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Archive for October, 2009

Selling Without Selling Out: An Interview with Waud Capital Partners

Sunday, October 25th, 2009

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Many of you are currently wrestling with the following questions: What do I do about my loyal management team or my children who are working in the business, they don’t have enough capital to buy it from me? I’d like to diversify my wealth, which is largely locked up in my company, but I don’t want to sell my business now, what can I do? What most of you probably don’t realize is, there is a way for you to sell your business and still participate in future growth…. Or sell your business to your management team even if they do not have the necessary capital to do the deal on their own. (more…)

Sunair Services and George Costanza: Negotiating Hard for Less Money

Monday, October 12th, 2009

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This deal reminds me of the Seinfeld episode when George and Jerry were trying to sell their sitcom pilot to NBC and George took control of the negotiation process. George began by telling the NBC executive who championed their show that the network’s offer for the pilot episode was far too small and that he and Jerry have agreed to pass. Only to come back in a matter of days and beg for whatever NBC would pay. (more…)

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