guide to the crucial retirement income and wealth transfer decisions that need to be made at this stage in an owner’s life. Download Full Article
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Chicago Tribune Article about Choosing the Right intermediary
An article in the Chicago Tribune compares the results achieved by two business owners. One chose Focus Capital Advisors, the other chose another broker. Download Full Article
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Upcoming Tax Changes Make 2010 a Special Year to Sell Your Business
Upcoming tax changes make 2010 a very special year to sell a business. For the last several years, we’ve enjoyed a federal long term capital gains rate of 15%. When blended with the current Illinois tax rate the total is 17.55%. If your business sale qualifies for long term capital gains treatment, you get to keep 82.45% of the proceeds. On January 1, when you kiss a loved one and say, “Happy New Year!” the party is really going to be over. The largest tax increases in many years are just around the corner. Download full article
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Looking for a Way Out?
Abstract: Selling can be a distressed company's best option. Financially distressed companies whose condition has deteriorated to the point where they can no longer keep up with current bills have few survival options. If there’s any chance of getting injection of short-term liquidity, a troubled company should seriously consider it. Download Full Article
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