K&A Blog: News You Need To Know

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Looming Federal Cuts Big Risk to Small Companies

From DelawareOnline.com.  If you haven’t heard the term “sequestration”, now’s the time to learn and act. ***************************** Looming federal cuts big risk to small companies Written by JOYCE M. ROSENBERG AP Business Writer Oct. 25 delawareonline.com NEW YORK —Laura Schoppe’s small business gets about half of its revenue from contracts with the federal government.  It’s […]

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Five Things Your Accountant Won’t Tell You

From SuccessfulBusinessNews.com.  We’d certainly be interested to hear feedback from our accounting friends. **************************** Five Things Your Accountant Won’t Tell You “Not Everyone Knows What They Are Doing”. Please be careful when choosing a CPA. Some studies show that as many as HALF of all tax preparers aren’t certified public accountants. Some are nothing at […]

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Single-Family Offices Warm Up to Private Equity

Since many family offices are founded by successful entrepreneurs, they can be valuable investors not only for the capital they provide, but also for the experience and industry connections they’ve cultivated. ******************* From Mark Boslet at PEHub.com:   The secretive world of single-family offices has become a more meaningful source of capital for private equity […]

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Non-Competition Agreements: What’s New and Are They Right for your Business?

From Texas Business Today, a publication of the Texas Workforce Commission, this article points out the basic points to remember in Non-Compete Agreements.  While written for employers, the main ideas are the same for a Non-Compete entered into by a business seller. ************************ It is fairly common to hear employers on our Employer Hotline tell […]

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What the Constitution Means to You

WHAT THE CONSTITUTION MEANS TO YOU (From The National Republic) It establishes for you a stable and responsible government. It makes you a citizen of the United States, if native born. It gives you citizenship, if foreign born, on complying with liberal naturalization laws. It allows you a voice in the government through the officials […]

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Tips for Attracting a Private Equity Group

Friend of the firm Joan Ridley gives a brief overview of private equity groups, one of the three classifications of buyers K&A approaches on behalf of our seller clients.  She does a good job of describing typical criteria, however, K&A has relationships with many groups with expanded scope that will look at companies that don’t […]

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The New EBITDA: Emotions Before Interest Taxes and Depreciation

Tom Deans, Ph.D., author of Every Family’s Business, does a great job explaining the emotional connection many business owners have with their companies.  Buyers should understand this connection when negotiating a purchase.  Key quote:  “Deals get done based on trust and respect earned by intermediaries paying homage to the things in a business that transcend […]

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Good Luck Finding a Growing Business to Buy

A good review of the entrepreneurial mind-set a successful buyer must have.  Written by Richard Parker, President & Founder of Diomo Corp.:   Good Luck Finding a Growing Business to Buy The single biggest unknown that prospective business buyers face is determining what the business will become after they take over as a new owner. […]

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How Not to Get Burned in a Handshake Deal

From Inc.com: How Not to Get Burned in a Handshake Deal It’s simple: Don’t do those kinds of deals. Here’s how to get them in writing to avoid disagreements later. By Harvey Mackay | Aug 23, 2012 Agreements prevent disagreements. Sound trite? I don’t think so. It’s amazing how many people don’t heed this advice–and then get burned. […]

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Advice from an Old Tennessee Mountain Man

Advice From an Old Tennessee Mountain Man Your fences need to be horse-high, pig-tight and bull-strong. Keep skunks and bankers and lawyers at a distance. Life is simpler when you plow around the stump. A bumble bee is considerably faster than a John Deere tractor. Words that soak into your ears are whispered … not […]