Candor Advisors

Successful entrepreneurs are busy, and inundated with well intended emails, LinkedIn messages, and other distractions. So when they're referred to us, we're very clear (and quick!) to let me know in specific terms, where we can be most helpful, either directly or through our network. They're often surprised to get advice at no charge, or a referral to someone else in our network. #mergersandacquisitions #buyouts #esops #founders #privateequity #mezzaninefinance #smb #smallbusiness #entrepreneur #transactionadvisry #M&A #exits #succession

Had a great time recently digging into keys to prepping for your company sale with the great team at The Exit podcast from Flippa.com. 💼 Props to this group of top talent! 🙌🏼 ✅ They're experts, have a network of business advisors and feature founders on both sides of the mic to drive insights and useful scar tissue to share with others!! 🤓 📊 Give it a quick listen - might make or save you $Millions! Maybe more!! 💵

Prepping for Due Diligence, the process where a buyer will evaluate your financial, legal, admin and ops info isn't fun. Not one bit. 😨 In fact it's the broccoli and kale part of your company sale plate 🤢 Not tasty but REALLY good for you 😉 But here's the thing - do it well and your buyer will be impressed, the process will be done quicker, and the payoff is a closed deal and lots of 💰 for you and your stakeholders! Click on the video and give us 2 1/2 minutes - might make of save you $Millions! Maybe more!!

Hey founders! You can save a 💰 by not using experienced M&A lawyers when you sell your company!! Your corporate lawyer is smart enough, right?? There are smart ways to minimize your deal costs, including legal fees, and then there's penny wise and pound foolish. Saving $ with less experienced counsel will come back to bite you. There's a better way.. Click on the video below - these few minutes could make or save you $Millions. Maybe more!! #buyouts #businesssales #founders #exits #exitstrategy

Hey Founders! Good news on the business sale front! The permafrost ❄ seems to be melting on private equity firm capital 💰 and the goldilocks 🐻 🐻 🐻 era of nothing being quite for their tastes on price, sector, or seller vibe 😎 seems to be ending as well. That's means some of that $1 Trillion of "dry powder" 💼 might be coming for your business soon. And as we reported last week, debt markets unlocked even earlier, so buyers have more $$ and activity is picking up for great businesses going to market in the coming quarters. Wondering if you should prep for a sale now? Click the video and give us a few minutes - might make you $Millions! Maybe more!!

Hey Founders! Selling to a financial buyer, like a private equity firm, where it feels like the data requests will never end? Financial buyers are not operators or founders like you. Smart? Yes. Savvy? Likely. But do they know how to build or run your business? Not likely. Most don't know when to stop sending new requests or which things matter most. So, when the requests come in, send over what they ask to see, then guide them to the key metrics and business drivers, explain what doesn't matter, and use your lawyer or investment banker for the tougher convos. Click on the video for a few more suggestions - just might make or save you $Millions! Maybe more!! #businesssales #exitstrategy #buyouts #founder #entrepreneur #vistage #ypo #exits

Hey Founders! Want to know if it makes sense to sell your business but don't want to pay for a costly report? It's a bit of chicken and egg to decide on timing your sale if you don't know if you'd get enough to retire, fund your next dream, or do something else, right? Here's a couple quick tips to guide your process and help you decide. Give us a few minutes - might make or save you $Millions! Maybe more!! #exits #exitplanning #businesssales #founders #entrepreneurs #vistage #ypo #privateequity

Hey Founders! Thinking about selling without a transaction advisor? 🤔 Some companies are successfully sold without using an investment banker or business broker, or for that matter, any advisors. True story. We wouldn’t recommend it for several reasons but if you’re inclined to try, click on the video for a few key tips. 👇 Give us a few minutes. Might make or save you $Millions! Maybe more!! 💰 #businesssales #buyouts #privateequity #founder #entrepreneur

Dug in with David King on the growth of fund-less buyers in #privateequity - Search Funds and Fund-less Sponsors. Some buyout pros are going deal by deal without a fund, and C-level execs, solo PE investors, and former founders are looking for deals and capital at the same time. This is changing the market for some selling founders, making deal-close less certain and diligence more challenging for many. And, we were sneaky correct about the Paramount Pictures and Skydance $28B buyout, and the offer from Accretive and Edgar Bronfman (since pulled) and why they might rethink the deal. Some useful tidbits in both chats for selling founders! Give it a listen if you're a #founder, #entrepreneur, or a #privateequity or #buyout pro.

Hey Founders! Not all sales go as planned, in fact many go off track, even after the signed LOI and with parties on both sides aligned. Dealing with hiccups 😬 is as much a part of the process as getting in sync on price, terms, and timeline to closing. So, when a "busted process" happens, or terminated LOI leads to a need to re-engage other buyers, what's the right play? In our experience it happens more with independent PE firms and #searchfunds, but it happens with big firms and strategic buyers too. Give us a few minutes and we'll give you some ideas to get things back on track. Might make or save you $Millions! Maybe more!!