Craig Arends
Saint Paul
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Articles by Craig Arends
6 Strategies to Increase Sales Price When Selling a Franchise
By Brian Baumgart and Craig Arends Selling a franchise can be a lucrative opportunity for owners looking to exit their business. Navigating this complex process requires careful planning, strategic decision-making, and a thorough understanding of the dynamics involved. Learn the important steps to take when preparing for a transaction. It is crucial to verify your franchise is favorable for a sale. Start by assessing your business’s financial health and preparing accurate financial statements.
Choosing and Preparing Your Succession
August 29, 2022 By Craig Arends, Managing Principal, CLA Heather Parbst, Director of Owner Transition Services with CLA, was a featured guest on Julie Keyes’ podcast, “Poised for Exit”. Heather has worked with family businesses in transition for several years and prior to that work was an entrepreneur with her own set of ownership issues.
A private equity firm offers to buy your business — what should you do?
Here’s the scenario. You own a successful privately held business — in fact, it’s so successful you receive a call from a private equity firm telling you they want to buy it. The price they offer seems reasonable and then some. What should you do? What questions should you ask? Step 1 — Stop! Make a plan. Don’t commit to anything. Gather as much information about the private equity firm as possible. Some questions for you to ask: • How did you arrive at this purchase price?
A private equity firm offers to buy your business — what should you do?
Here’s the scenario. You own a successful privately held business — in fact, it’s so successful you receive a call from a private equity firm telling you they want to buy it. The price they offer seems reasonable and then some. What should you do? What questions should you ask? Step 1 — Stop! Make a plan. Don’t commit to anything. Gather as much information about the private equity firm as possible. Some questions for you to ask: • How did you arrive at this purchase price?
A private equity firm offers to buy your business — what should you do?
Here’s the scenario. You own a successful privately held business — in fact, it’s so successful you receive a call from a private equity firm telling you they want to buy it. The price they offer seems reasonable and then some. What should you do? What questions should you ask? Step 1 — Stop! Make a plan. Don’t commit to anything. Gather as much information about the private equity firm as possible. Some questions for you to ask: • How did you arrive at this purchase price?
A private equity firm offers to buy your business — what should you do? Original
Here’s the scenario. You own a successful privately held business — in fact, it’s so successful you receive a call from a private equity firm telling you they want to buy it. The price they offer seems reasonable and then some. What should you do? What questions should you ask? Step 1 — Stop! Make a plan. Don’t commit to anything. Gather as much information about the private equity firm as possible. Some questions for you to ask: • How did you arrive at this purchase price?
Decision Tree: Navigate COVID-19 Loan and Grant Options With Ease
Regulations Whether you’re considering Economic Injury Disaster Loan Assistance (EIDL), the Paycheck Protection Program (PPP), grants, or other financing, CLA is ready to help you find your way. Navigate the options with our decision tree [Click to enlarge] Economic Injury Disaster Loan Assistance (EIDL) Would you like to talk with an advisor?
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