Author: Charles Kedra

Passing a family business to the next generation often brings emotional and relational challenges. Balancing personal relationships with professional responsibilities requires tact, clear communication, and often, external support. Common Challenges Conflicting Expectations: Different family members may have varying visions for the business’s future. Role Clarity: Undefined roles can lead to confusion and resentment. Emotional Attachments:… Continue reading Navigating Family Dynamics in Business Succession

Buying a business can be a complicated process, especially for a first-time business owner. Entrepreneurship through acquisition has become increasingly popular. Here are some insights to assist buyers in negotiating a fair price. 1. Add-backs Seller add-backs for personal or discretionary spending is a murky area. Some add backs make sense and others do not. … Continue reading Top 3 Tips for Small Business Buyers

Do you have a proper business exit plan?

Due diligence is essential for successful mergers and acquisitions (M&A), especially for small and medium-sized enterprises (SMEs). It can mean the difference between transformative growth and costly mistakes. This guide highlights the importance of due diligence in SME M&A and how to navigate the process effectively. What is Due Diligence?Due diligence involves a comprehensive evaluation… Continue reading The Importance of Due Diligence in M&A for SMEs

Mergers and acquisitions (M&A) are valuable strategies for small and medium-sized enterprises (SMEs) seeking growth and competitive advantage. However, many SMEs fall into traps that can turn promising deals into costly mistakes. Here are five key mistakes to watch out for: Lack of Clear Strategic GoalsMistake: Entering M&A without defined objectives.Impact: Acquiring misaligned companies can… Continue reading M&A for SMEs: Five Common Mistakes and How to Avoid Them