Key to the Sale: Confidential Information Memorandum

Key to the Sale: Confidential Information Memorandum

Entrepreneurs and business owners spend years building their business — and often years before that dreaming of and planning for it. Every owner knows the journey it took, from the highs of launching the business or securing the first customer to the lows of meeting an early payroll liability or facing the uncertainties of the recent pandemic.

Federal Tax Services

Across every industry, businesses face complex market trends, economic and governance pressures, and competitive demands. All of those factors have an impact on your liquidity and business growth.

What’s the Fate of Your Estate?

What’s the Fate of Your Estate?

Most construction business owners will spend a lifetime making sure their businesses succeed. After all of your hard work, do you really want to leave the fate of your business in someone else’s hands? As it is likely your largest asset, you’ll want to ensure your business is protected through a detailed estate plan. This plan should focus on minimizing estate and gift taxes as well as protecting your wealth for your family.

Succession Planning = Peace of Mind

Succession Planning = Peace of Mind

Statistics indicate baby boomers account for more than 50% of the construction industry. That means half of owners, along with their skills and knowledge, are headed towards retirement. Even more alarming is only half of those owners have a succession plan. If your company faces a disruption or change in ownership it reduces its chance of survival to only a small percentage. Even owners who don’t have an immediate retirement on the horizon need to have a plan.

Will Your Business Survive Without You?

Will Your Business Survive Without You?

Less than a year. That’s how long it took a successful construction company to permanently close after the owner unexpectedly passed away. Before his death, the company was thriving. But without a business continuity plan in place, the business didn’t survive a year.

Neal Stephens

Neal Stephens

Neal Stephens is a transaction advisory senior manager for HORNE Capital Strategies at HORNE LLP. He works with business owners, strategic corporate buyers, and private equity investors to advise and manage the sale and purchase process for transacting parties.

Josh Edwards

Josh Edwards

HORNE Capital’s Josh Edwards works on the buy-side and sell-side transactions. He helps spot concerns unique to each M&A deal and provides the information and insight needed to ease uncertainties and keep the process moving.

Want to Sell in 2021? Start Now.

Want to Sell in 2021? Start Now.

Over the past year, business owners have been confronted with key decision points related to uncertainty about the COVID-19 pandemic and how to be competitive in the new economic environment. Prices are increasing, consumer spending is up, and customer behaviors have shifted more dramatically in the past year than in recent history.