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Forbes Publishes Article by Corporate Group Chair Michael Platner

Fort Lauderdale, Fla. (June 2, 2025) - Fort Lauderdale Managing Partner Michael Platner recently authored an article for Forbes Magazine titled, “Five Quiet Dealbreakers That Could Derail Your Business Exit,” which discusses the most “common and quiet dealbreakers” he has encountered in his practice and how to combat them early to “make the difference between a successful exit and a missed opportunity or broken deal.”

Mr. Platner opens the article by observing that in advising entrepreneurs and CEOs on growth and liquidity strategies for decades, he has noticed that “it’s often the overlooked fundamentals that make or break a wealth-creating liquidity event.” He goes on to identify five strategies for addressing these issues that may arise during a sale, acquisition, or capital event.

First, Mr. Platner advises engaging a reputable accounting firm to create audited financials because doing so “shows discipline and builds the kind of financial credibility buyers need to feel confident.” Second, he recommends maintaining a positive culture and reputation, explaining, “Companies that are known for treating employees well tend to retain talent, reduce risk and attract stronger offers and higher valuations.” Third, Mr. Platner discusses the importance of protecting intellectual property.” He describes, “Make sure trademarks are filed, code is assigned, and all proprietary content is clearly owned by the business. This creates clarity for the buyer and ensures you’re not leaving money or leverage on the table.” Next, Mr. Platner advises that investing in a digital strategy is key, describing, “I've found it’s one of the clearest indicators that a company is future-ready and worth the investment.” Finally, Mr. Platner notes the importance of a succession plan, explaining, “A well-documented succession plan is more than just a formality. It signals stability and shows the business can continue to grow and thrive without its original leader.”

Mr. Platner closes the article by emphasizing the importance of confronting potential dealbreakers early. He states, “The best time to address these five areas is long before you go to market. By focusing on operational maturity now, you can set yourself up for a smoother and more successful deal down the line.”

Mr. Platner serves as chair of Lewis Brisbois’ national Corporate Practice and co-chair of its Securities & Corporate Finance Practice. He works with clients to develop and execute business savvy legal strategies for businesses from an early stage through maturity, sale, and merger. In addition, he regularly leads “Going Liquid” workshops, which provide actionable advice to business owners who want to position their businesses successfully for growth, value creation, and ultimate liquidity events.

Read the full Forbes article here.


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