succession Archives - GeneMarks.com

Guardian

Your company is not your family. And you should be thankful it’s not

(This column originally appeared in The Guardian) Brian Chesky, the CEO of Airbnb, just made a very honest admission: “It is true that a company’s…

Gene MarksJune 23, 2024

Accounting Today

The Succession Advisor: Don’t use a multiplier to value a business

(This column originally appeared in Accounting Today) If you want to sell your business and you’re in the construction industry, the purchase price of your…

Gene MarksJune 24, 2023

Accounting Today

The Succession Advisor: The numbers that matter

(This column originally appeared in Accounting Today) There are literally hundreds of internal metrics and reports people use to evaluate businesses, and many of them…

Gene MarksMay 27, 2023

Daily Herald

ESOP plans are growing in popularity as a great way for a business owner to exit

(This column originally appeared in the Daily Herald) According to data from the U.S. Small Business Administration, more than half of small-business owners are over…

Gene MarksMay 22, 2023

Accounting Today

The Succession Advisor: 24 docs you need to sell a business

If you or a client of yours is planning on selling a company, here are 24 documents you’re going to have to show to any…

Gene MarksApril 21, 2023

Accounting Today

The Succession Advisor: Are NDAs worth it?

(This column originally appeared in Accounting Today) You’re preparing to potentially put your business up for sale and now you’ve reached a critical moment: bringing…

Gene MarksMarch 31, 2023

Accounting Today

The Succession Advisor: Teaming up to sell a client’s business

(This column originally appeared in Accounting Today) Many years ago when I was a controller at a publicly held company, I was involved in a…

Gene MarksFebruary 24, 2023

Philly.com

What happens to a family-owned business when the owner dies?

(This column originally appeared in the Philadelphia Inquirer) More than half of U.S. small businesses are owned by people over the age of 50, according…

Gene MarksDecember 20, 2022