FBB eNews March 2017    In This Issue Market Madness   Who wants to read a novel with no surprises? Who wants to watch a play with no drama? Who wants to follow March Madness basketball with no upsets or last second buzzer beaters? Nobody. We all enjoy, and even crave, the excitement these things provide, […]

With a white knuckle overtime finish to Super Bowl LI still engraved in our memories, I thought that a sports related topic would be appropriate for this month’s article. Sports can be an easy analogy for business in many ways. One must work hard to achieve results, and sticking to the fundamentals is the surest

FBB eNews January 2017      In This Issue The Year in Review from a Business Transfer Perspective   Although not quite as strong as the record M&A activity in 2015, 2016 was a very robust year for M&A transactions. The Colorado business transfer market mirrors that trend. Our office also had one of its best

FBB eNews December  2016     In This Issue   New Year’s Resolution   At the end of the calendar year, it is common to make personal resolutions for the approaching New Year. The resolutions might include goals, such as exercising more, losing weight, etc. In addition to your personal goals, if you own a business and

FBB eNews November  2016     In This Issue   End of Year Planning   At this time of year, many business owners with calendar year ends are, or should be, in conversations with their accountant or tax advisor about yearend tax planning. Part of those conversations involve tax mitigation. Although none of us like to pay

FBB eNews October 2016     In This Issue   Timelines for Closing   When we put a business under contract or Letter of Intent (“LOI”), an important consideration is, “when is the optimum closing date?” Although the usual answer is “Yesterday,” there are two lines of consideration that we usually address: 1) When can we realistically get

FBB eNews September 2016     In This Issue    The Quandary of Multiple Offers    As I have indicated in recent, prior eNewsletters, the business transfer market in Colorado is very robust. Similar to 2007, the previous peak in M&A activity, we are generating offers from multiple buyers on attractively positioned businesses. If you are a Seller,

FBB eNews August 2016     In This Issue    Balancing Work and Pleasure The importance of balancing work and pleasure. As a father, I have stressed to my sons the importance of creating an appropriate balance of work and family time. Most of us need to work to support our families and fund our off-time, but it

FBB eNews July 2016     In This Issue    Skill and Tenacity Although I am not a huge basketball fan, on June 28, 2016 the world of sports lost a true titan upon the passing of Pat Summitt, the legendary women’s basketball coach at the University of Tennessee. Pat died at the relatively young age of 64

FBB eNews June 2016     In This Issue    Selling a Company is a Team Sport You are a business owner. A self-starting, take charge individual that is not afraid of a challenge and eats adversity for breakfast. You possess the critical mix of creativity, persuasiveness, and tenacity that it takes to go it alone in the