Moving on up, or more commonly phrased as “taking your business to the next level,” is the intention of virtually every company, startup or entrepreneur’s dream. While going it alone or bootstrapping may be the goal of many, in more instances than not help is required from outsiders. Running any kind of business takes loads…
DetailsA prepackaged Chapter 11 bankruptcy, also known as a “pre-pack,” was developed for companies seeking a simplified yet complete restructuring from bankruptcy. The pre-pack offers a quick exit from bankruptcy in anywhere from three to 12 months. As with any Chapter 11 proceeding, the debtor must work closely with creditors to negotiate and reach…
DetailsWhen a company sells a fixed asset, such as a piece of equipment, the accounting records need to properly track the sale, otherwise known as disposal, of that asset. These transactions are often crucial for the overall health of the business, especially if a company is attempting to tee itself up for a merger or…
DetailsIf you’re launching the due diligence process for your firm’s next (or first) acquisition, you may be wondering if using Dropbox for due diligence is okay. Have you been tasked with managing your company’s capital-raising initiative and need a way to share sensitive information? If so, then your “to-do” list probably includes finding a solution…
DetailsThe practice of combining (or merging) two different companies certainly sounds easy enough in theory; however, in virtually every instance there is much more to the transaction than is visible on the surface. Every occurrence of a merger and acquisition (commonly abbreviated as M&A) has its own unique nuances, and their success depends on a…
DetailsBusiness owners, CIOs, and IT leaders have choices when it comes to file sharing solutions. But how do you evaluate the best secure filing sharing for business? What are the must-have features? How can a virtual data room provide a more reliable way to share documents versus other Software as a Service (SaaS) solutions? …
DetailsWherever you work, it is very likely that your company is at least somewhat reliant on Google Drive to do business. This makes perfect sense when you consider the general ubiquity of Google products and user familiarity. (Can you remember the last time you used another search engine?) But the easy choice is not always…
DetailsWhen it comes to the wild world of corporate mergers and acquisitions, understanding the different merger options available to companies is crucial to building a successful business strategy. So what is the difference between a forward merger, a forward triangular merger, and a reverse triangular merger? Learn about the steps, benefits and limitations of each…
DetailsSensitive business operations like private equity transactions or M&As often require enhanced due diligence, a process in which dozens of professionals review hundreds of pages of documents in order to help buyers size up companies, and vice versa. While this process has largely moved online, selecting a platform that enables individuals to access and share…
DetailsIf you’re considering investing in an SaaS product to compile, share and sign files easily — especially for sensitive financial information — you may wonder whether you should use a transaction room or virtual data room (VDR) for file sharing. Understanding the difference in the technology, features and scenarios when choosing a VDR over a…
Details
