Yellow flags - Consider these early in diligence! ➡️Accounting system - What data will be available and in what format. If its not QuickBooks, it's gonna be a slow start to FDD ➡️Long-term projects - Projects extending beyond a couple of months? Expect a mess of a process

M&A Monday: The Ingredients of a Purchase Price Offer A good M&A Lawyer is like a chef when crafting the purchase price for an offer to purchase a business. The lawyer or Sponsor uses many ingredients depending on the uniqueness of each deal, seller’s preferences, and the

If you're buying a business without a quality of earnings report... you're taking a huge risk! We just wrapped up tomorrow's session of the free Business Buying Masterclass, focusing on financial due diligence. This session features insights from Chris Williamson and

Out now, Session #11 of the Business Buying Masterclass, where we learn expert insights on financial due diligence from: ✳️ King of QoE of Guardian Due Diligence and ✳️ Chris Williamson of Cayne Crossing!

In case you missed it: Last Saturday's session of our free business buying masterclass was our best yet, with over 10,000 views! We introduced a new format that weaves expert insights from Mundane Millionaires Podcast with contributions from top industry professionals and additional free

Check out this list of some common issues we see when doing a QofE. What'd I miss? Comparability – Change in bookkeeper/accounting approach (cash to accrual) – Plan for a sale ("clean-up") – Inconsistent accounting of long-term projects – Inventory accounting issues (or lack

Cayne Crossing mid-year highlights. We appreciate all the support from our network which has contributed immensely to a strong H1 2024! - 83 projects across 68 unique clients of searchers, family offices, PE, independent sponsors, and strategics - Hired 4 new experienced team

Dead deals hurt, but identifying the issue(s) early make it hurt less. Check out this feedback our team got after a deal breaker was uncovered early in the FDD process⬇️ "It was great working with you. You literally saved me $2.5m and I could not be more thankful for all of your

WSS: Bruce, I have an executed LOI for $4,250,000 and wish to work with you to help get this done for me. Task accomplished, deal approved, commitment letter signed! Now, read why this deal didn't close and valuable lessons learned 👇

Need advice! We're excited to be leading a tactical session on "QofE, Financial & Tax Diligence". Searchers of X, what do you actually want to hear about?? Derek Pitts

We're heading to Dallas this weekend for the Self-Funded Search Conference. Will any of my followers be there? Hope to meet you there! Still some spots left through tomorrow - link below selffundedsearchconference.com/ticket

We had an awesome experience at the Self-Funded Search Conference in Dallas last weekend. Packed house with 270 self-funded searchers, incredible! Honored we had the chance to contribute as a sponsor and speaker for the tactical session on QofE, Financial & Tax Diligence.

Special thanks to an all star deal team that made it possible: SMB Attorney Chris Williamson Lisa Forrest

Always special getting the team together when you work in a fully remote environment. Celebrating a great 2024! Just missing our Philippine based team members! Derek Pitts Andrew Thornton Chase Duvall

What is a preferred return? 💸 In investment funds and syndications, the preferred return (also called a "pref") is a priority return to LPs before the GP can take carried interest (the GP's share of profits). A common waterfall with a pref might look like this: 1⃣ First,

🚨 Doge Declares War on SBA: Trump’s New Rules Shake Up Business Buying ! If you're planning to buy a small business with SBA financing, major changes are coming. Effective June 1, 2025, SOP 50 10 8 introduces new rules that could impact your deal. Here's what you need to know

Atlanta SMB and ETA community - We're hosting a happy hour 🍻 next Wednesday, Sep 17, in partnership with Search Fund Coalition and Andrew Hoffman // Search Fund Coalition RSVP to join us! luma.com/atlhh925

We're hiring a remote Client Accounting Manager at Cayne Crossing. Client facing, QuickBooks heavy, small business focused. Link below if you know someone great! linkedin.com/jobs/view/4387… #Taxtwitter #Accounting