Steven Young

Wealth and well-being: Your roadmap to a holistic wealth strategy

Holistic wealth planning is a comprehensive approach to financial planning that takes into account all aspects of an individual's financial life, including investments, taxes, estate planning, retirement planning, risk management, and philanthropy. When it comes to selling a company, having a comprehensive and coordinated plan can play a crucial role in reducing emotional concerns and providing comfort throughout the process. ... Read More

Beyond the balance sheet: Exploring the emotional aspects of selling your business

Selling a business can be an emotional journey for owners who have invested significant time and effort into building their company. Emotional readiness is essential to make objective decisions throughout the process. ... Read More

Operational readiness: Preparing your business for a smooth transition

Buyers are often interested in businesses that have well-documented operational procedures, scalable systems, and a competent team in place. Strengthening your organization's infrastructure and documenting key processes can instill confidence in potential buyers. ... Read More

Factors in determining your company’s value

Determining the right asking price is crucial for a successful sale. An accurate valuation of your business requires considering multiple factors, such as financial performance, assets, intellectual property, customer base, and market share. Careful analysis of your business's unique attributes and the current market landscape can aid in setting a competitive and realistic asking price. Here are some key points to consider regarding the influence of market pricing on the timing of a company sale.... Read More

Market conditions and timing considerations when preparing for your exit

Timing plays a pivotal role in achieving a successful sale. Analyzing market conditions and industry trends is essential to identify optimal windows of opportunity. A robust economy, favorable industry growth, or high demand for your business's products or services can increase its value and attract more potential buyers. ... Read More

Strategic steps to take before you sell your company

Before initiating the sale process, it's crucial to evaluate the financial health of your business. Prospective buyers will closely examine financial statements, profit margins, cash flow, and growth potential. Engaging a professional accountant or financial advisor can provide valuable insights to ensure your financial records are accurate and well-organized.... Read More

How our behavioral biases affect our investment decisions

We have all heard the adage, “Buy low. Sell high." Seems rational, right? We all like to think that we are rational. Yet, more times than not, human nature tends to lead us do the opposite. And why is that?... Read More

Preparing for success: Navigating personal planning before a liquidity event

Entrepreneurs and startup founders often concentrate solely on their business ventures and neglect crucial aspects of their personal and financial well-being. This lack of preparation can lead to negative outcomes when it comes time for an exit event. To avoid these potential consequences, it's important to consider the following key steps well ahead of time, ideally at least one to two years prior to a liquidity event.... Read More

Keeping pace with Mergers and Acquisitions trends after a year like no other

With much of the pandemic-related uncertainty subsiding in the United States and businesses becoming accustomed to the new normal, some business owners might be thinking that they missed an opportunity to sell their business pre-pandemic.... Read More

Planning for your smooth transition

Deciding how and when to exit one’s company is a challenge that faces all owners. The stakes are generally high, as most owners have a substantial portion of their family wealth invested in their business. This necessitates proper preparation and advanced planning to ensure that they can eventual transition out of their business, on their own terms and timeframe. ... Read More