Insights

Videos, articles, & advice from Kirk and his network, to help successful founders find better outcomes.

Mike Simpson Mike Simpson

Make the SPACs Compete for Your Business

If you're a founder who's been approached by a SPAC about buying into your business and taking it public, don't take the first offer. Put the SPACs in competition. There are more than 300 active SPACs looking for private businesses like yours, and if that's an attractive path for you and your company, use an advisor to drive price, or terms, or legacy, and maybe a combination of all three!

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Mike Simpson Mike Simpson

Should you Sell to a SPAC?

If you're a #founder thinking about selling your business, and you've been approached by a SPAC, or by an investment banker representing a SPAC, this 2 1/2 minutes could be really valuable!

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Knowing Your Why Mike Simpson Knowing Your Why Mike Simpson

How to Deal with Poor Business Partners or Misaligned Shareholder Interest

Need help sorting some things out?

Suffering from misaligned shareholder interests or have the wrong financial partners, or maybe you just need more or better capital sources?

We've got a proprietary database of funding options to fit each unique circumstance.

Going through a divorce? Death of a co-founder? Expensive debt threatening the continued success of the business?

We have a network of resources and capital providers to address these issues and many more.

Maybe you and your partner no longer see eye to eye and it’s just time to move on, but you don’t have the capital to buy him out.

Or maybe you’d like to continue, but your partner wants to retire, and neither of you has the capital to go forward while allowing for these divergent paths, so you’ll need to sell or wind down the business.

We have dozens, if not hundreds of growth equity, structured finance, and traditional private equity firms in our network that are set up specifically to provide capital to solve these dilemmas.

We can help!

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Mike Simpson Mike Simpson

Management Impulses that don’t scale with a business

Every founder hits a point in their company growth, which in our observation happens between $10mm-$50mm of revenues or when they have more than 20 employees, where their impulses, the entrepreneurial instincts that worked so well in the early life of their business, no longer seem to be effective. And when that impacts the value or transferability of their company, that's where we excel. We're expert at professionalizing the parts of your business that enhances value, and maybe even more importantly, at guarding against the things that could derail a successful transition.

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Mike Simpson Mike Simpson

4 Agreements of Due Diligence

If you're a founder, the due diligence process in a buyout or recapitalization transaction for your business might feel invasive, and maybe even accusatory and insulting. To navigate the process, lean on your advisors and practice four simple (not easy) principles for a successful outcome.

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Mike Simpson Mike Simpson

Seller Expectations and Market Realities

The gap between Seller Expectations and Market Realities in buyouts can often be solved with structure; earn outs, rolled equity, seller notes, and other tools. With a willing buyer and motivated seller, there's always a way to get a deal done.

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Seller Expectations Mike Simpson Seller Expectations Mike Simpson

What Does it Mean for Founders to “Take Chips Off the Table”

What does it mean for Founders to “take chips off the table”? Many small business owners paused sale or transition plans due to the pandemic, but data from M&A sources continue to point to this being a unique moment with plentiful inexpensive capital for buyers, making it a seller’s market for high quality companies. Just might be time to find out what those M&A types mean when they talk about “taking chips off the table” …

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Mike Simpson Mike Simpson

How can Candor Advisors Help my Business?

Founders are busy! They need us to be clear, quick, and specific when they ask, how can you help my business? Candor Advisors works with one kind of client in 3 specific ways…

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