to page content
to site navigation
The Resource Center has all the info you'll need From content to user feedback, the resource center has the information you need for every level of the entrepreneurial process.
Business owners and their advisers should carefully plan and take appropriate steps to avoid litigation traps in selling their companies, such as not performing due diligence on potential buyers or signing an ambiguous letter of intent without a counsel's review.
Selling your business is similar to raising capital. The difference: you're selling the whole company. Selling your company, like raising money, includes preparing the business plan, financials, cash-flow projections, and demonstration of Sarbanes-Oxley compliance practices.
Entrepreneurs often receive unsolicited offers to sell their business. Many offers are not worth your time. Instead, be attentive to a query from a company or individual with acquisition criteria that is rigorously designed to benefit both parties.
In choosing to sell his company, the author provided potential buyers with a compelling story of future growth opportunities, profitability, and potential synergies. Above all, the author's experience suggests be patient and know what you want to achieve before you start the process.
A summary of major tax consequences related to selling a business is provided in this article. Issues covered include capital gains tax, tax treatment of individual company assets, and a discussion of state tax obligations.
Selling your company involves an entire set of specific business and legal terms and conditions that relate solely to this transaction and are often new to first-time entrepreneurs. This document contains a helpful list of pertinent terms as well as some issues that the selling entrepreneur might consider before closing the sale.
A critical early step in preparing your company for sale is hiring an investment banker to guide you. The ten-point set of guidelines contained in this article will help you recruit and hire the right investment banker.
This article is a fine overview of the elements necessary for instituting successful change. Key is "human capital management," which means that your people must be a part of the process from the beginning.
This checklist, derived from the book, Mastering the Rockefeller Habits, includes a set of key tasks for entrepreneurs to undertake every day in running their company. Examples include setting up an executive situation room for rapid-response meetings, ensuring company alignment of quarterly goals, and establishing an efficient internal communications stream.
Entrepreneurs can use this helpful tool to evaluate their company's strengths and weaknesses in all areas of business.
Want to get connected? Sign up to receive regular news, polls and updates from The Kauffman Foundation.