2021

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Typical Transaction Types & Terms

Business Sales M&A

In our last two blog posts, we outlined business transaction options available to owners depending upon where they are on our Seller Readiness Matrix. Some of these options have a higher value than others. If maximizing value is the most important issue to a seller, then they should review our Typical Transaction Types & Terms chart as well. What one sees is that value changes depending upon the.

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Perspectives Paper: Market Value, an Established Basis of Value

IVSC

In our first perspectives paper, Challenges to Market Value , the IVSC Tangible Assets Board (TAB) explored a number of topics pertaining to Market Value, which is one of the most common basis of value used in valuations. Topics discussed included: Price versus value, relating various forms of market evidence to a basis of value, the availability of market information in a pandemic world, prudential value and its comparison to Market Value, and value in volatile listed markets.

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COVID Relief Bill Provides 100% COBRA Premium Subsidy and Enrollment Option for Involuntarily Terminated Employees

ThomsonReuters

American Rescue Plan Act of 2021, H.R. 1319. Available at [link]. Congress has passed, and the President is expected to sign, the American Rescue Plan Act of 2021 (ARPA), creating a 100% COBRA premium subsidy and additional COBRA enrollment rights for certain employees (and their families) who have lost group health plan coverage due to an involuntary termination of employment or reduction of hours.

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A new operating model for pharma: How the pandemic has influenced priorities

Mckinsey and Company

The COVID-19 pandemic has prompted pharma companies to rethink their organizational strategies. A survey of executives suggests where value might lie.

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How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

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The ESG Movement: The "Goodness" Gravy Train Rolls On!

Musings on Markets

Last year, I wrote a post on ESG and explained why I was skeptical about the claims made by advocates about the benefits it would bring to companies, investors and society. In the year since, I have heard from many on the topic, and while there are some who agreed with me on the internal inconsistencies in its arguments, there were quite a few who disagreed with me.

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FRP Advisory sees H1 profits drop to £5.7m

Accountancy Today

FRP Advisory has reported that pre-tax profits for the six-month period ended 31 October 2021, dropped to £5.7m from £7.1m the previous year. The fall in profit was attributed to “high levels” of government support in response to the pandemic which reduced the amount of administration appointments by 49% to 390 in H1 2022 (H1 2021: 763). Despite the fall, revenues grew 25% to £44.7, up from £35.9m and was boosted by the group completing 50 transactions during the period with a combined deal valu

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Has the Coronavirus Pandemic Been Kind to ESOPs?

Meade & Moore

Without a doubt, the COVID-19 pandemic has made an indelible impression on American businesses. Fortunately, with those trying circumstances came clarity, for some. Business owners were forced to redefine their priorities, both for their businesses and for themselves. For many, one of the lessons they learned was how important a good exit strategy can be.

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Delaware Supreme Court Shines Spotlight on Boilerplate Purchase Agreement Provisions

Shephard Mullin M&A

This December, the Delaware Supreme Court penned two decisions that shined the spotlight on purchase agreement provisions that are often afterthoughts in negotiations. In Golden Rule Financial Corporation v. Shareholder Representative Services , No. 61, 2021, 2021 WL 5754866 (Del. Dec. 3, 2021) (ORDER), the Court reviewed the post-closing “true up” language and determined that “consistently applied” accounting principles in the post-closing true up does not necessarily mean “in the same manner

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2021 Deal Roundup

Lighter Capital

2021 has been a very exciting year for Lighter Capital. We are proud and privileged to assist all of the companies that we provided capital and support to this year. With non-dilutive transparent financing, all of our clients can keep their equity, board seats, and vision intact and face no hidden costs or fees. The post 2021 Deal Roundup appeared first on Lighter Capital.

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How To Conduct Due Diligence During Acquisition: Best Practices And A High-Level Checklist

Sun Acquisitions

What are some of the best practices to adopt when conducting due diligence during a business acquisition? In order to be successful with your due diligence efforts, there is a need for a strategic plan of action and a team of experienced professionals. The process of carefully appraising a business prior to purchase in order to establish assets and liabilities, as well as evaluate the company’s potential cannot be done haphazardly.

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

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The Unsolicited Offer: What to Do?

Quantive

So you’ve received an offer to purchase your business. Perhaps a competitor asks you to lunch and casually broaches the subject. Or a vendor makes an overture to acquire your company. Maybe a business broker calls and has a client that wants to make an offer to purchase your business. As a valuation firm, we […].

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Watch again: Valuing Unregistered Land

IVSC

This webinar explores the recently published UNHABIT guidance on the valuation of unregistered land, a piece of work that the IVSC and a number of other international organisations have been involved in. The session includes insights from the experts involved in drafting the new manual. Panellists: Ben Elder – Chair, IVSC Tangible Assets Board.

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In What Order Should Reimbursements Be Paid When Employees Have Both HRA and Health FSA Balances?

ThomsonReuters

QUESTION: Next year, our company will set up an HRA and a health FSA covering the same employees. In what order should reimbursements be paid from these two plans? ANSWER: Unless you design your plan differently, the general ordering rule is that expenses are paid first from the HRA, until the HRA balance is exhausted, and then from the health FSA. However, this general rule makes it more likely that unused health FSA funds will be forfeited, especially in health FSAs that do not allow carryover

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The six must-haves to achieve breakthrough growth in e-commerce D2C

Mckinsey and Company

With e-commerce surging, building direct-to-consumer capabilities is more important than ever—but how do companies truly scale their D2C business?

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Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

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Tesla's Trillion Dollar Moment: A Valuation Revisit!

Musings on Markets

I have been writing about, and valuing, Tesla for most of its lifetime in public markets, and while it remains a company that draws strong reactions, it is also one that I truly enjoy valuing. It has been a while since my last valuation of the company, which occurred in January 2020, and given how much the landscape has changed since, partly as a result of the company's own actions and partly because of how COVID has upended its competitors in the automobile business, it is time to revisit the c

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Hurst adds to its corporate finance team

Accountancy Today

Hurst has bolstered its corporate finance team with three additional staff to continue to meet demand within the sector. Max Perry has joined the firm’s corporate finance division as an associate director from the Camlee Group, an M&A advisory practice where he spent more than five years after moving from Deloitte. Meanwhile, Danielle Tierney has joined EY as a corporate finance executive.

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Stay on Top of Your Industry with These Five Tips

Hallmark Brokers

If you’re reading this blog, we know you’re the kind of business owner who likes to stay current on the trends and developments in your industry or market niche. That’s just what smart business owners do. However, you might be struggling to find time to do so when your busy schedule commands so much attention. Read more. The post Stay on Top of Your Industry with These Five Tips appeared first on Hallmark Brokers.

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Utilize Internal Controls to Prevent Employee Fraud and Embezzlement

Meade & Moore

Many business owners prefer to think the best about their employees and assume that they would never knowingly steal from them or commit fraud. However, this kind of thinking can be dangerous. In fact, employees embezzle more than $50 billion from their employers each year, according to data on employee theft. These embezzlers often turn out to be long-time employees who owners trusted implicitly and would never have suspected of stealing from them.

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Grow Your Business Value by Planning and Goal Setting

Gergory Caruso

Goal setting and planning with follow through is a proven way for professionals and business people to increase their earnings, increase their vacation time and increase their business value. We have produced a simple guide to goal stetting which includes a quick start section so you can get started now identifying your goals and planning for success.

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2021 Deal Roundup

Lighter Capital

2021 has been a very exciting year for Lighter Capital. We are proud and privileged to assist all of the companies that we provided capital and support to this year. With non-dilutive transparent financing, all of our clients can keep their equity, board seats, and vision intact and face no hidden costs or fees. We really appreciate and value our returning clients.

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Online / June 2022

M&A Leadership Council

Event Dates: 2022-06-28T09:00:00-05:00 to 2022-06-28T12:30:00-05:00 2022-06-29T09:00:00-05:00 to 2022-06-29T12:30:00-05:00 2022-06-30T09:00:00-05:00 to 2022-06-30T12:30:00-05:00 Location: Online. Register Now. Course Description. Given today’s highly competitive M&A market environment, Corporate Development leaders are being tasked with an increasingly challenging set of requirements: Close the right deals faster ; Identify and mitigate more potential risks through better due diligence

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How to Find the Best Blockchain Development Company

Financial Analyst Insider

In 2017, the world experienced a real boom in blockchain technology. Every day we read news about which new area and which new business are. The post How to Find the Best Blockchain Development Company appeared first on Financial Analyst Insider.

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Watch again: ESG and Tangible Asset Valuation

IVSC

This webinar explores the recently published IVSC Perspectives paper on ESG and Tangible Asset Valuation and how ESG’s can be quantified within valuation of existing assets. Panellists: Kim Hildebrandt – Specialist Valuer, Government of Victoria. Emily Chadwick – ESG Risk (Valuation Lead, JLL, EMEA. Miriam Patterson – Head of Office Partnerships, Charter Hall.

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When Does the Premium Subsidy End for a Biweekly COBRA Billing Cycle?

ThomsonReuters

QUESTION: We understand that the COBRA premium subsidy is set to expire on September 30, 2021. Does this mean the subsidy will be cut off on that date regardless of a plan’s COBRA billing cycle? ANSWER: In general, the COBRA premium subsidy for an assistance eligible individual (AEI) ends on the earliest of (1) the end of the AEI’s maximum COBRA coverage period; (2) the first month after the AEI becomes eligible for other disqualifying health coverage; or (3) September 30, 2021 (the end of the

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New York: A concrete jungle where dreams are still made

Mckinsey and Company

Before the COVID-19 pandemic, millions visited the Big Apple every year to fulfill their travel and business aspirations. What will it take for them to return?

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Managing across the Corporate Life Cycle: CEOs and Stock Prices!

Musings on Markets

One of the big news stories of last week was Jack Dorsey stepping down as CEO of Twitter, and the market's response to that news was to push up Twitter's stock price by almost 10%. That reaction suggested, at least for the moment, that investors believed that Twitter would be better off without Dorsey running it, a surprise to those in the founder-worship camp.

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RG welcomes new corporate finance executive

Accountancy Today

RG Corporate Finance (RG) has welcomed Adam Tindale to its team as a corporate finance executive. Tindale began his career with Newcastle-headquartered Ryecroft Glenton as an audit and accounts assistant, progressing to audit and accounts senior, before being appointed as a corporate finance executive in October 2021. He spent time on secondment with several of Ryecroft Glenton’s six service lines, including corporate finance, before achieving an accountancy qualification with the Association of

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In-Licensing by Chinese Biotech Companies on the rise

Fox Corporate Finance

An increasing number of drugs of European origin have been in-licensed to Chinese biotechnology companies. Over the last five years, a steady increase in the number of yearly in-licensed assets from Europe can be observed. Read more. The post In-Licensing by Chinese Biotech Companies on the rise appeared first on FCF Fox Corporate Finance GmbH.

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3 Types of M&A Buyers and How to Appeal to Them

Scott Mashuda

Selling your company can be one of the most personally and professionally rewarding decisions you will ever make. It’s also one that requires extensive planning and foresight. The mergers and acquisitions process isn’t just about reaching the right deal—it’s about closing that deal with the right type of buyer. . Selling to the wrong buyer can completely derail your strategy and negatively impact the next stage of your business journey.

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Valuation Approaches: Choosing one for 2022

Quantive

As the new year approaches us, the closing of your annual books and yearly business valuations are as well. Before your valuation, it is essential to note the different types of approaches one can take. The Asset Approach The Asset Approach is a valuation methodology that concludes to value based on a business’s balance sheet […].

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Lighter Capital + Modern Logic 2022 Webinar Series Scaling and Accelerating SaaS Startups

Lighter Capital

Modern Logic and Lighter Capital Partnership. Lighter Capital and Modern Logic , a digital product studio, have teamed up for another 4-part webinar series that is sure to boost the success of your SaaS Business. . After the success of our first series – ‘Building SaaS Products that Scale’ over 2021 – we’re back with a new lineup. This series will be on ‘Scaling and Accelerating SaaS Startups’.

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Online / April 2022

M&A Leadership Council

Event Dates: 2022-04-19T09:00:00-05:00 to 2022-04-19T12:30:00-05:00 2022-04-20T09:00:00-05:00 to 2022-04-20T12:30:00-05:00 2022-04-21T09:00:00-05:00 to 2022-04-21T12:30:00-05:00 Location: Online. Register Now. The Art of M&A® Integration: Essentials for Success in a Virtual Environment. -->. Course Summary. Building on the fundamentals of The Art of M&A® – Executing Integration for Maximum Results, this topical deep dive training provides executives and integration leaders the awar

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8 Most Common Mistakes Students Make When Starting Their Business

Financial Analyst Insider

While studying in college, students not only gain new knowledge but also acquire new skills. Student life teaches you to be persistent, solve difficult problems, The post 8 Most Common Mistakes Students Make When Starting Their Business appeared first on Financial Analyst Insider.

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IRS Offers New Extension Date to Victims of Hurricane Ida

LaPorte

The IRS has extended the deadline to file various individual and business tax returns and to make tax payments for victims of Hurricane Ida. The… The post IRS Offers New Extension Date to Victims of Hurricane Ida first appeared on LaPorte.

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