If you own an interest in a closely held business, whether a collision repair shop, brewery, restaurant, manufacturer, distributor or contractor, no matter the industry, it’s critical to have a well-designed, properly funded buy-sell agreement. It provides a business’s owners and their families with valuable protection and assures continuity in the business. THE RISKS The . . .
The one consistent issue in the restaurant industry is the inability of small, start-up or emerging restaurant companies to find a source of early-stage financing, particularly equity capital. Further, it is rare for an intermediary (such as a broker/dealer) to do fundraising and be involved with emerging restaurant companies. What is the solution? Let’s first . . .