Legal Blog

Biz Tek Today: Is there a right time to sell one’s business?

biztek Is there a right time to sell one’s business?  For obvious reasons, owners seek to sell their business when the enterprise value is highest.  Without the crystal ball ability to predict the future, how does an owner truly know when his/her business has attained its highest enterprise value?  After all, businesses go up in value (and go down in value).  I don’t profess to have insight on knowing the perfect time to exit one’s business.  However, I can tell you that I believe entrepreneurial businesses follow a  lifecycle much like that of a NFL player.  Take a NFL running back for example.  This person may be able to play in the league for 10 years; however, there are really only 3 to 5 years when this person is operating at peek potential and correspondingly has his highest market value.  I submit that for most businesses the cycle of peek potential and highest market value is reflective in a short window of time.  Having the emotional intelligence to peg that window and execute on it takes a mix of skill and good luck.

Entrepreneurship

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Technology

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Transactions

What to do when the sale of your business and real estate are separate Smart Business Business owners tired of paying rent to a landlord will often buy or construct a new facility and then create a separate limited liability company to own and manage it. The LLC can then lease space to the company, as well as to outside tenants …  READ MORE M&A seen increasing among US defense companies CNBC The big U.S. defense companies have used piles of cash to increase share buybacks and dividends. Now they’re going to move ahead on mergers and acquisitions, say analysts who follow the industry….  READ MORE Five Things That Shouldn’t Keep You From Buying or Selling a Company JD Supra There may be several reasons holding you back from buying another company or from selling your own business. However, there’s a new normal in the government contracting space. With increased competition for work, a tight economy, and stricter and more costly regulations requiring compliance…  READ MORE Is there ever a right time to sell your business? The Guardian A few years after joining a small creative agency, I was sitting in our weekly management meeting when the MD (and one of the owners of the business) asked each of us whether we wanted to buy the company.  READ MORE

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BizTekToday-Sign up       Biz Tek Today (BTT), is a online resource for entrepreneurs. BTT recognizes that you are a busy leader in business and that finding time to identify and read relevant news for your business is challenging. BTT seeks to lessen this burden by regularly gathering the best of the best news articles from a host of national media and industry sources and delivering them to you in one convenient email Mike_Mercurio_WebsiteNEWMichael N. Mercurio, Chair Business Law and Transactions mmercurio@offitkurman.com | 301.575.0332 www.michaelmercurio.net  Linkedin | Read|Delete | Connections | ©2015 Michael N. Mercurio, Offit Kurman, Attorneys At Law. All rights