Mirus Capital AdvisorsMirus Capital Advisors

October 2014

Wednesday, October 29, 2014

Partnering with an eye toward exit strategy

Ok, so you have “partners” for your business and of course like most partners they are more interested in what you can do for them than how to jointly grow your businesses.  You may even wonder if it is worth the effort, and in fact many non-revenue generating relationships may not be.  But as in […]

Tuesday, October 28, 2014

Top Three Deal Killers to Avoid

Few experiences in business are more harrowing than having a deal to sell your company fall apart. While the ups and downs of a deal are inevitable, having your transaction get permanently derailed is not. When a deal crashes and burns, the repercussions on your business can be significant and long lasting. Company performance may […]

Monday, October 20, 2014

Advice to Ski Area Operators: Gather Your Data

Several years ago, Stratton Mountain commissioned a study that recommended he raise the price of a Stratton lift ticket.  Stratton knew that by doing so it would  be losing a number of weekend ski clubs, but Stratton also realized that losing the buses would result in a better experience for the rest of Stratton’s guests […]

Wednesday, October 15, 2014

Three Key Barriers to Resurrecting a Struggling Ski Resort

There is a movement going on in the cold weather recreation/resort world. The movement is to save cold weather, outdoor recreation venues – specifically ski areas. From closing…for good. In the Northeast alone, Tenney Mountain in New Hampshire, Hickory Ski Center and West Mountain in New York, and Saddleback, Mount Abram, and Lost Valley in […]

Wednesday, October 08, 2014

Valuing the intangibles: What’s Your Company Really Worth?

A trusted advisor has suggested you meet with an investment banker.  You respond, “I’m focused on growing my business…not selling it.  Besides, investment bankers are in interested closing fees and not much else.  The last banker I met summed up my company’s value at 3-5x EBITDA based on a quick 5-minute glance at my financial […]

Friday, October 03, 2014

SMB CEOs Say: The Economy Has Finally Turned the Corner

The Q3 2014 Vistage CEO Confidence Index just came out, and 75% of the CEOS surveyed anticipate revenue gains over the next 12 months, although only 38% believe that overall economic conditions in the US will be better in the next 12 months.  That seems like a strange contradiction to me; or maybe, it’s just […]