Transaction Readiness: Preparing Today to be Your Best Tomorrow
Selling your business can be overwhelming, but preparation is key. Much like prepping a home for sale, businesses need to ensure their financials and future growth plans are in order. In this post, we outline five steps to fast-track transaction readiness, from organizing three years of financials to building a 12–36 month financial plan. Don’t wait until it’s too late—prepare now to maximize value when that buyer comes knocking.
606 & 842 – Why These Numbers Should Have Your Attention
Private companies using accrual accounting must prepare for two key accounting standards: ASC 606 for revenue recognition and ASC 842 for lease accounting. ASC 606 impacts how companies recognize revenue, especially in industries like healthcare and SaaS. ASC 842 requires companies to report operating leases as liabilities on the balance sheet, increasing financial transparency. Both standards have significant implications for private companies and require careful attention to compliance.
Our 3 Key Takeaways From 36|86 Conference
The Inflammo team recently attended 36|86, the South’s premier tech and entrepreneurship conference in Nashville, TN. From inspiring talks by leaders like Steve Case and Fred Smith to engaging discussions on diversity, 3D printing, and raising capital, the event was full of valuable insights. Key takeaways include focusing on building a better business, identifying your company’s competitive advantage, and remembering that while business is driven by numbers, personal values and relationships are what leave a lasting legacy.
Our Takeaways from Health:Further 2016
At the Health:Further 2016 conference, experts shared insights on securing VC funding and preparing for a business exit. Key takeaways include starting early, knowing your audience, and being concise yet detailed. For exits, building out your data room and tracking essential metrics early can set you up for success. Inflammo helps growing businesses navigate funding and transaction readiness.
12 Reasons Startups Miss out on Funding
Danielle O’Rourke, CEO and Fund Manager at ROND Capital, shares insights on how entrepreneurs can succeed in pitching to venture capital firms. Avoid common mistakes like presenting an amateur pitch deck, demonstrating a lack of market understanding, and having unrealistic growth expectations. Focus on storytelling, know your audience, and articulate a well-thought-out growth strategy. Learn how to make your business stand out as an investment opportunity.
Positioning Your Company for a Future Transaction: Graham Hunter
Graham Hunter, Principal at Heritage Group, shares key insights on venture capital and preparing for successful capital raises. With experience in healthcare-focused investments, Graham discusses what investors look for, common mistakes entrepreneurs make, and how companies can position themselves for long-term growth and success. From understanding financial projections to building a strong customer base, Graham offers advice for business owners seeking investment capital.
When Needed Cash Isn't Wrapped Under the Tree
With your 2016 budget in place, it’s time to turn your attention to the one thing that could make or break your success this year: cash. In this post, Inflammo kicks off a three-part series, offering insights from top professionals who have successfully secured investments and exits. We explore three key questions to help you transition your budget into an investable story, ensuring you have the capital needed to turn your plans into reality. Don’t let cash flow concerns dampen your holiday spirit—Inflammo is here to guide you through the strategic finance process.