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Structuring Your Small Business with Chris Talis

posted by David Wolf on Dec 28, 2008 | Comments (50) | Permalink | Trackback URL

Chris E. Talis
CPA, MBA and Senior Partner at Hedgerow Mergers & Acquisitions

Chris Talis

Chris Talis is my guest in this episode of The Smallbiz Brain.

Mr. Talis, Hedgerow founder and Senior Partner, has intimately dealt with the vital issues surrounding middle market

companies his entire career. His diverse background includes business consultancy; debt and equity placements; business

valuation; mergers, acquisitions and divestitures; financial analysis; succession planning; and exit strategies.

His career began at Campos Stratis, a world-renowned forensic accounting firm; he then expanded to Merrill Lynch in Foreign

Securities. Mr. Talis later became controller for a middle-market industrial machine distributor, and served as Director and

Treasurer for this multi-state corporation. Thereafter, he co-founded Zisa Talis, a New Jersey accounting partnership and

subsequently formed his own accounting and consultancy firm offering wide ranging services and solutions to its client base

of companies, entrepreneurs, professionals and celebrities.

Mr. Talis has personally refinanced troubled companies, directed a management buyout and most recently completed the equity

placement of SANpulse Technologies, a SAN consulting concern where he is an equity holder and sits on the Board of Directors.

Current projects include a national food franchise build-out, a medical management services company using an offshore

outsourcing model, a warehouse management solutions provider using an ASP model, and an ethnic focused debit card offering.

Mr. Talis has also directed bankruptcy workouts, federal and state tax restructurings, and administered creative financing

strategies with the SBA and EDA. He has served on the Board of Directors of the Cathedral of St. John the Theologian, and was

elected to its Executive Council.

Mr. Talis holds an MBA in finance and taxation, and is a New Jersey licensed Certified Public Accountant.

Here are some of the topics covered in this segment:

1. Find a law firm which focuses on entrepreneurs looking to help you grow

2. Hire an accountant who works with entrepreneurs and who understands the economic realities of a start up.

3. Consider forming a Limited Liability Company or Corporation; discuss with your lawyer and accountant which entity is the

best for you.

4. Visit a commercial bank and discuss the requirements of establishing a small line of credit..even if they will only offer

you a small credit card line in your company’s name in order that you begin a credit history for your company.

5. Establish from the start accurate records and detailed bookkeeping system so that your progress is documented at all

times.

Compusa (Systemax, Inc.)


FILED IN: Blog, Buying & Selling Your Business, Entrepreneurship, Family Business, Finance, Money Management, Operations, Podcast

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