When You Sell a Business Are You Selling Your Entity? (2026)
Home / Answers / Current article When You Sell a Business Are You Selling Your Entity? When you sell a business are you selling your entity depends entirely on the deal structure the parties agree to. In a stock sale (or membership-interest sale for an LLC) you literally sell the legal entity itself, and the […]
Why Use a Succession Plan? 10 Reasons (2026)
Home / Answers / Current article Why Use a Succession Plan? Ten Reasons Owners Lose Millions Without One (2026) Why use a succession plan? Because owners who put a formal plan in place sell their businesses at 20 to 35 percent higher multiples than owners who do not, according to the Exit Planning Institute’s 2024 […]
Sale of a Practice Letter of Intent: Full Guide (2026)
Home / Guides / Current article Sale of a Practice Letter of Intent: Full Template and Negotiation Guide (2026) A sale of a practice letter of intent is a different animal from a standard business LOI, because a professional practice carries licensing, corporate practice of medicine doctrine, Stark Law, HIPAA, DEA registration, and personal-vs-enterprise goodwill […]
M&A Advisors for Small Technology Consulting Firms (2026)
Home / Guides / Current article M&A Advisors for Small Technology Consulting Firms: How to Choose One in 2026 Picking the right m&a advisors for small technology consulting matters more than the firm you eventually sell to, because the advisor controls who gets called, who shows up to bid, and how aggressively price gets pushed […]
Business Acquisition Letter of Intent in Illinois (2026 Guide)
Home / Guides / Current article Business Acquisition Letter of Intent in Illinois: Full Template, State-Specific Clauses, and Negotiation Guide (2026) A business acquisition letter of intent in Illinois has to do more than fix price and exclusivity. It has to anticipate the Illinois Department of Revenue bulk sales notification process (Form REG-1 with a […]
S Corp Sale of Business 1031 Exchange: Real Estate Carve-Out (2026)
Home / Guides / Current article S Corp Sale of Business 1031 Exchange: How the Real Estate Carve-Out Actually Works An s corp sale of business 1031 exchange does not defer tax on the whole transaction; since the Tax Cuts and Jobs Act took effect on January 1, 2018, IRC Section 1031 applies ONLY to […]
Family Business Exit Strategies: 5 Paths (2026 Guide)
Home / Guides / Current article Family Business Exit Strategies: The 5 Paths Owners Choose in 2026 Family business exit strategies break down into five main paths, and only one of them keeps the company in the family. According to the PwC 2024 Family Business Survey, just 30 percent of family businesses successfully transition to […]
A Liquidity Event Accomplishes Which of the Following Purposes
Home / Guides / Current article A Liquidity Event Accomplishes Which of the Following Purposes: Founder’s Guide (2026) For a private business owner, a liquidity event accomplishes which of the following purposes: it converts an illiquid, concentrated equity stake into cash or marketable securities that can be diversified, gifted, taxed efficiently, or reinvested. Founders of […]
What to Do If Offered an Acquisition Offer by Private Equity Firm (2026)
Home / Answers / Current article What to Do If Offered an Acquisition Offer by Private Equity Firm If you are asking what to do if offered an acquisition offer by private equity firm, the short answer is do not sign the NDA or exclusivity, do not send financials, and do not name a price […]