Transaction Support

As a business owner it is easy to become fixated on profit the lifeblood of any business It pays the bills keeps the lights on and puts food on the table But profit is not the only number that matters when it comes to the value of your business In fact there is another number that can be just as important as profit the multiple

Even if your business isn t for sale yet knowing what s involved in a business transaction and understanding what buyers value most is a great way to ensure your business can receive the best valuation possible

If you are one of the many baby boomers planning to retire in the next few years you know or should know the importance of having a succession plan in place By preparing now you can carefully evaluate your options and maximize the value of your business Here are some basic guidelines to consider along the road to succession

Traditionally due diligence is a buyer s responsibility when an M A transaction is on the horizon Conventional wisdom and best practices support the idea that this is the buyer s opportunity to discover in detail what they re getting for their money However the due diligence process is also the seller s opportunity to showcase the business in the most favorable light