Building a business with the goal of selling it can represent the culmination of years of hard work, including long days, tough decisions, and occasional sleepless nights. This hard work translates into a dollar value that, hopefully, makes it all worth it. The final...
When closely held businesses need capital, they generally have two options — getting a bank loan or seeking out private investors. While a loan isn’t going to be a viable solution for every liquidity need a business has, it can be significantly less expensive in the...
While nonprofits and for-profit companies are normally thought of as existing in separate worlds, their life cycles are quite similar, with comparable ongoing challenges and crossroads moments. When nonprofits reach a pivotal milestone, like the retirement of a...
Every successful small business eventually reaches a growth ceiling or begins exploring how to get outside capital to fund further expansion. This capital can come from a variety of sources, one of which is private equity firms. As business owners evaluate their...
Nonprofit organizations play a vital role in their communities by pursuing a specific mission that primarily benefits the public — be it in arts, education, health, social welfare or conservation. Nonprofits are often viewed as being unique from for-profit businesses,...
When a business is approaching a major crossroads, such as a potential sale or merger, leaders often seek out professional advice for managing the process. But not everyone understands the situations in which certain types of advisors excel, and specifically, the...
