February 12, 2015
Q.: We have built enterprise-class software products for banking, education and manufacturing segments. We have an established set of clients and a recurring revenue stream. How do sell a corporation in the technology industry? A.: There are a number of issues to consider when you’re looking at how to sell a corporation: When do you want to sell, and who is your advisory team to help you make the decision? What is the market value of your business, including your intellectual property assets? Where will you find a buyer? Are you being approached by another company (which is triggering this option for you), or to you want to go out to the marketplace to find one? How will you structure the deal? What’s your price? What do you want for the payment terms? Will you accept financing or do you want all cash? What are the tax consequences? Who will be helping you through the deal process – e.g., drafting the letter of intent, conducting due diligence, and filing any necessary paperwork with the IRS…
Continue ReadingIs it possible to use leverage to sell your business? It certainly is—if you know what you’re doing. Leverage is all about getting good, strong positive results that aren’t dependent completely on you, as the…
Read MoreAs Seen In Enterprising Women Magazine You’re a busy entrepreneur. Every day, you whirl around like the Looney Tunes® Tasmanian devil, putting out fires, calming clients, and encouraging employees. There’s barely enough time to handle strategic…
Read More“I only want to focus on 3 things,” says Caryn. “But who will do the rest?” Burned out, tired, and constantly pulled away from her family, Caryn Kopp reached her limit. Her company, Kopp Consulting,…
Read More
I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.
With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.
And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.
I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.
