May 14, 2021—Smart entrepreneurs leave little to chance when selling a business. Rather, they arm themselves for “battle” with experienced M&A team members, an in-depth knowledge of the marketplace, and savvy negotiation tactics.
“Damn the torpedoes, full speed ahead!!” There may not be a more iconic statement of the American can-do spirit. Bellowed by Admiral David Farragut on August 5, 1864 while exhorting Union naval forces in the attack on Mobile Bay, his words still resonate nearly 160 years later as a unique national expression of resolve in the face of a challenge.
May 26— The unprecedented economic circumstances stemming from the COVID-19 pandemic are only beginning to be understood and will likely be felt for some time.
The unprecedented economic circumstances stemming from the COVID-19 pandemic are only beginning to be understood and will likely be felt for some time. In the M&A world, the events of 2008/2009 provide a playbook of sorts for navigating the current crisis and the months ahead. Business owners who are considering whether to reopen or sell should focus on liquidity as the lifeblood of their companies.
Learn about the steps you can take to transact the sale or succession of your business when you’re ready to exit the business.