The Risk of Owner Dependence and How to Reduce It

Most people don't like to dwell on it, but the truth is, nobody can run their business forever. Situations where the owner is "essential" or "integral" to the business (to which with their departure, the business could... read more

You've Bought a Business, What Comes Next?

You’re the new owner of a recently purchased business - congrats! Be advised that the fun isn’t over yet. One of the most critical phases in purchasing a business comes shortly after closing the deal. Done... read more

Top 5 Deal Killers and How to Avoid Them

It’s an all too familiar storyline in the deal-making process; after months of hard work, the deal falls apart. For the most part, the cause is solely the fault of the participants, usually the seller, but sometime... read more

Setting Achievable Goals When Selling Your Business

Selling a business is no small endeavor. There are documents to collect, decisions to make, emails to send, and so on. Needless to say, the process can feel daunting and overwhelming at times. This is why establishing sp... read more

Recasting Financial Statements: How to Prevent Leaving Money on the Table

As a business owner, deciding to sell your business is one of the most important decisions you can make in your professional life. For years you perhaps assumed your children would carry on running the firm, but they hav... read more