Monthly eNewsletter

Contributed by SSA, P.C. After weeks, indeed months, of proposals and counter-proposals, seemingly endless negotiations, and down-to-the-wire drama, Congress has passed legislation to avert the tax side of the so-called “fiscal cliff.” The American Taxpayer Relief Act permanently extends the Bush-era tax cuts for lower and moderate income tax payers, permanently “patches” the alternative minimum […]

Contributed by Speed2Results, LLC In a recent presentation on the state of the economy, noted economist, Alan Beaulieu, of ITR Economics, announced a forecast for 2013 and forward.  Beaulieu’s group predicts a strong 2013, a mild recession in 2014, followed by a strong 2015-16.  Mr. Beaulieu recommends business owners who plan to sell or transfer

By: John M. Stinar, Esq. With certain exceptions, Colorado law prohibits the enforcement of covenants not to compete. The assumption is that the State of Colorado wishes to have its citizens engaged in gainful employment. Specifically, Colorado Revised Statute § 8-2-113 provides that “it shall be unlawful to use force, threats or other means of

We are seeing significant activity in the business acquisition market-place.   For example, we closed two transactions last week.  We also had funding approved for two additional transactions and have numerous other transactions in various stages of the closing process.  We attribute the activity to better economic performance by our client companies, increased confidence in the

By David Mead Reprinted with permission from Issues for Growth It appears that we may be entering the next big surge in business transition activity fueled by the retirement needs of aging baby boomers. The first baby boomers turned 67 years of age in 2012 and we are beginning to enter the years having greatest numbers of

Colorado is a service-based economy – there are more service businesses in the state than any other type of business. While the Rust Belt, Great Lakes regions, and both coasts have access to rails and waterways, Colorado is landlocked, lending itself to services, rather than heavy manufacturing. When it’s time to buy a service business,

My team is often asked why businesses don’t sell. Although there are a variety of reasons, or a combination thereof, we believe that the pie chart below does a pretty good job of addressing this topic. For brevity purposes, I will briefly address the top three reasons: Why Won’t My Business Sell? Unrealistic Expectations It

Here are the 5 Phases and how we help manage the selling process: The Business Sale Process Phase 1 – Planning Define seller’s goals and objectives Conduct preliminary due diligence and presale audit Assemble advisory team (accountant, transaction attorney, broker/intermediary, financial planner) Assemble data from Seller Information Checklist Analyze financial statements and prepare valuation range (Opinion

In the M&A world, documentation is critical.  Not only does a Seller need the proper documentation to obtain a valuation on the business and to get the Buyer interested in the transaction, but the proper documentation is required during the due diligence process to verify the accuracy of the Seller’s financial statements and the goodwill of the

By David Mead Reprinted with permission from Issues for Growth   Doing a sale with only one prospective buyer is typically a bad idea. Recently, there have been a number of failed sales transactions where the seller negotiated with only one prospective buyer only to have the deal fall apart, or to have the sales