Larry Lane

Larry Lane

Selling a Family Business Isn’t Business as Usual

By JoAnn Lombardi, VR Business Sales/Mergers & Acquisitions, President Family businesses may resemble their non-family counterparts in most ways, but there’s one crucial difference. Whenever close relatives work together, deep emotions invariably become involved – emotions that can further complicate…

Benefit From Good Business Records

by Peter C. King, VR Business Sales/Mergers & Acquisitions, CEO President At least once a month, you should be doing an analysis of your business, and making sure that your books and records are in working order. It’s not only…

A Good Exit Strategy is Worth a Fortune

By JoAnn Lombardi, VR Business Sales/Mergers & Acquisitions, President Selling your business can be an organized process where each step maximizes profit and your advance preparation expedites the sale, or it can be a dismal failure full of gut-wrenching interactions…

Anatomy of an Earnout

By Adam Putz, Axial An earnout represents just one of many contractual provisions structuring the sale of a business. That sounds pedestrian enough at first but, because this provision states that the seller can secure additional compensation in the future…

Boost Your Chances of a Successful Sale

By JoAnn Lombardi, President VR Business Brokers/Mergers & Acquisitions From a lack of preparation to proceeding without the help of a skilled intermediary, these are some of the most common mistakes made by sellers. Selling a business for a satisfactory…