Three Key Questions that Determine Your Market-Readiness
I have received emails and calls from people who have seen me speak, professing that I was right when I said we would be in a recession by the 2nd quarter of 2020. I actually was wrong. Covid-19 caused this recession, not the rupture of the global debt bubble I was speaking about. But, the […]
Tired of Feeling Regret?
4 Steps You Can Act Upon Now In the past few months, we’ve heard all the sad expressions. You know the ones – the shoulda, coulda, woulda…followed with a, “if I had just…pulled the trigger, moved faster, been more decisive.” This is the ballad of regret – a powerful elegy sung to us on a […]
THE CURRENT STATE OF M&A
We are now two weeks into May and some states are opening up for business. Some more trepidatious than others, but at least we are seeing movement and finally getting better optics on the impact on our businesses. But, we have a long way to go until we have a clear view as to the […]
KEEP YOUR BUSINESS AFLOAT: NAVIGATING RECESSIONARY PRESSURE
April 1, and payments are due. Then there will be May 1, June 1…Rent, mortgage, auto loans, quarterly payments for insurance, credit cards, utilities, etc. all coming due. As of last week 3.28 million people have filed for unemployment and everyone is scrambling to keep above water. There are projections that our unemployment rate here […]
MARKETS ARE IN TURMOIL: PREPARE FOR THE FUTURE AND SKATE TO THE PUCK
April 1, and payments are due. Then there will be May 1, June 1…Rent, mortgage, auto loans, quarterly payments for insurance, credit cards, utilities, etc. all coming due. As of last week 3.28 million people have filed for unemployment and everyone is scrambling to keep above water. There are projections that our unemployment rate here […]
DOES PANDEMIC=LOST VALUE?
April 1, and payments are due. Then there will be May 1, June 1…Rent, mortgage, auto loans, quarterly payments for insurance, credit cards, utilities, etc. all coming due. As of last week 3.28 million people have filed for unemployment and everyone is scrambling to keep above water. There are projections that our unemployment rate here […]
TOP 3 DEAL KILLERS
The mergers and acquisition market is on fire. And I mean white fire – hotter than it has ever been. We have, what I call, a perfect storm in deal conditions. We, in the Northeast, would call it a solid Nor’easter, but in a good way. There is an enormous amount of capital available. Financial […]
WHAT IS THE VALUE OF YOUR BUSINESS
What is my business worth? That is a frequent question asked and I always answer that question with a question: “Why do you want to know?” Understanding the value of a business may be necessary for legal purposes (estate, tax, divorce), transaction reasons (exiting or attracting capital), or an owner is looking for a benchmark […]
WHAT IS YOUR EXIT STRATEGY?
According to the Exit Planning Institute, 50% of all privately held businesses will be forced to exit under duress. One of the five Ds that can kill a business will take it down: Death, Disability, partner Disagreement, Disruption, or Divorce. And, unfortunately, an unplanned exit will make it very hard to meet your business, financial, […]