When Is the Right Time to Sell Your Registered Investment Advisor (RIA)?
Most RIA owners spend decades building a firm, then they spend about six months figuring out they should have started thinking about the exit years ago. If that’s where you are right now, you’re not alone, but the clock matters more than most people realize. TL;DR: There’s rarely a single “perfect” moment to sell your […]
Why Do Companies Outsource Human Resources?
Most business owners end up outsourcing after the third time they had to personally handle a termination they weren’t sure was legally clean, got a letter from the DOL, or after their best employee quit and nobody could tell them why. The decision to outsource HR is usually a response to something that already went […]
What Are the Risks of Selling a Business Without an Advisor?
Most owners spend years building something worth real money, but ultimately, many of them then spend a few months trying to sell it on their own, and walk away with a fraction of what they deserved. TL;DR: Selling a business without an advisor exposes you to valuation errors, negotiation traps, and deal structures that quietly […]
How to Write a Business Proposal for Funding
Securing funding is crucial for the growth and success of any business venture. One of the most effective ways to attract investors or lenders is by crafting a compelling business proposal. A well-written business proposal not only outlines your business plan but also demonstrates your credibility and commitment to the project. In this article, we’ll […]
Levered vs Unlevered Free Cash Flow
In the realm of financial analysis, understanding the concepts of levered vs unlevered free cash flow is crucial for making informed investment decisions and accurately assessing a company’s financial performance. These two terms represent different perspectives on a company’s ability to generate cash after accounting for various expenses and obligations. TL;DR: levered and unlevered free […]
Exit Optionality: How to Prepare Without Committing to Sell
Most business owners don’t think about their exit until they have to, but that’s exactly when it costs them the most. The owners who come out ahead are the ones who spent years quietly making their business ready for a moment they weren’t sure would ever come. Exit optionality is about making sure that when […]
Is My Business Too Small for an M&A Advisor?
A lot of business owners ask this question, and they’re usually asking it right before they try to sell on their own and regret it. TL;DR: No business is too small to benefit from M&A advisory. If you’re thinking about selling, merging, or acquiring, the right advisor pays for itself many times over. What Does […]
What Institutional Buyers Expect From Founder-Led Companies
If you’ve never been through an institutional transaction before, the due diligence process is going to feel nothing like what you imagined. Here’s what actually matters to the people writing the check. TL;DR: Institutional buyers care about a lot more than your revenue line. Clean financials, documented processes, and a business that doesn’t revolve entirely […]