Prairie Capital Advisors

The assessment of capital adequacy, the need for capital restructuring and the strategy of capital raising are a fundamental part of both organic and acquisition-based growth. Each requires a defined strategy for both the short and long term that is distinct from day-to-day financing activities to a degree that many companies don’t address longer term Continue Reading »

As illustrated in last week’s blog post, the right advisors are vitally important as a business grows. Just as in the case of owners, however, these individuals’ responsibilities can also expand and increase in complexity beyond their capabilities. This does not necessarily mean you need to take Old Yeller back behind the barn and shoot Continue Reading »

The longer you operate and the larger your business becomes – the greater the chance you will encounter situations outside the scope of your experience and expertise. And that’s just the way it should be. You are an expert at what your business does. This should be your focus. Challenges and issues that demand additional Continue Reading »

As with many aspects of family business transition, when it comes to Estate Planning timing truly is everything. If you’re contemplating an ownership transition strategy in the next 2-4 years – you might find that the estate planning environment is going to change on you. With the right amount of lead time, business owners will Continue Reading »

Valuation can and should play an integral role in decisions throughout the evolution of your business. And having a strong understanding of what your business is worth will play an especially important role in establishing and reaching realistic goals for your estate. An accurate valuation should reflect the economics of not only the company itself, Continue Reading »

Your business partner suddenly decides he wants to leave the company you both started twenty years ago so he can live his life-long dream. Or perhaps he has simply lost interest in the company and wants you to take over. In the worst-case scenario, you realize your personalities do not mesh after all and your Continue Reading »

The economic challenges of the recent recession have caused many business owners to put off their ownership transition plans. For quite some time, a reduction in strategic buyer interest and a lack of lending dollars to finance transactions made it a less than ideal time to sell, especially for those owners who were looking to Continue Reading »

In a small town, your business likely serves as the lifeline for many residents. It puts roofs over many of the residents’ heads, clothing on their backs and food in their families’ stomachs. Often small towns have few other employment options and any change in the business can impact the economic and social condition of Continue Reading »

To begin the estate planning process, tax and legal advisors are cornerstones of any team that owners of closely held businesses must assemble. What many business owners overlook, however, is the importance of qualified valuation guidance early on as part of this process. Certainly, everyone will be focusing on the defensibility of necessary valuations after Continue Reading »

Taxes. The word alone can cause heart palpitations and a racing pulse for a business owner. And this effect can be ten-fold when it comes to the tax implications and impact during an ownership transition. For an owner of a closely held business, the prospect of transitioning the business internally or externally can seem complicated Continue Reading »