Trustmark Mergers & Acquisitions

MARK HERRMANN

MARK HERRMANN

Blog by MARK HERRMANN

Getting Your Legal Affairs in Order Before a Business Sale

09.05.24 06:19 PM By MARK HERRMANN - Comment(s)
Getting Your Legal Affairs in Order Before a Business Sale
In the life-cycle of your business, there are few, if any, more important events than its sale and your exit. This is the culmination of years of hard-work and, as such, you should take all necessary steps to put yourself in an optimal negotiating position to maximize the value of your business.

How to Create an Exit Strategy and Avoid Costly Mistakes

29.04.24 02:15 PM By MARK HERRMANN - Comment(s)
How to Create an Exit Strategy and Avoid Costly Mistakes
If you're thinking about selling your business, it's important to have a clear and well-thought-out business exit strategy. To begin this process, you need to identify the elements that led you to consider selling your business in the first place.

Tax Implications of Selling Your Business

20.03.24 03:44 PM By MARK HERRMANN - Comment(s)
Tax Implications of Selling Your Business
Understanding the tax implications of selling your business is a critical first step in putting it up for sale. By better understanding the tax rates that apply, it’s possible to minimize your overall tax liability and maximize the tax benefits that come with selling a business.

How to Find Out What Your Business is Worth

27.02.24 06:12 PM By MARK HERRMANN - Comment(s)
How to Find Out What Your Business is Worth
Whether you’re buying or selling a business, it’s important to set your personal feelings aside to do a systematic business valuation. There are three best practices to valuing a small business.

Shh...Why Confidentiality is Critical During a Business Sale

27.02.24 05:49 PM By MARK HERRMANN - Comment(s)
Shh...Why Confidentiality is Critical During a Business Sale
If you’re thinking of selling your business, it’s important to maintain confidentiality during the sales process. You don’t want to tip off your competitors, customers or your employees before closing the sale.
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