Clean Up Financial Statements before Searching for a Buyer

By Jay Sickler The first step in selling any business is putting its financial house in order. After years of hard work, small business owners often want to cash out. While it’s inevitably an emotional decision, several easy steps can make the process go much smoother. First, put our house in order. A business isn’t…

Buy-Sell – Don’t Let Your Attorney Write the Valuation Provisions

By: Jay Sickler   You wouldn’t let your oral surgeon replace a torn ACL in your knee.  Likewise, you shouldn’t let your corporate attorney draft the language governing the company’s share value in your buy-sell agreement. In my opinion, most shareholder disputes regarding share valuation could have been avoided had the buy-sell valuation language been…