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Digg it UP - Expansion & Exit: Getting the Best Out of Your Golden Parachute
If there were an Entrepreneur’s Hall of Fame, Wayne Huizenga would be a charter member. Most people recognize the Wayne Huizenga as being the former owner of the Florida Marlins baseball team, and the current owner of the National Football League’s Miami Dolphins. These are the types of gaudy baubles a billionaire entrepreneur collects. However, his success came from the most elemental business: trash hauling.Mr. Huizenga started as a small time cartage operator for a waste disposal firm in south Florida. He worked his way into sales and ultimately bought a small firm. In the 1960’s waste disposal was a local, independent, mom and pop type of business in the United States as well as in most industrialized countries. There was no scale. Each trash removal firm worked on contracts negotiated with local governments. There was always the fear of political winds chang
The key is to find a group willing to invest the amount needed for solid expansion, without giving up control of your company.
One such group, represented internationally by Capital Funds Group, does precisely this. It provides a simple and inexpensive method to bring you into the public sphere. It provides you with the SEC-required number of qualified shareholders. It also works with an offshore investm
One of the biggest challenges female executives and senior managers will face is returning to work after a break to learn the new role of being a parent. You are just about there and have learnt the art of multi tasking at a level you had never thought was possible when a letter drops through the letter box asking when you are coming back to work. This may be something that horrifies you or delights you and one thing is sure you will have challenges ahead. Some of these challenges will be expected, for example arranging good child care or dealing with the emotional side of leaving baby while you go to work. Others may not be expected for example will your boss understand that you can no longer work long hours, will it be presumed that you are no longer serious about your career because you are a mum.How are you going to make sure that you leave the office on t
For most entrepreneurs and business owners, there is a desire to expand their company to some point of success, then retire. Or move on to another business.
The Usual Solutions
There are generally two solutions: (1) Sell out directly or (2) do an IPO - the traditional Initial Public Offering - hope you raise some capital, wait a few years, then sell your stock... if it’s worth anything.
Selling out a privately held company usually results in a price 150%+ of profits. If you’ve been doing $1 million, look for about $1.5-4 million for your golden parachute. Minus taxes, of course. Not a terribly exciting prospect after all those years of work.
Solution #2 is daunting as well. You’ll spend close to $3 million doing an IPO. Much of your time, up to a year actually, will be spent doing “dog and pony” shows for prospective market makers and institutional buyers, often ignoring your business in the process. Your chances of raising your targeted funds are about 50/50 at best. And 98% of all small companies going public are not in business five years later. Doesn’t sound too promising either.
However, the major advantage to becoming a public company, among many others, is that your company is valued at a multiple of its price to earnings (P/E) ratio, normally far above sales. If it were possible to become such a company, raise needed expansion capital and build your stock value towards a major retirement nest egg - *without* having to do an IPO - you’d have a sane answer to your problem.
The Better Solution
It’s possible. There’s a Solution #3.
The key is to find a group willing to invest the amount needed for solid expansion, without giving up control of your company.
One such group, represented internationally by Capital Funds Group, does precisely this. It provides a simple and inexpensive method to bring you into the public sphere. It provides you with the SEC-required number of qualified shareholders. It also works with an offshore investme
Starting one's own business was never so easy. Now thanks to the advancement in web-based technology, you can virtually start your business without moving a muscle. All you need is an access to the Internet and you can go about starting your dream venture. The first thing that comes to mind when you are on the verge of starting your business is the business forms. When it comes to business forms, there are forms and forms. You will be amazed at the number of forms you need to maintain for running your business successfully.One may think that most of the readily available business forms may not suit one's particular business, but you need not worry, as help is at hand in the form of customized business forms. Customized or personalized business forms are easily available online. You have got forms covering every aspect of business. Whether it is sales, inventory,
Selling out a privately held company usually results in a price 150%+ of profits. If you’ve been doing $1 million, look for about $1.5-4 million for your golden parachute. Minus taxes, of course. Not a terribly exciting prospect after all those years of work.
Solution #2 is daunting as well. You’ll spend close to $3 million doing an IPO. Much of your time, up to a year actually, will be spent doing “dog and pony” shows for prospective market makers and institutional buyers, often ignoring your business in the process. Your chances of raising your targeted funds are about 50/50 at best. And 98% of all small companies going public are not in business five years later. Doesn’t sound too promising either.
However, the major advantage to becoming a public company, among many others, is that your company is valued at a multiple of its price to earnings (P/E) ratio, normally far above sales. If it were possible to become such a company, raise needed expansion capital and build your stock value towards a major retirement nest egg - *without* having to do an IPO - you’d have a sane answer to your problem.
The Better Solution
It’s possible. There’s a Solution #3.
The key is to find a group willing to invest the amount needed for solid expansion, without giving up control of your company.
One such group, represented internationally by Capital Funds Group, does precisely this. It provides a simple and inexpensive method to bring you into the public sphere. It provides you with the SEC-required number of qualified shareholders. It also works with an offshore investm
Scrapbooking can be an expensive hobby. From patterned paper, accents, embellishments, and cardstock, it all adds up. I've been scrapbooking for about 7 years and at first, I went to all the fancy specialty scrapbook supply stores, where things are more expensive. Over the past several years though, I have found some great ways to save cash.Scrapbooking Supplies at a Discount The most obvious way to save money is to find a place to shop that sells scrapbooking supplies at a discount. I have found that website stores actually have lower prices then stores. One example is they carry the Hermafix Dotto Glue Refill for $3.99, this is $2.00 less then the two local scrapbooking suppliers. The only down side of this is that you will have to wait for it. So I like to find a site that ships same day. Another thing to look for on a scrapbook products website is free s
However, the major advantage to becoming a public company, among many others, is that your company is valued at a multiple of its price to earnings (P/E) ratio, normally far above sales. If it were possible to become such a company, raise needed expansion capital and build your stock value towards a major retirement nest egg - *without* having to do an IPO - you’d have a sane answer to your problem.
The Better Solution
It’s possible. There’s a Solution #3.
The key is to find a group willing to invest the amount needed for solid expansion, without giving up control of your company.
One such group, represented internationally by Capital Funds Group, does precisely this. It provides a simple and inexpensive method to bring you into the public sphere. It provides you with the SEC-required number of qualified shareholders. It also works with an offshore investm
I have identified a few sources of Business Burnout and each has a distinct flavor and requires a different response.Bad Choice Burnout - This is the burnout that surfaces because you made a bad choice about your business. This happens a lot with multi level marketing companies and in direct sales. The recruiting process makes a business look so magnificent that you sign on the dotted line before you've had a chance to really think about whether the business is right for YOU. Once the hype wears off and you're left trying to do something that you aren't excited about - you feel drained and wonder what you ever saw in the business in the first place.There's nothing wrong with the business - it just isn't a good fit for you. It's time to regroup, refresh and come back to the table with a new plan that suits your personality, skills and calling.c company, among many others, is that your company is valued at a multiple of its price to earnings (P/E) ratio, normally far above sales. If it were possible to become such a company, raise needed expansion capital and build your stock value towards a major retirement nest egg - *without* having to do an IPO - you’d have a sane answer to your problem.
The Better Solution
It’s possible. There’s a Solution #3.
The key is to find a group willing to invest the amount needed for solid expansion, without giving up control of your company.
One such group, represented internationally by Capital Funds Group, does precisely this. It provides a simple and inexpensive method to bring you into the public sphere. It provides you with the SEC-required number of qualified shareholders. It also works with an offshore investm
"What do I do now?"Craig looked plaintively across the desk at me. He'd come to me for help adapting to his new role as a manager. He was having a lot of trouble.Craig had thought he wanted to be a manager. He'd supported himself through college by running heavy machinery in the construction industry. He was a hard worker.When he was hired by the company that made some of the equipment he used to run, Craig was ecstatic. He liked the people in the construction industry and he thought his new employer was as fine a company as there was.Craig was hired as a sales trainee, but his goals were something else. He wanted to be an executive and climb the corporate ladder. He started out by turning himself into a great salesperson. He let his bosses know that he wanted to move up.His opportunity came after only a couple of years. The co
The key is to find a group willing to invest the amount needed for solid expansion, without giving up control of your company.
One such group, represented internationally by Capital Funds Group, does precisely this. It provides a simple and inexpensive method to bring you into the public sphere. It provides you with the SEC-required number of qualified shareholders. It also works with an offshore investment pool which will guarantee to purchase enough of your new shares to fund your company with enough to capitalize a major expansion. You will, however, need to follow their expansion strategy.
The group does more than just fund you. They will teach you how to make your stock support program work effectively...and inexpensively. They will guide you in expanding onto other markets internationally. They will protect you from short sellers. They will advance more funds as necessary if you’re following their expansion strategy. And much more.
Benefits to the Business Entrepreneur
Before taking such a step, consider the benefits of becoming a public company.
a. Private placements are easier if you are a public company, as the investors can trade their stock on the open market.
b. When it comes time to sell, your company is priced on its share value times the number of issued shares, generally far exceeding the balance sheet value of a private company.
c. Banks prefer public to private companies when considering loans.
d. It’s easier for a public company to expand into the Global Village.
e. You will become more attractive as a potential acquisition or merger target.
f. You will have sufficient funds with which to market and distribute your goods or services nationally or globally.
What Kinds of Companies?
What kinds of companies are being sought? These would be the general parameters:
1. Investment (or sales) of at least $500,000 in the company, net assets of $500,000 and a pretax profit of $300,000 (reinvested in the company).
2. In business for one year or more. (No startups
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