Category: Business Purchase & Sale Agreements
Quality of Earnings in Due Diligence: What You Need to Know
As many sellers do not sell businesses frequently, I like to write about various parts of the transaction process that may be helpful for sellers to understand. One of the most important steps is when a buyer performs a “Quality of Earnings” review of… Continue reading →
Business Brokerage: Greybull Stewardship Makes Growth Investment in Murphy
My investment fund, Greybull Stewardship, has made a growth investment in Murphy Business Brokerage, the #1 business brokerage company in North America. The press release about this investment can be found here at the Greybull Stewardship blog. I am very enthusiastic about this investment for… Continue reading →
Nine Secrets for Avoiding Failed Business Acquisitions
Failed businesses always have both myth and logic around the reasons for their failure. This is even more true for a failed business acquisition because there are the elements of the transaction added onto the elements of the business itself. The reality is always complicated,… Continue reading →
6 Pitfalls Between Letter of Intent and Closing the Deal
When selling your business, it is so much work to find the right buyer and to get to a letter of intent. That may feel like the hard part. It is not. It is just as hard to manage everything that comes next and get… Continue reading →
Asset Sale Versus Stock Sale (Purchase & Sale Agreements – a series)
Asset Sale = LLC and S Corporation If you are a business owner considering the sale of your business, please put yourself in a position for an asset sale rather than a stock sale by holding your business in a Limited Liability Company (LLC) or… Continue reading →
Business Purchase and Sale Agreements (a series)
This post begins a series of posts on business Purchase and Sale Agreements. Even though I have executed a number of Business Purchase and Sale Agreements in my investing career, this series falls in the category of “teaching what you want to learn” as I… Continue reading →