Hiring an investment banker isn’t something a person does every day. Statistically, most entrepreneurs sell only one business in their lifetime, often using the proceeds to retire or pursue new opportunities. A business sale is different from selling anything else due...
When an existing business takes on a new capital partner, it gains more than just capital. A new partner can add needed expertise, open the doors to new business relationships and share the burden of day-to-day management. But to make such an arrangement successful,...
The events of recent years have underscored the critical need for businesses to be prepared for a variety of challenges. While nobody can envision every potential set of circumstances (looking at you, COVID), many business leaders consider it standard practice to...
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...
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...
