ᯓ➤ Ben - CIMs for M&A @CIMbuilder

Posts on how to analyze, buy, and build to sell businesses 🤝 2x founder with a passion for M&A @ https://t.co/mLOuDPBHWn and https://t.co/8fT5iaU0MC (coming soon) Joined June 2018

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ᯓ➤ Ben - CIMs for M&A @CIMbuilder

a hour ago

In 2003, Steven Brill, founder of Court TV and American Lawyer magazine, founded Verified Identity Pass and launched the CLEAR program as a response to the September 11th attacks. The concept was simple: pre-screened travelers could skip long airport security lines through…

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ᯓ➤ Ben - CIMs for M&A @CIMbuilder

9 hours ago

Funny story. We developed a CIM for a company. Then we developed an Investor Deck for an investment group to raise capital based in their targets under LOI. The Investment Group's target was the company we prepared the CIM for. Full-circle!

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ᯓ➤ Ben - CIMs for M&A @CIMbuilder

11 hours ago

Distressed business acquisitions actually have limited downside and substantial upside. Let me explain. By purchasing at or near liquidation values with a solid strategy to re-establish going concern, you're essentially establishing a valuation floor. If your turnaround…

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ᯓ➤ Ben - CIMs for M&A @CIMbuilder

a day ago

Distressed business acquisitions shouldn't be scary. I'm on a mission to make it accessible to all of you searchers, ETA'ers, and acquirers. Link in comments.

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ᯓ➤ Ben - CIMs for M&A @CIMbuilder

2 days ago

Building a business from 0 to 1 at least once (even if it resulted in failure) should be a pre-requisite to acquiring a business. The scrappy entrepreneur who survived the trenches on their own has serious advantages over the acquisition entrepreneur without startup…

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ᯓ➤ Ben - CIMs for M&A @CIMbuilder

a day ago

Have you heard of the term "going concern?" Going concern assumes a business will continue operating normally for at least the next 12 months without needing to liquidate assets, cease operations, or seek bankruptcy protection. Under the going concern principle, assets are…

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ᯓ➤ Ben - CIMs for M&A @CIMbuilder

a day ago

What do you want to learn about distressed business acquisitions?

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ᯓ➤ Ben - CIMs for M&A @CIMbuilder

2 days ago

When a PE group acquires a local market leader and runs it into the ground, there is hole that develops in that local market for that service. Competitors (including bootstrapped new businesses) will inevitably fill that hole. And PE will come along and acquire the local market…

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ᯓ➤ Ben - CIMs for M&A @CIMbuilder

2 days ago

The first 3 steps to take when your business is in distress... 1) If you can afford it, consider hiring a turnaround consultant to help you create an action plan The key is getting an objective outside perspective quickly, because when you're stressed and overwhelmed, it's hard…

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ᯓ➤ Ben - CIMs for M&A @CIMbuilder

3 days ago

Some tips if you're SELLING your distressed business... - If possible, exit during your industry's peak season when metrics look best - Lead with addressable problems rather than trying to hide them - Show a clear turnaround plan with quick wins identified to facilitate a…

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ᯓ➤ Ben - CIMs for M&A @CIMbuilder

3 days ago

Have you heard of the 13-week cash flow model? For distressed businesses, the 13-week cash flow is the primary management tool because it answers THE most critical question: "Will we run out of cash, and when?" A 13-week cash flow forecast is a short-term liquidity planning…

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ᯓ➤ Ben - CIMs for M&A @CIMbuilder

3 days ago

Some tips if you're buying a distressed business... - Target businesses in "boring" industries that others overlook (they often have steady cash flows despite temporary problems) - Focus on companies with good underlying assets but poor management or capital structure issues -…