Deal Structures: Legalities to Negotiate When Selling a Business

The number of negotiable components in business deal structures can seem exciting at best, terrifying at worst, and certainly overwhelming to anyone closely impacted by the deal’s results (i.e., the seller and the buyer). We created this four-part series to provide helpful information to entrepreneurs like you by dissecting the significant parts of a business deal; this article is Part …

What is Amortization in EBITDA? How to Understand & Calculate EBITDA

At Viking Mergers & Acquisitions, we consistently express to our clients that performing a valuation of their business is the first step in planning a successful exit strategy. Business valuations include many moving parts, and understanding specific components of the process can give an entrepreneur an idea of what their business is worth. What Is EBITDA? What Is It Used …

Deal Structures: How to Negotiate Assets Conveyed

Selling a business includes many opportunities for negotiation – but you can only benefit from these opportunities if you are familiar with the different components of a business deal. We created this four-part series of blogs to pull back the curtain on business deal structures and provide helpful information to entrepreneurs like you. This article is Part Two. When a …

Complete Checklist for Selling a Business

Without proper direction, selling a business can quickly become overwhelming and chaotic. Organizing the process into concrete tasks will help keep priorities in order and ensure that important things don’t fall through the cracks. Selling a Business Checklist: #1 Gather Advisors Find the following professionals to advise and assist you in the process of selling your business. As you progress …

Seller’s Discretionary Earnings Explained

Seller’s Discretionary Earnings Definition Seller’s Discretionary Earnings (SDE) is a cash-flow-based estimate of the total financial benefit a full time owner-operator derives from the business on an annual basis. This measure helps compare the cash flows and values of businesses by “recasting” or “normalizing” their financial statements. The nature of the SDE allows prospective buyers, lenders, and investors to estimate …