The Confidentiality Myth
When it comes time to sell the company, a seller’s prime concern is one of confidentiality. Owners are afraid that “if the word gets out” they will lose employees, customers and suppliers. Not to downplay confidentiality, but these incidents seldom happen if the process is properly managed. There is always the chance that a “leak” will occur, but when handled correctly, serious damage is...Read MoreTechnobuddy: Fatal Computer Mistakes and How to Avoid Them
By Bill Husted, a.k.a. Technobuddy Bill Husted, a.k.a. Technobuddy When it comes to computing there are glitches, just small hiccups that are annoying but not serious. Then there are the fatal mistakes. That’s when your computer becomes a beige paperweight and you lose all the data you’ve stored. It’s worthwhile to spend today talking about the really big mistakes computer users make, the kind...Read More
A Selling Memorandum
A sellers memorandum includes all those points one would normally expect to see in any business plan, to wit: an executive summary, a business description, financial requirements, target market niche, identification of top management, an operations review, analysis of strengths and weaknesses, and current financial statements and projections. Guide to Mergers and Acquisitions published by PPC...Read More
Noted Economist to Speak to GABB on March 29
Noted Georgia economist Roger Tutterow, a Kennesaw State University Professor of Economics, will speak March 29 to the Georgia Association of Business Brokers. The GABB, the state’s only professional association dedicating to buying and selling businesses and franchises, will meet at 10:30 a.m. on March 29 at the South Terraces Conference Center. The meeting is preceded at 9:45 a.m. by a free...Read More