This article was originally featured in the South Florida Business Journal. Since President Trump took office, the news media has covered the so-called trade war ad nauseam. Businesses are paying attention too. A U.S. Chamber of Commerce survey found that 158 Fortune 500 companies discussed the impact of tariffs and ongoing trade tensions on earnings calls in…
The Emperor Isn’t Wearing Clothes WeWork is Silicon Valley’s latest fallen angel. The co-working start-up raised an enormous amount of cash from venture capital firms, with a final private valuation of $47 billion (roughly ten times the valuation of its profitable peer). But, when the company took its first steps to go public in August…
“Micromanagement is bringing in a team of smart, talented people and crushing their souls by telling them what font size to use” – Chieh Huang. In 2013, Chieh Huang founded Boxed, an online wholesale retailer. Like many founders, he started the company in his garage. He packed boxes by hand with a few employees. The…
You spent a lifetime building your business: don’t neglect its value. Whether you plan to sell your business in a year, five years or don’t plan to sell at all, building a sale-ready business not only improves valuation but also minimizes risk and adds real value. Even if your exit strategy involves handing your business…
Mergers and acquisitions happen quite regularly with businesses of all types. Those on the buy-side need to have an understanding that goes beyond the company’s financial reports. If they’re not asking about the organizational structure and culture, you better run. With that said, the due diligence process can be intimating if you’re unaware of what…
