What is a Data Room?
A data room is the secure, organized repository of documents and information made available to buyers and their advisors during the due […]
What is a Confidentiality Agreement (NDA)?
A confidentiality agreement, also called a non-disclosure agreement or NDA, is a binding contract that prevents a prospective buyer from disclosing or […]
What is the Difference Between Closing and Post-Closing Adjustments?
Closing adjustments finalize the purchase price at completion based on the actual financial position delivered; post-closing adjustments settle any remaining differences after […]
What is Closing and Completion?
Closing is the moment a transaction legally completes, when funds are transferred, documents are executed, and ownership of the business formally changes […]
What are Clean Financials?
Clean financials are financial statements that are accurate, consistently prepared, free of personal or non-business expenses, and presented in a way that […]
What is the Difference Between an Asset Sale and a Share Sale?
In an asset sale, the buyer purchases specific assets and liabilities of the business; in a share sale, they purchase the shares […]
What is the Value Acceleration Methodology?
The Value Acceleration Methodology is the Exit Planning Institute’s structured framework for building business value deliberately over time, aligning the owner’s business, […]
What is Transferable Value?
Transferable value is the portion of enterprise value that would survive if the owner stepped away, the share of what the business […]
What is Transferability?
Transferability is the degree to which a business can operate, perform, and retain its value after ownership changes, independently of the person […]
What is the Three Legs of the Stool?
The Three Legs of the Stool is the Exit Planning Institute’s framework for a successful exit, representing business readiness, financial readiness, and […]
What is Systems and Process Documentation?
Systems and process documentation is the written, organized record of how a business operates, the step-by-step processes, decision frameworks, and operational standards […]
What is Structural Capital?
Structural capital is one of the four intangible capitals in the Value Acceleration framework, measuring the systems, processes, and institutional knowledge that […]