ASK A BANKER  

Based in New York, Ed Powers is a managing director and head of the Capital Access Funds team at Bank of America Merrill Lynch. Capital Access Funds is an experienced, returns-driven private equity fund-of-funds. He joined Bank of America in Chicago in 1994 in community development banking, where he originated investments in a variety of community development equity products, including affordable housing and community development financial institutions (CDFIs). Named one of Crain’s Chicago Business’ “Top 40 Business Leaders under 40” early in his career, Ed currently serves on the Alumni Advisory Council of the Harris School of Public Policy and sits on the advisory boards of various private equity portfolio funds.


Make Every Day More Productive: 6 Tips

I love new beginnings. But getting tons of stuff done--well--is much more fulfilling. Here's how I do it.  Read story

8 Ways to Help New Employees Succeed

Hire the right people. Then make sure they can contribute right away.  Read story

How To Ace Your Most Important Hire

Once you have investors, this becomes your most important employee--one with a frightening amount of independence.  Read story

How to Hang On When Things Go Bad

Managing a struggling company is stressful enough. How do you manage your investors, too?  Read story

Due Diligence: Your Last Chance to Negotiate

Due diligence may feel routine, but it's your last chance to negotiate the sale of your company. How to get it right.  Read story

What Private Equity Investors Want: 5 Metrics

Investors use these five measurements to gauge the health of your company.  Read story

How to Negotiate the Sale of Your Company

Selling your company can be one of the most nerve-wracking things you'll ever attempt. Here's what the buyer is thinking.  Read story

5 Reasons Investors Won't Like Your Team

You may think you have a strong team, but investors look at start-up teams differently. Here's what they see--again and again.  Read story

Pitch for the Meeting, Not the Money

When you pitch a banker or venture capitalist, you may think you're asking for money. That's not really how it works.  Read story

Losing Money, but Making it up on Volume

Does your company need just a bit more capital to scale and make it to profitability? Or is it just a money pit? How to tell.  Read story

The Real Cost of Capital

You've got investors lined up. Great! But how much is their help going to cost you, really?  Read story

3 Numbers Your Banker Cares About

Here's how a banker will cut to the chase -- and decide if your company is worth taking a risk on.  Read story

How to Pitch a Banker

There's one simple thing entrepreneurs need to do to get a banker on their side. Sadly, most of them miss it.  Read story

Is Private Equity Right For Your Business?

Private equity's been getting a bad rap recently. But for some business owners, it's the best way to get growth capital.  Read story

5 Ways to Cut Customer Risk

A big customer win can be exhilarating. Just make sure you don't put all your eggs in one basket.  Read story

The Secret Dealbreaker

Entrepreneurs are famous for the passion they pour into their businesses. But when it comes to finance and dealmaking, that's not always a good thing.  Read story