News & Insights

If you’ve ever talked to a banker, investor, or potential buyer, chances are you’ve heard the term EBITDA thrown around. It sounds technical, but the idea behind it is actually pretty simple—and very useful for business owners. EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. In plain English, it’s a way of measuring how much money your business generates from its core operations, before certain financial and accounting factors are taken into account. Think ...

When business owners begin thinking about selling their company, one of the first questions they ask is, “What is my business worth?” While there are several methods used to value a business, one of the most common—particularly for small and owner-operated companies—is Seller’s Discretionary Earnings (SDE). Seller’s Discretionary Earnings represents the true economic benefit a single owner receives from operating the business. It is different from the net income figure at the bottom of you...

As a business broker, you understand that preparing a business for sale is a critical step in ensuring a smooth and profitable transaction. Buyers are looking for clean, organized, and well-managed operations, and any red flags can delay or even derail the sale. That’s where RC Kelly Law Associates can help. Our team of experts specialize in assisting brokers and their clients in getting businesses buyer-ready by addressing the legal, compliance, and operational details that matter most.

If you have never had a fee dispute arising from a buy/sell transaction, congratulations! But, fee disputes can happen to even the most diligent business brokers. Sometimes fee disputes arise simply because the client is unwilling to pay the fee because they may not fully appreciate the effort and value the broker contributed to the result. Other times fee disputes arise when there is a gap between the transaction results and client expectations. Since fee disputes can happen to even the most di...

Selling your business can be a monumental decision—one that can potentially shape your financial future and legacy. However, before you take the plunge into the world of business transactions, it's crucial to consider a few key factors to ensure a smooth and successful sale.

When change is the only constant in the business world, organizations need to equip themselves with a strategy that ensures continuity and adaptability. Succession planning emerges as a linchpin, offering a roadmap for businesses to navigate the future. Let’s explore the what, why, and how of succession planning and its transformative impact on organizational resilience.

As Small Business Saturday approaches, the spotlight turns to the heart of our communities – the local businesses that bring vibrancy and uniqueness to our neighborhoods. This year, we invite you to consider how legal support can be a catalyst for the success of your small business.