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Due Diligence an Overview

Due Diligence: An Overview

Due Diligence (“DD”) is a critical step in the process of purchasing a business. It typically involves procedures to assess the Quality of Earnings (“QoE”),

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Selling a Business – Key Questions to Ask

Selling a Business – Key Questions to Ask

In previous posts on the topic of succession planning, we highlighted transition options available to owners looking to sell their business. These links can be found below. In addition to finding a viable buyer for the business, the seller must also determine the ownership percentage that they are prepared to sell, with the following options available: minority interest (less than 50%); majority control (greater than 50%); or full ownership (100%). The percentage of a business that is sold will depend

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Sale-to-Management-or-Key-Employee

Sale to Management or Key Employee

In previous posts on the topic of succession planning, we highlighted transition options available to owners looking to sell their business. These links can be found below. Transferring a business to management or key employees is an attractive option as an alternative to family succession or a sale to an external party, particularly for business owners who feel strongly about maintaining the corporate culture and values post-exit. Examples of these types of buyers include executive or senior management, as well

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Sale to a Financial Buyer

Sale to a Financial Buyer

In previous posts on the topic of succession planning, we highlighted transition options available to business owners looking to sell their business. These links can be found below. This article will discuss what a financial buyer is and the advantages and disadvantages of selling to this type of buyer. Financial buyers are investors who acquire businesses with the intention of generating a return on their investment, either through increasing the profitability of the business and/or eventually selling the business in

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