Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Top Links You Must Click On


Randy Siller: Selling a Business Is Key Skill for Entrepreneurs
A Recent Article Highlights the Importance of Learning How to Sell a Business -- Drawing the Attention of Randy Siller

NEW YORK, NY -- (Marketwire) -- 02/04/13 -- For the serial entrepreneur, selling a business can prove a fairly common occurrence; for other business owners, however, the mere idea of selling a company can seem daunting. According to a recent article from Link 2, selling a business is a skill that every business owner should have. The article notes the importance of honing this skill set, which includes mastering the timing, learning to negotiate well, and evaluating the company's true worth. These comments on selling a business have earned the attention of wealth analyst Randy Siller, who has responded to the article with a press statement.

"Proper planning for the sale of a business is critical for the owner of any closely held business," Siller affirms, in his new press statement. He goes on to offer some advice for business owners preparing for the sale of their companies. "An often overlooked tool in helping the business owner through this emotional process is the Financial Independence Model. Through the use of proper modeling, the business owner can see ahead of time the impact of various sale scenarios on his or her ability to maintain a desired lifestyle."

Randy Siller explains the benefits of this approach. "This can be a tremendous help during negotiations," he remarks. "It can help the business owner determine not only an acceptable price but the terms as well. For example, if an earn-out is proposed, the business owner can know ahead of time what guarantees should be built in to allow them to reach their own goals for financial independence."

Siller offers further insight. "Another example would be an offer that includes keeping the business owner on as an employee for a period of time. For how much time -- and for how much money -- should the business owner stay on? Through proper modeling the impact of all of this can be determined, helping business owners meet their own financial goals."

Randy Siller says that matters of taxation are also important to consider. "Most sales of closely held businesses are done as 'asset sales' as opposed to stock, or partnership (or LLC) unit sales. Why? The purchaser does not want to take on any unknown liabilities. The purchase of 'assets' is the common way to avoid that."

Continues Siller, "What does that mean for the seller? If the business is an LLC or partnership, there is generally nothing to be concerned with. On the other hand, if the business is a C Corporation or an S Corporation that converted from a C Corporation within the last 5 years (for those that convert in 2012 or 2013), then the impact can be big. The problem is that there can be a double tax, if the corporation still has what is known as Earnings and Profits from its C Corporation years. There will be a tax at the Corporate level, then the net proceeds will be subject to tax again when the Corporation makes a distribution to the business owner."

This is where planning comes into play, Randy Siller says. "Are there ways to avoid this double tax? Yes, with proper planning. In addition, the use of techniques like the Capital Gains Bypass trust can often be used to reduce the tax impact, even if the business is already an LLC or partnership."

"The bottom line is that planning ahead, which should include running various scenarios through a Financial Independence Model, can put the business owner in a significantly better position post-sale," concludes Randy Siller.

ABOUT:

Randy Siller is a veteran of the financial services industry, and a founding partner of the firm Siller & Cohen. For more than two decades, the firm has offered wealth advisory services to families, individuals, and businesses across the country. Randy Siller has been cited in numerous publications, including Time and Fortune.

Registered associates of Siller and Cohen are registered representatives of Lincoln Financial Advisors Corp. Securities and advisory services offered through Lincoln Financial Advisors Corp., a broker/dealer (Member SIPC) and registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Siller and Cohen is not affiliated with Lincoln Financial Advisors Corp. CRN 201301-2076318

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Enterprise Open Source Magazine Latest Stories . . .
Few companies are able to implement Agile Development across the organization because there exists a chasm between the Application Development team and the Database Administrators. All too often, database development is an afterthought in Agile Development. Developers perfect how be...
AppDynamics role with Cloud Foundry is two-fold. First, as a member of the foundation, we’ll offer our unparalleled performance monitoring and cloud experience to help define the standards for the initiative, dedicating resources and contributing code in the true open-source spirit. Se...
The Log Shipper Poll results are in! We run Logsene here at Sematext, so we wanted to know what people like to use to ship their logs. Before we share the results, a few words about the poll: We published it here on our blog on September 22, 2014 We automatically tweeted it and p...
"Our premise is Docker is not enough. That's not a bad thing - we actually love Docker. At ActiveState all our products are based on open source technology and Docker is an up-and-coming piece of open source technology," explained Bart Copeland, President & CEO of ActiveState Software,...
Apache Spark is an open-source, large-scale data processing engine built on top of the Hadoop Distributed File System (HDFS) and enables applications in Hadoop clusters to run up to 100x faster in memory, and 10x faster even when running on disk.  So it’s not surprising the usage of Sp...

I once said on stage at Glue that the reason I loved node.js was, quite frankly, that it's a language and with a programming language you can do, well, anything.

But like most things just because you can, doesn't always mean you

Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE