Author - Donald Gross

Founders – Food Distribution Company

Donald Gross2021-08-12T17:51:34+00:00

(1) generated $400k tax free distribution based on 2020 Cares Act (2) developed key employee incentive/retention program, presented to attorneys -saved $25k legal fees (3) ran bank relationship competition-increased line by $5.5mm, reduced annual fees $15k, (4) oversaw acquisition of West Coast distributor, able to reduce purchase price by $750k(5) introduced to SE fresh food distributor, 3 years later $1.0mm additional annual GP from relationship.

Founder/CEO Aerospace Distributor and Manufacturer, 2nd Liquidity Event

Donald Gross2021-08-12T17:53:35+00:00

(1) presented strategy to generate $1.8mm free cash flow (2) creating marketing book for strategic and PE buyers (3) strategy to exit concentrated stock position and minimize income taxes (4) took advantage of enterprise value compression to save approximately $1.0mm in gift taxes (5) saved client $10k in valuation fees (6) improved insurance portfolio by increasing death benefit by over 40% and decreasing annual outlay by over 50% with better carriers.