Articles

Transactions are major decisions in the life of a business, for both Sellers and Buyers. In a standard transaction a Buyer will request money from the purchase price be held in escrow. And, while I’ll admit there is a strong argument justifying those types of requests, there are also viable alternatives. First, why do Buyers […]

These matter to you on so many levels, please read. If you include SBA financing in your transactions, then you must have heard about the many changes going into effect on August 1st of 2023 in SOP 50-10-7. Many posts are promoting these changes as beneficial to our industry, but today I will explain the […]

The purpose of this discussion is to define the possible benefits of the Asset Exchange structure as well as its mechanics. This discussion is intended to provide you with a legal take on the methodology and design of the transaction—it is not intended to be a reliance opinion with respect to any specific results nor […]

As a business advisor, by now you have undoubtedly come across the concept of search funds, a unique financing model that allows entrepreneurs to raise capital and acquire small businesses. The search fund community is growing rapidly because it offers an attractive path to entrepreneurship that has less risk than bootstrapping a start-up venture. But […]

With inflation at its highest level in 40 years, business owners are reasonably concerned about how their businesses will be impacted. Knowing the effects inflation can have on the bottom line of a company can be crucial in preparing your clients for the sale of their business. The Consumer Price Index (CPI), which looks at […]

Posted from Net Working Capital in M&A – CapStone Partners (July 22, 2018) https://www.capstonepartners.com/insights/net-working-capital-in-ma/ Working capital (or a company’s current assets minus its liabilities) is one of the most misunderstood concepts in corporate America and has been responsible for many transactions’ failure to close. Net working capital (also referred to as NWC or working capital) […]

As we enter another year uncertain when transacting business will return to a semblance of normalcy, many businesses will have to face the prospect of dealing with their lender.  As a business advisor, you may be asked by your client, what happens now?  While business owners will hope for a better year and seek a […]