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...
It’s a relatively straightforward process to determine how well a for-profit business is performing. But the question of how to assess non-profit financial performance can be a bit more nuanced. We often think of non-profits in terms of the societal benefit they...
