Book your flights early this year! Even though school just started, we already have to book our winter or spring break trips before it’s too late. Planning and preparation well in advance, whether for a vacation or a capital raise, is as important as ever – here are our back-to-school travel tips for middle market businesses:Book your flights early this year! Even though school just started, we already have to book our winter or spring break trips before it’s too late. Planning and preparation well in advance, whether for a vacation or a capital raise, is as important as ever – here are our back-to-school travel tips for middle market businesses:
- Book your flights in advance: If you foresee the need to raise capital – for a cash cushion, refinancing, or for shareholder liquidity – don’t wait until it’s too late and there are only “middle seats” available.
- Create a detailed itinerary: Maintain frequent communication with existing stakeholders. An honest, early assessment of your capital requirements (and the steps to achieve them) maximizes the likelihood of a successful outcome and “no missed connections.”
- Outline your packing list: Investors are increasingly vigorous with due diligence and underwriting criteria. Prepare and clean up your financials, ensure the proper systems and internal controls are in place, and commission a quality of earnings report (“QoE”). Be prepared for what’s to come – don’t end up having to overpay at the “hotel gift shop” for all the stuff you forgot to pack!
Connect with Our Team
- Jonathan Zucker, Managing Director, Head of Capital Advisory, jzucker@IntrepidIB.com
- Boris Zikratov, Director, Capital Advisory, bzikratov@IntrepidIB.com
- Stephen Senior, Associate, Capital Advisory, ssenior@IntrepidIB.com