Most business owners think of Working Capital as the amount of cash they have in the bank. But virtually all financial analysts, advisors and lenders define it as the difference between Current Assets and Current Liabilities. One sounds simple and easy to understand,...
CFO Magazine reported recently that federal banking regulators last month published revised and final guidance for financial institutions that originate leveraged loans, as part of an effort to rein in aggressive underwriting of the instruments that underpin many...
I promised you some thought starters for those of you who want to get out of your business: retirement, diversification, bored, for whatever reason. Hopefully you read my post around selling to an outsider, now here are some significant considerations for those...
I promised you some thought starters for those of you who want to get out of your business: retirement, diversification, bored, for whatever reason. Here's the first list, for those of you who want to sell to someone you don't already know today. If you...
Whether you simply refuse to struggle through one more recession or simply feel that it’s time to wrap it up, your exit is a life event with a bewildering array of options. Assuming you’ve built a business that has real staying power, you could sell it to your...
