The Merits, Risks, and Possible Unintended Consequences of Earn-Outs

Listen to this Blog Post When acquiring small to medium sized businesses, buyers often utilize a tool called an “earn-out”, which is a form of contingent consideration that sellers may receive at some point in the future in addition to the cash that they stand to receive at closing. Though earn-outs can be useful andContinue reading “The Merits, Risks, and Possible Unintended Consequences of Earn-Outs”

Constructing, Managing, and Working with a Board of Directors

Listen to This Blog Post Though most people have experience reporting directly into a boss or manager of some sort, very few people can say that the “boss” into whom they report is represented by the company’s Board of Directors. Indeed, in most companies, only a single person (namely, the CEO) can make such aContinue reading “Constructing, Managing, and Working with a Board of Directors”