Pitfalls Around Earnouts (and Why They Rarely Payout)

2018-05-19T01:10:37-10:00May 19th, 2018|Articles - Statewide|

By George Deeb Takeaway: "The devil is in the detail, in terms of how an earnout gets written." What Is an Earnout? An earnout is a financing arrangement for the purchase of a business in which the seller finances a portion of the purchase price, and payment of this amount is contingent on achieving a predetermined level of future

Tip For Maximizing Business Value

2018-03-06T03:07:24-10:00February 27th, 2018|Articles - Mergers / Acquisitions, Articles - Statewide|

Tip #25 Burying excessive personal expenses in the business financials can lower business value! The most popular method of valuing a business uses a multiple of earnings over a period of years. Business owners should be aware of that while attempting to reduce the bottom line with personal expenses to minimize taxes. Though there are