by Joe Driscoll | Nov 22, 2009 | Finance
It is a pretty straightforward matter to check the value of your IBM stock. Just pick up the morning paper and bingo, you have the daily value of most any widely held, publicly traded stock. What about the value of your shares of stock in a closely-held corporation?...
by Joe Driscoll | Nov 22, 2009 | Finance
Does a business start with the product or the order? Which comes first the service or the customer? It’s the old chicken and the egg debate and there is probably no universally correct answer. Regardless of where you stand on which came first for a business,...
by Joe Driscoll | Nov 22, 2009 | Finance
Back not too many years ago it was referred to as “bootstrap financing” or simply getting a loan to buy a business. Now referred to by the acronym LBO, the leveraged buyout has become one of the most exciting and popular investment vehicles of the decade....
by Joe Driscoll | Nov 22, 2009 | Finance
The company’s current Chairman founded the business eighteen years ago. He has seen it grow to slightly more than twenty million dollars in gross revenues. At age 69, he currently retains 68% ownership in the company. He wants to retire and sell his interest in...
by Joe Driscoll | Nov 22, 2009 | Finance
Small and growing businesses are invariably undercapitalized and will need to borrow funds at sometime. Debt financing creates financial leverage for the business owner that can be rewarding as the business prospers. Financial leverage is the borrowing of funds and...
