605

Showing 17–18 of 18 results

  • Long before you’re ready to retire … Take time to build a solid succession plan

    Winter 2010
    Newsletter: Construction Industry Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 605

    Abstract: The earlier succession planning begins, the better. Developing and grooming a successor will take time, as will preparing employees and managers to adjust to a new ownership structure. It’s also necessary to bring together a team of experts to help create a workable succession plan that provides for a sound management structure and includes a buy-sell agreement. Or it may be better to sell the company to an outside party, or to employees through an employee stock ownership plan (ESOP). All options require planning well in advance of an owner’s retirement.

    Read More

  • Break even or burn? A weak economy calls for strong analytical tools

    November / December 2009
    Newsletter: Commercial Lending Report

    Price: $225.00, Subscriber Price: $157.50

    Word count: 605

    Abstract: Breakeven and burn rates have historically been used to gauge the viability of new borrowers that have yet to turn a profit, such as startups and high tech firms. But today lenders are applying these analytical tools to mature companies that are struggling to survive the recession. This article looks at what’s involved in a breakeven analysis, and how to calculate a customer’s burn rate (how fast it uses cash). It’s important to recalculate burn rate on a regular basis because unforeseen circumstances can affect the rate of cash consumption.

    Read More