Buyouts: Success for Owners, Management, PEGs, ESOPs and Mergers and Acquisitions: 780 (Wiley Finance)
Author(s): Scott D. Miller (Author)
Publisher: Wiley
Publication Date: 14 Aug. 2012
Edition: 1st
Language: English
Print length: 352 pages
ISBN-10: 9781118229095
ISBN-13: 9781118229095
Book Description
The definitive guide to best practices for mastering techniques of the insider-led transition planning
A must have book for business owners, key employees, and their advisors who need to be aware of the full spectrum of succession options, Buyouts provides objectives, advice, steps, and a host of examples on the full spectrum of insider-led buyouts. A road map for CPAs, it presents the parameters for many of the major industry segments, techniques for managing risk, providing retention and performance incentives for key personnel and insights into getting deals financed.
Features advice and examples of insider led buyouts
Essential guidance on succession options for business owners, key employees, and their advisors
The 411 on selling your company for a fair price, maintaining control over the process, and realizing lifelong goals
Transition planning is becoming a hot business topic as millions of business owners head into retirement. The fact is that only a limited number of privately held companies will be successfully sold to third parties. A road map for CPAs, Buyouts presents the parameters for many of the major industry segments, techniques for managing risk, providing retention and performance incentives for key personnel, as well as insights into getting deals financed.
Editorial Reviews
From the Inside Flap
Buyouts
Success for Owners, Management, PEGs, Families, ESOPs, and Mergers and Acquisitions
Once they’ve made up their minds to sell their businesses, most business owners have no idea how stressful and difficult the process can be. Since 2007 and the onset of the recession, it’s easy to become discouraged once your business has been for sale for an extended period of time and there have been no qualified buyers. Demystifying the complex world of inside transactions, Buyouts offers an option to business owners who want to immerse themselves in the exit planning process and work toward an ending that accomplishes their goals.
Author Scott Miller examines the common attributes underlying all business transactions such as the state of the economy, financing resources, valuation insights, the consideration of professional advisors, and how to minimize taxes. Helping you make sense of the important forces at work in our current economy, Buyouts features a companion website and a wealth of case studies. It offers proven guidance in many essential areas, including:
Valuations: the three market approaches and their purpose
The basics on documents and due diligence for both the seller and the buyer
Having an exit plan and knowing your options
Taxes a short course
The various types of buyouts from sponsored management to buyouts using parallel companies and those involving family and management
Over the past fifteen years, business owners have had little worries about selling their businesses to third parties. Those days are over; there are now far fewer buyers with cash waiting to acquire companies. A must-have book for business owners, key employees, and their advisors who need to be aware of the full spectrum of succession options, Buyouts is the definitive guide to insights and best practices on mastering techniques of the insider-led transition planning.
From the Back Cover
Once they’ve made up their minds to sell their businesses, most business owners have no idea how stressful and difficult the process can be. Since 2007 and the onset of the recession, it’s easy to become discouraged once your business has been for sale for an extended period of time and there have been no qualified buyers. Demystifying the complex world of inside transactions, Buyouts offers an option to business owners who want to immerse themselves in the exit planning process and work toward an ending that accomplishes their goals.
Author Scott Miller examines the common attributes underlying all business transactions such as the state of the economy, financing resources, valuation insights, the consideration of professional advisors, and how to minimize taxes. Helping you make sense of the important forces at work in our current economy, Buyouts features a companion website and a wealth of case studies. It offers proven guidance in many essential areas, including:
Valuations: the three market approaches and their purpose
The basics on documents and due diligence for both the seller and the buyer
Having an exit plan and knowing your options
Taxes a short course
The various types of buyouts from sponsored management to buyouts using parallel companies and those involving family and management
Over the past fifteen years, business owners have had little worries about selling their businesses to third parties. Those days are over; there are now far fewer buyers with cash waiting to acquire companies. A must-have book for business owners, key employees, and their advisors who need to be aware of the full spectrum of succession options, Buyouts is the definitive guide to insights and best practices on mastering techniques of the insider-led transition planning.
About the Author
SCOTT MILLER, CPA, ABV, CVA, PFS, CMAP, is President of Enterprise Services, Inc. (ESI), a nationally recognized firm in ESOP consulting and valuations, with over 500 clients. An entrepreneur with an extensive history of senior-level industry experience and significant equity ownership in his employers, Miller has authored four professional publications for AICPA on mergers and acquisitions, buying and selling business, ESOPs, and valuing ESOPs. Since founding ESI, Miller has worked with hundreds of businesses throughout the country on strategic transition planning and closing transactions.