I originally posted this article on LinkedIn in January 2018. As we stand on the precipice of a new year, I thought revisiting this subject might be useful if anyone plans on making big moves at their company in 2019! Everyone wants a cool title and that’s totally understandable. Heck, I want a cool title … Read more
We count ourselves very lucky. We help people buy and sell businesses. It makes for busy year-ends, but it is really fun to assist a seller see the pay-off of their hard work and a buyer start a new adventure. It is truly awesome to see people take the leap. The first question that needs … Read more
Building on the totally tubular authorized, issued, and outstanding shares (pizza slices) post from two weeks ago, this post discusses a simple dilution example to help highlight the basics. Leonardo’s Pizza Parlor has 5,000,000 Authorized Shares; it has 1,000,000 shares outstanding. Let’s assume you own 100,000 shares of the Company – or 10% of the … Read more
The Tavern League and Distributors have been trying to get wedding barns closed for years. Why? Because the members of the Tavern League include hotels, restaurants, and convention centers. People are choosing to get married at barns instead of hotels and holding events at barns instead of convention centers and restaurants. Tavern League and Distributors … Read more
This is the first post in a series about dilution. Before we start down that path though, lets start with some simple background information. The key to understanding dilution comes with three simple words: Authorized, Issued, and Outstanding (shares). Authorized Shares means the total (read, total ever) shares a Corporation can create or “cut itself into.” If … Read more
Oh, how quickly year end comes. Summer slides by in a shimmer of sunscreen. The school year begins with a flurry of schedule changes. And BAM! We have 6 weeks before December 31st ends the calendar year. This is when we begin to get all of the “So… I want to buy or sell this … Read more
3 Bedrooms 2 Bath1,350\sqft$1,200\month + $1,200\security depositNo Arrests\ConvictionsNo evictions on CCAPProof of Income and References Required The housing market is tightening – interest rates are on the rise – and so are rents – all good things for Landlords. As a consequence, good rentals are getting harder for tenants to find, and Landlords can afford … Read more
Somewhere at the bottom of most agreements is a clause that looks something like this: Entire Agreement: This Agreement and the Exhibits and Attachments referred to in this Agreement contain the entire understanding of the Parties with regard to the subject matter contained in this Agreement and supersede all prior written or oral agreements, understandings … Read more
Under the 2014 Federal Farm Bill, hemp cultivation is allowed to be undertaken by States as part of an approved agricultural pilot program. Despite many other federal laws banning cultivation and use of hemp, the Farm Bill created this carve-out and a new opportunity for entrepreneurs and farmers in States that adopted the pilot programs. Luckily, … Read more
