CMG Managing Director Terry Hannafin will be moderating the Exit Planning Exchange (XPX) Long Island Chapter’s virtual event ““Where are we now? Advising clients in the New Normal” on September 11, 2020 It’s been over six months since the world abruptly pivoted to a virtual reality, and it is unlikely to return to normal for […]
To Ensure a Successful Outcome, Know “Why”… Not Just “How Much” Maximizing the value of your Company is critically important when selling a Company…but proceeds are not everything.Before pursuing a transaction, sellers should carefully evaluate the “why” behind a sale, not just ”how much”. Identifying core financial and non-financial objectives at the outset will provide […]
CMG Managing Partner Michael Carter will be a featured panelist on an upcoming webinar titled “Masterclass on Selling a Mid-Market Business” produced by Divestopedia, an internet resource for entrepreneurs who want to sell their businesses. CMG Managing Partner Michael Carter will be a featured panelist on an upcoming webinar titled “Masterclass on Selling a Mid-Market […]
“The only thing we have to fear is… fear itself.” – Franklin D. Roosevelt Every M&A transaction is an emotional roller coaster for both the owners and employees. Business owners have the ability to either alleviate fear or exacerbate it, so it is essential to set the right tone and carefully manage the message. […]
“If every instinct you have is wrong, then the opposite would have to be right”– Jerry Seinfeld When it comes to selling a business, owners need to think differently than when managing day-to-day operations. The instincts and tactics that make them successful growing their companies are often wrong when exploring an exit. Do […]
“In the Middle of Difficulty Lies Opportunity” -Albert Einstein History has shown that crises present unique opportunities to grow shareholder value through selected acquisitions. Now may be the perfect time to go shopping. Well-Managed Companies Now Have Their Houses in Order From an operational point of view, most of our clients have […]
Carter Morse & Goodrich is pleased to announce that it has added two new members to its Board of Advisors. Formed more than a decade ago, CMG’s Board of Advisors consists of prominent business professionals from industry sectors that are important to CMG’s mission and its clients. Joining the board are Mrs. Nicole Russo, the […]
Your ability to track and quantify the financial impact of COVID on all facets of your business will have broad valuation implications for years to come. How did the business perform during COVID-19? This will undoubtedly be the new question owners will need to answer for years to come. COVID-19 will have both short-term […]
CMG Managing Partner Ramsey Goodrich was a featured speaker on the Exit Planning Exchange’s (XPX) virtual discussion series with professionals advisors for middle market business owners. The format of the discussions is a rapid fire set of seven-minute “TED-Talk” style updates from experts in the middle market community. Ramsey Goodrich presented on the current state […]
CMG Managing Partner, Michael Carter will be presenting on how transaction lawyers can increase the likelihood that the letter of intent (LOI) becomes the foundation for a successful transaction. Michael Carter will highlight the issues that are most problematic, discuss the gamesmanship that occurs and provide advice on how to reduce a clients’ transaction risk. […]