When transitioning a business, the stakes are high and emotions run deep, making effective preparation paramount. That preparation can take several years, so business owners should start the process now by selecting a world-class M&A advisor who knows the industry and can establish trust—one who can guide the business owner through this monumental journey.
William Blair can provide guidance and insight on the following key considerations:
- Transaction objectives
- Potential benefits of bringing in an outside investor
- Branding
- Employee relationships
- Community and philanthropic work
- The business multiple vs. the personal multiple
- Clarifying the vision for acquired wealth
- Charitable giving and tax efficiency