Sun Acquisitions

MARCH 8, 2022

One of the first questions a seller often asks is, “What documents are needed to sell a business?”. We’ve split the required documents as follows: A checklist of the legal documents needed to sell a business. A checklist of the financial documents needed to sell a business. Legal Documents Needed to Sell a Business.

Finance 98

Finance Marketability 98

Sun Acquisitions

OCTOBER 5, 2022

If you came to this article it’s likely you are looking to sell your business fast. But what is the timeline for a fast business sale? 54% of brokers say it takes anywhere from 6 to 11 months for a business to sell. The United States Small Business Administration puts the timeline at 24 months (2 years).

Business Valuation 52

Business Valuation Earnings Multiplier Private Equity Firm Book Value 52

Viking Mergers

MAY 17, 2022

When selling a business, there is much more up for negotiation than just the purchase price. We believe that a well-informed seller is better equipped to make the right choices for themselves and their business. This is the first in a series of blogs dissecting the structure of business deals. Related Articles.

Start-ups 130

Start-ups Finance Marketability Business Valuation 130

Farrel Fritz

MAY 29, 2023

The third, involving a close corporation, applies a buyout-upon-death provision in a shareholders agreement to the validity of an alleged buyout agreement by one shareholder after the death of another, where the putative buyer himself died before the buyout was consummated. The plaintiff voted to disapprove a straight sale.

Liquidation Value 52

Liquidation Value Marketability Technology 52

Farrel Fritz

MAY 29, 2023

The third, involving a close corporation, considers whether an alleged oral agreement to grow and manage a karaoke lounge without salary in exchange for a 25% equity interest if the venture became profitable, entitled the manager to 25% of the venture’s value following his ouster. The plaintiff voted to disapprove the sale.

Start-ups 52

Start-ups Equity Liquidation Value Marketability 52

FE International

MARCH 23, 2022

This article is part of our Valuation by Business Model series, in which we provide you with information on what makes your particular business model unique when it comes to SaaS business valuation. For more in-depth reading on valuation, see our post How to Value a Website or Internet Business. How To Value a Business.

EBITDA 105

EBITDA Start-ups Business Valuation Marketability 105

Audit Board

JANUARY 4, 2023

Passing separate privacy laws is creating compliance issues for companies based or doing business in these states. The affected businesses must comply with a patchwork of different state privacy and cybersecurity laws. How Will the California Consumer Privacy Act and California Privacy Rights Act Affect Impacted Businesses?

Compliance 52

Compliance B2B 52

Erik A. Lopez

AUGUST 31, 2015

However, successful asset sales require quite a bit more than a pair of tweezers and steady hands. Among other things, they require a well-crafted Asset Purchase Agreement (APA). Today, I’ll turn my focus to Asset Purchase Agreements. I discussed SPAs in a prior post. However, they do differ in many material respects.

Intangible Assets 52

Intangible Assets Finance Compliance 52

Erik A. Lopez

AUGUST 25, 2015

The principal agreement governing such a transaction is typically a Stock Purchase Agreement (SPA), sometimes styled a Securities Purchase Agreement or simply a Purchase Agreement. Although agreements like these do conform to customary standards and structure, variations do exist. Preamble and Recitals.

Finance 52

Finance Compliance 52

Audit Board

SEPTEMBER 14, 2023

Managing the risk exposures that come with partnering or doing business with a third party, whether they play a large role in your organization or a negligible one, is why the practice of vendor risk management exists. Those consequences can range from fines to losing business relationships, among other potential outcomes.

Compliance 52

Compliance Start-ups Accounting Firms Technology 52

Cooley M&A

SEPTEMBER 25, 2020

In a May blog post we discussed several initial observations regarding the dozens of M&A transactions that were signed prior to March 2020 and that were in jeopardy as a result of COVID-19. Sellers Face Uphill Battle in Obtaining Specific Performance.

Debt Financing 40

Debt Financing Finance Equity Private Equity Firm 40