Buyouts

Once they've made up their minds to sell their businesses, most business owners have no idea how stressful and difficult the process can be. Since 2007 and the onset of the recession, it's easy to become discouraged once your business has been for sale for an extended period of time and there have been no qualified buyers. Demystifying the complex world of inside transactions, Buyouts offers an option to business owners who want to immerse themselves in the exit planning process and work toward an ending that accomplishes their goals. Author Scott Miller examines the common attributes underlying all business transactions such as the state of the economy, financing resources, valuation insights, the consideration of professional advisors, and how to minimize taxes. Helping you make sense of the important forces at work in our current economy, Buyouts features a companion website and a wealth of case studies. It offers proven guidance in many essential areas, including: Valuations: the three market approaches and their purpose The basics on documents and due diligence for both the seller and the buyer Having an exit plan and knowing your options Taxes-a short course The various types of buyouts from sponsored management to buyouts using parallel companies and those involving family and management Over the past fifteen years, business owners have had little worries about selling their businesses to third parties. Those days are over; there are now far fewer buyers with cash waiting to acquire companies. A must-have book for business owners, key employees, and their advisors who need to be aware of the full spectrum of succession options, Buyouts is the definitive guide to insights and best practices on mastering techniques of the insider-led transition planning.