Certified business appraisals have traditionally been required by lenders as a pre-condition for final loan approval on larger deals. In today’s skittish and skeptical financial environment, certified appraisals of both the business as a whole, as well as of its…

Introduction As the country has been in a recession for the past year, many companies have endured economic hardships.  These hardships include loss of revenue, lay off of qualified employees, debtor defaults, bad cash flow, delayed cash flow and vanishing…

It seems that more and more business owners are asking me that question these days.  Given the recent “perfect storm” of collapsing financial markets, tighter credit, growing unemployment and a worsening economic recession, it’s a very fair question. My answer…

Introduction Many people want to enrich their children and grandchildren with their wealth, possessions, and business interests which they own.  The problems in the past have been inability to control the assets once they were given and the potential of…

Selling a business is something that most business owners will only attempt once in their career.  With an estimated 70% – 90% of their total net worth tied up in their business, they can’t afford to make a costly mistake,…

Introduction If you’ve paid any attention at all to the news recently, you are well aware of the country’s current credit crises.  The gross liquidity that was available just a few short years ago, to nearly any borrower is now…