Margin or margins is a word you hear a lot in business. I want to talk about what it means and why it is important today on MBA Mondays. I did talk about margins once before, in the context of the income statement, back when we were walking through the basic financial statements. But I’d like to talk about the concept outside a strict accounting definition.
This is my final MBA Mondays post on M&A Issues. I’ve been posting about M&A since last December. It feels like a semester long effort. And frankly I’m a bit tired of talking about M&A every monday. But selling your company is an important topic and I think we’ve done it justice now on MBA Mondays.
We are getting to the end of the series on M&A. Two more M&A Issues to talk about and then I am done. The final two are consideration and price. Today I’ll talk about consideration and next week I’ll talk about price.
TweetYet another post in the M&A Issues series. This one is about timing, ie how long it should take from the first serious conversation about a sale transaction until the closing. I’ve seen acquisitions done in a week. I’ve seen acquisitions take over a year from the first serious conversation to close. And one thing I [...]
Yet another post on issues in M&A. This one is about the things you will sign up to when you sell your business and the money you will set aside to cover them.
TweetContinuing our discussion of M&A Issues, we are going to talk about breakup fees today. A breakup fee is a payment made by the buyer to the seller if the M&A transaction doesn’t close. Many M&A transactions do not include breakup fees, particularly smaller transactions. But as the value of the transaction rises and the potential [...]
Last summer I wrote a post called What A CEO Does. It was a popular post and I’ve seen and heard people reference it frequently. In that post I suggested that the three things a CEO needs to do is set and communicate the overall vision, recruit and retain the best talent possible, and make sure the company never runs out of cash.
Continuing our discussion of M&A Issues, this week we’ll talk about governmental approvals. When two companies combine, the government can sometimes get involved. It mostly happens when two large businesses combine and the most common reason for governmental review is antitrust considerations. It is also possible that foriegn governments can take interest in a business combination.
TweetToday we launch a new and exciting hub called MBA Mondays written by Fred Wilson, a Venture Capitalist and principal at Union Square Ventures. Fred takes learnings from business school and pairs then with his practical experiences to offer a breathtaking series. The articles within this series are written in a very simple way for anyone [...]