Candor Advisors
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Kirk Michie is the founder of Candor Advisors. For more than 30 years, Kirk has worked with entrepreneurs, closely-held business owners, and high net worth families to achieve their strategic planning, liquidity, investment, and legacy objectives. Through this blog, you'll find his insights, videos, articles, and tips on fiance.
Candor Advisors
6d ago
Do terms like ARR, NRR, and logo retention ring a bell? Candor Advisors is your go-to partner for software business exits ..read more
Candor Advisors
6d ago
Without multiple interested parties, you're stuck being a terms taker instead of a terms maker. But fear not! There's hope on the horizon ..read more
Candor Advisors
6d ago
As founders consider exiting their businesses, it's crucial to understand the landscape of potential buyers, which can broadly be categorized into strategic and financial types ..read more
Candor Advisors
2w ago
In the financial landscape, two key metrics often stand at the forefront of business valuation and analysis: EBIT (Earnings Before Interest and Taxes) and EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization ..read more
Candor Advisors
1M ago
Are you the sole or primary owner of an S-Corp. or LLC? Thinking you don't have a cap table or don't even know the term? Here's a critical heads-up going into a sale -- you have to prove it with documentation ..read more
Candor Advisors
1M ago
Thinking of selling your business and wondering how you'll be taxed? While we're not accountants we've done a lot of deals and seen plenty of good (and bad!) planning ..read more
Candor Advisors
1M ago
By understanding the implications of debt on the sale process, sellers can navigate negotiations more effectively and maximize the value of their businesses ..read more
Candor Advisors
2M ago
As a founder, thinking about selling your business, understanding the importance of safeguarding sensitive information is paramount. In the video we highlight the indispensable role of non-disclosure agreements (NDAs) and confidentiality agreements in protecting a company's strategic assets ..read more
Candor Advisors
2M ago
Are you a business owner contemplating selling your company? If so, you've likely encountered terms like Indication of Interest (IOI) and Letter of Intent (LOI) during discussions with potential buyers. Understanding the disparity between these terms is crucial for navigating the sales process effectively ..read more