Tag Archives: business strategy

Succession Planning – Ownership Lessons

When selling your business to employees or family, ownership lessons rise to a special level of importance. Regardless of the financial, inheritance, estate or valuation aspects of the plan, the real question is how to prepare your successors to run … Continue reading

Posted in Building Value, Exit Options, Exit Planning, Exit Strategies | Tagged , , , , , , , , , , , , , | Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Transition Tribulations

This article in Financier Worldwide of the United Kingdom quotes me extensively. I thought you might like to see it. (My spellings were changed to British standard.) Transition tribulations: exiting a family-owned business by Fraser Tennant When the owner of a family … Continue reading

Posted in Exit Options, Exit Planning | Tagged , , , , , , , , , , , | Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Your Transition Advisor Team

Nothing impacts the success of your business transition more than the advisor team. Let’s say you receive a free pass to play in the Super Bowl. You will be playing against the New England Patriots, but you can choose any NFL player … Continue reading

Posted in Building Value, Exit Options, Exit Planning, Exit Strategies | Tagged , , , , , , , , , , , , | Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Selling Your Business – the Buyer’s Eyes

Selling your business is much like selling a house. In order to realize the highest price possible, you want it to look its best. The other day I passed an independent gas station/convenience store. The marquee at the curb advertised … Continue reading

Posted in Building Value, Exit Planning | Tagged , , , , , , , , , , | Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Subordinated Debt in an Exit Plan

Subordinated debt can be a key consideration in any sale transaction. Whether you are contemplating a sale to a third party or an internal transfer to employees, the topic of taking second place to a lender will likely come up. … Continue reading

Posted in Exit Options, Exit Planning, Exit Strategies | Tagged , , , , , , , , , , , , , | 1 Comment

One Response to Subordinated Debt in an Exit Plan

  1. Eric Seifert says:

    Right on point.

    Except you will find different banks with different parameters for their SBA loans, all within SBA’s SOPs. Some more aggressive than you described. Without a one year window.

    It’s a great environment for transactions.

    On with the boomer tsunami.

Leave a Reply

Your email address will not be published. Required fields are marked *