Hybrid Merger and Acquisition Model for Connecting Emerging Companies with Large Corporations

No risk, no reward is one of the oldest adages in business. This formulation of strategic risk was first expressed in written form by the Greek scholar Herodotus in 450 B.C.

In the realm of corporate mergers and acquisitions, the challenge for many companies is to obtain a highly desirable product or technology while risking as little capital as possible.

While growth through Merger and Acquisition continues to be a highly popular strategy – in 2006 there was a record $3.6 trillion in Merger and Acquisition activity, according to Thompson Financial – many CEOs and CFOs remain wary about making deals. In a recent survey of large corporation executives by Accenture, 45 percent reported their most recent Merger and Acquisition deal had failed to deliver all of the expected results.

One solution to traditional outright purchases is the hybrid Merger and Acquisition model. It is becoming increasingly popular.

In a hybrid Merger and Acquisition deal, a large public corporation takes a stake (typically 10 percent to 50 percent) in a smaller company (public or private). Generally, this equity infusion comes with a call option, a right to purchase the entire company at a later date at contracted valuation metrics.

The hybrid model has been successfully implemented by Cisco Systems, which began using it more than a decade ago. Between 1993 and 2007, Cisco made 119 acquisitions, many of them in start-ups or small companies with limited track records.

There are three key benefits for the equity parent in the hybrid model:

Diversified investments minimize overall risk.

Access to new technologies and products is obtained at minimal cost.

Managed resources are not dissipated.

For example, a corporation willing to spend $250 million could invest it in an outright purchase of one established company or take a dozen $5 million to $25 million stakes in start-up companies.

In the consumer products sector, we can look to Dean Foods, the leading U.S. provider of fluid milk and dairy products, for an example of a very successful hybrid acquisition.

Supermarket shoppers know Dean Foods through its many local brands, including Borden, Pet, Country Fresh, Meadow Gold and Horizon organic.

One of Dean’s most successful acquisitions was White Wave, an organic foods company. It was founded in 1976 by Steve Demos, an organic foods pioneer. He introduced Silk soy milk in 1996, just as the organic foods boom was beginning. In 1999, Dean Foods purchased a 25 percent stake for $5 million. Helped by Dean’s “smart money,” product sales soared to more than $250 million in 2004, when Dean purchased the remaining 75 percent of White Wave for $224 million.

Dean, acting in the Cisco tradition, left entrepreneur Demos and his management team in place and let the company operate with great autonomy. The result was a win-win outcome. By 2005, Dean Foods had more than $10.8 billion in revenue and was bigger than Kellogg and H.J. Heinz.

With successes like this, it may seem surprising we don’t see more hybrid deals. The reality is the hybrid concept faces points of resistance on both the seller and buyer side. These include entrepreneurs who are attracted by the glamour of venture capital, and CEOs and CFOs in large corporations who continue to equate ownership with control.

Obtaining an investment from a venture capital firm has great allure to entrepreneurs. Many first-time entrepreneurs believe that getting VC money signifies they have made it to the “big leagues.” What they often overlook are the long odds.

According to Jim Casparie, founder and CEO of the Venture Alliance, the odds of a first-time entrepreneur obtaining venture funding are less than 3 percent. He reports that in 2005, out of 125,000 interested parties making pitches to VC firms, just 2,939 received funding. The average amount worked out to $7.4 million.

When an entrepreneur does catch the eye of a VC firm, he may face punishing valuations, high expenses, and time-consuming reviews by multiple parties.

On the buyer side, resistance to hybrid mergers comes from the traditional culture found in many corporations that equates “ownership” with 100 percent control and a centralized, top-down decision-making process.

However, more and more corporations are coming to understand that in the accelerated world of 21st-century business competition, it is critical to diversify product development by investing in multiple projects. They are also seeing the advantage of fostering an entrepreneurial spirit within the larger corporate structure to improve motivation and boost creative thinking.

A hybrid acquisition can provide a corporation with an efficient vehicle for learning about new products and technologies. It can also serve as a platform for additional acquisitions.

C-level corporate executives, however, must understand that dealing with entrepreneurs requires a special mindset. Many founders are fiercely proud of their company and protective of its products, and they want to maintain a high degree of control.

When both sides understand the benefits of hybrid acquisitions, highly rewarding synergies can take place. As we see more and more hybrid acquisitions pay off, the concept will no longer seem daring but instead will become a basic part of many corporate Merger and Acquisition strategies.

Source by Dave Kauppi

Divide and Conquer – What Every Woman Needs to Know

If you can get in a woman’s head, you can get into a woman’s bed. Fact or fiction? Is this a stereotypic belief founded in untruth? Or have we given away our power to opportunists who seek to invade our sensibilities and take over our lives?

Though no one knows exactly where it originated, the quote, “divide and conquer” has been around since the days of Julius Caesar. It is the belief that one can achieve military advantage or power over an enemy by somehow fracturing the whole. Even if the enemy is more powerful than you, you can still gain an advantage if you discover his weakness.

Before you react with insult and disdain, let’s evaluate this objectively. It is true that women tend to be feelers. We are the ones who can detect if something is wrong in the relationship. Who would argue that women have a sixth sense, a knowing, a more developed sensing ability than our male counterparts.

Though this is one of our greatest gifts, in the absence of fact, we often get talked out of what we truly truly sense in our gut. Oftentimes, we are criticized in the workplace and by our mates for being “emotional.” Who says that just because we can’t produce factual evidence, our “knowing” is nullified? Nevertheless, when challenged, we are more inclined to abandon what we feel. How many times have we so easily abandoned our intuition and later regretted it?

Honor your feelings. This is key. When you really esteem your feelings and regard your emotions, you aren’t so easily seduced by what you hear. A man can’t just whisper sweet nothings in your ear and turn your head. He’s got to say more than you’re pretty, you’re sexy, or he is crazy about you. Your self-love requires more.

I often wonder how online predators and scam artists are so successful. I believe it’s because they have learned to speak a woman’s language. Or at best, they know what to say that attracts a vulnerable woman. He trusts that if he taps into a woman’s emotional frequency, he can reel her in.

Maybe this is why teenage boys seek good pick up lines or men at nightclubs run so much game. They know or have heard that if they can say the right thing, they can get a private audience. I understand that all guys aren’t the same. But you must admit that true character and personal integrity seem to take a back seat.

So, how do we avoid predators? I believe, first and foremost, we must respect our womanhood. Denying oneself never makes one stronger. Know thyself. Know thy boundaries. If you are in the early stages of relating and you know that you melt when a man touches you a certain way, limit the physical touching. It’s nothing to be ashamed of. When you treasure yourself, you won’t expose your vulnerabilities too quickly. Let him prove himself worthy of the privilege of handling you in that manner.

Do not drink. No, not even a glass of wine on a first date. Generally, women get intoxicated faster than men. Remember, you have to keep your sensibility. Your goal is to enjoy his company. Have fun. Flirt a little. Approach him from a standpoint of interest and curiosity.

Educate yourself about men. Read books about men written by men. Who knows them better? Also, seek the counsel of a male family member whom you trust to help you keep it real. Learn to speak a man’s language. Embrace his culture: his way of thinking, his way of Being in this world

You’ll find that men aren’t that complicated. The confusion comes when we project onto them our feminine perspective instead of actually receiving them for who they are. What a compliment it is to any man or woman for someone to take the time to really get to know them.

This may sound a little old-school to many of you; but, his treatment of you is a reflection of how you regard yourself. Divide and conquer? You have the power to decide.

Source by Suzette Hinton

Is Mobile Hairdressing Worth It?

Hairdressing is one of the many trades that can be carried out in a clients home. Hairdressers only need a pair of scissors a small stock of products comb and other accessories to cut and style a persons hair. But is it worth it? below I discuss some of the pros and cons of mobile hairdressing and perhaps uncover some little known truths.

I hope this article maybe useful to someone who is thinking of starting up in mobile hairdressing and help them to assess which is the best route to take salon based or mobile.

So you have a car, have all your tools a client list and decide to go into the flexible working of being mobile. You can book clients in when you want as much of what will allow get up late arrive home early?

Firstly nowadays if you use a car for business you must have the correct insurance often this will incur a higher premium. There could be an argument that the car is just insured for “personal” use social and pleasure and that if you had an accident that you would just say you where visiting a relative? Insurance companies are more and more tightening there belts and looking for people outside of the scope of this they may ask to prove you where on holiday from work or proof of travel.

Working Hours

Although going mobile there’s a degree of flexibility, its not often the case with what happens in reality is clients require you to work around them even more so that your mobile. Some clients see this that you are flexible and free being not tied to a salon. This means later nights at peoples houses traveling through rush hour traffic and getting home late at night after night calls to hair dress.

Tax and VAT

If your earnings exceed over £68,000 on a cumulative (on going basis) you are subject to VAT at the current rate (currently 17.5%) on all hairdressing service to the client. This drastically eats into profit plus the adding of personal tax to the fee and the cost of materials means quite a cut in margins.

The hairdressing industry is currently lobbying to have the VAT rate reduced to 6% for hairdressing and beauty services. To try to raise margins and also there is an argument that hairdressing is a needed service we can’t all walk around with long hair down to our feet or do-it-ourselves.

Conclusion

When setting up in any business there are two basic things to do before taking the risk:-

Do your research

This is the most important part before going into any new venture and its also the part that most people get wrong partly because of their desire to live the dream. Be hard on your plan scrutinize the competition how many the what why where and how. Also look at the possibility of future competition and threat of reducing your market.

Costs

Allot of people do not really Analise there costs, when I mean costs I mean true costs down to the penny, here’s an example.

Outgoings cost of car payment, car tax, insurance,fuel, wear and tear, cost of equipment and stock, fair wear and tear to equipment, necessary taxes. Add all this up on a yearly then monthly and drill down to a daily basis this will give you an idea of where you need to start from.

Best of luck

Source by Denise Bloom

Green House and Its Requirements – Its Relevance For the Environment

When you look around seriously for a green house, among many features, the surroundings of your dream house should be a primary concern. The other aspect, as important as the primary concern, is the features which are essential for the less consumption of energy and fuel on a day to day basis.

The proposed home is located at such a place where everything essential for normal living is available easily. Then it can be classified as a green home rather than a home which is located far away and you have to drive around a lot for trivial things. A house requiring so much travel can not be considered as green home even if the ambiance of the atmosphere is too environmental friendly. This is because of the simple reason that you will be expending more time and money than necessary for fuel expenses.

Many people dream of self sufficiency for a green home. Self sufficiency means producing enough food for a normal family from a well maintained garden, solar energy panels or a wind/water mill within the compound.

Both the above conditions proposed have a common point. They do not need the support of the local grid fully or partially. An apparent contribution towards the environment is evident, that is they are not part of high consumption of energy.

If your search has landed you in a place where you are not in a well placed location and instead have many facilities for self sufficiency then, your concentration should be on a well designed home. The designing has to be made in such a way that the place is cool in summer and warm in winter, with the bare minimum need for air conditioning and heating.

With this type of environmentally healthy design along with the use of certified energy content appliances, you will contribute significantly towards energy saving. But for many, the initial investment is prohibitive and this will pay off handsomely in the near future.

The acquiring of a green home is not the only avenue for helping the environment. We have to insist for the products which cause less damage to the environment during production. Additionally, we can stick to the use of products which are bio degradable for cleaning purposes etc.

We will be significantly contributing to the well being of the environment. So be a part of the elite who are hell bent on creating a healthy environment for self and future generations.

Source by William Suburn

What Is Cable Ducting and Why Is Concrete the Best Solution?

What is cable ducting and why is it necessary in construction? Cable ducting is usually for electrical conduit purposes, that is, an electrical piping system. Electronics industries depend on the construction industry to provide a safe route underground route for electric wiring.

Cable ducting is generally done by electricians after the route has been constructed. Traditionally, materials like metal, plastic, fired clay and fiber have been used for electrical conduit tasks. However, concrete is quickly becoming a popular alternative. Why so? We know that concrete has some advantages when it comes to durability, but what else are we missing? How does the system work?

Underground cable ducting and troughs benefit railway companies, roads, and other power industries. These conduits are large in diameter and may be installed underground between buildings. A collection of these conduits is called a duct bank, which may actually be inside of the ground or inside a concrete base. What is the advantage of using a concrete duct bank?

This allows for easy replacement of damaged cables between buildings without having to excavate the entire trench. Unfortunately, PVC and plastics are commonly used for conduit and cable purposes, despite the fact that they are cheap and unreliable. What are some other advantages of using concrete cable ducting solutions?

Besides their easy accessibility, these projects are also affordable and are completely non-conductive to electricity. Furthermore, concrete is resistant to chemicals. When you use concrete ducting, the cables of the operation are buried at such a great depth that they are completely safe from weather changes. Extremely cold or extremely hot temperatures are no longer a concern here. Under ground, everything is protected from the surface of the earth.

It should go without saying that concrete is highly durable, more so than plastic or even steel. This method of ducting also provides splicing and allows for easy updates to the system. Cable ducting can help companies to encase power, as well as all sorts of cable, like fiber optic or pneumatic cable.

How do you go about choosing a company to work with? Be sure to choose a provider that can produce specialist units (tailor made to your cable wiring needs) and get the troughs molded to your specific requirements. Remember, one of concrete’s best qualities is its adaptability. You can form anything from concrete. It is also environmentally friendly. It is indeed an ideal solution to underground electrical work and cable ducting.

Source by FP McCann

Living Near a Cemetery

One aspect of a Feng Shui evaluation is to analyze the environment surrounding a building. When using Feng Shui to choice a home, most Feng Shui consultants will tell you not to pick one close to a cemetery. After looking at a beautiful home this past week that just happens to have a cemetery adjacent to the back yard, I decided to take another look at the idea of living near a cemetery.

Why care about what surrounds your home? Why not just focus on the internal energy? Well, simply put, the outside energy affects the internal energy of your home. Too much Yang energy is easier to feel than too much Yin. Here’s an example. Think of a home that has a busy highway running behind it. The fast moving energy and noise pollution gives the inhabitants an unsettled feeling, even on the inside of the home. A home like this would be described as unbalanced because it has energy that is too Yang. Yang energy is bright, loud, and hot.

Having your home next to a cemetery is just the opposite. The overall energy becomes unbalanced as well. Homes next to a graveyard or cemetery are too Yin instead of Yang. Energy that is overly Yin is harder for us to feel, though. Although viewed like a quiet park by some, others are very unsettled by the quiet process of decomposing that is occurring. Having a Yin home may not bother one at first, but little by little, it can make the inhabitants of that home decline, by reducing their drive. The same can be true of living near a stagnant body of water.

What can be done if you find yourself living in a home you love that is adjacent to one of these situations? First step is to buffer your home from the energy. For example, the house I looked at this week has a ravine full of large trees in-between it and the cemetery. Adding Yang elements to the area near the cemetery would be helpful in balancing the energy. Examples of this would be outdoor lighting, bright flowers, flowering shrubs, a fire pit or a chiminea.  Fire and light are very Yang elements and would work to balance the energy. On the flip side, an example of reducing activity in the house that is too Yang, would be to add Yin elements. Again, adding trees and shrubs which can filter sound and light energy will help. In addition to you could add the ultimate Yin element; earth. A decorative brink or stone wall or even a mound of soil with landscaping on top would help to balance the energy and buffer the home. As always, think about what makes sense in your landscaping before adding remedies.

Making sure your home is sheltered and balanced from external elements will have the biggest effect on the internal energy. Be sure that any Feng Shui consultant you use analyzes not only the interior but also the exterior. This will help to ensure a supportive environment.

Source by Leslie Grotenhuis

5 Things to Consider While Selecting a Financial Planner

Unlike someone calling himself a CPA or a physician, just about anyone can call himself a “financial planner” or a “financial advisor” regardless of their educational background and professional experience. Moreover, not all of them are unbiased in their advice and not all of them always act in their clients’ best interests.

To ensure your financial planner is well-qualified in personal finances and impartial in his advice, consider the following five things:

1. Planning Credentials: Having a highly-regarded credential in financial planning, such as Certified Financial Planner (CFP) or Personal Financial Specialist (PFS), confirms that the professional you intend to work with has acquired the education and experience necessary to serve as a financial planner. CFP and PFS credentials are awarded to only those individuals who have met the certification requirements of education and experience in planning for personal finances. In addition, they have to pass the certification examinations and agree adhere to the practice standards and continuing education requirements.

2. Subject Matter Expertise: Financial planners are planning professionals, not necessarily subject matter experts. For example, a financial planner will be skilled in tax analysis and planning,but unlike a Certified Public Account (CPA) or an IRS Enrolled Agent (EA) he might not necessarily be a subject matter expert when it comes to tax rules Similarly,a he could be skilled in chalking out an investment plan, but unlike a Chartered Financial Analyst (CFA) he may not be an authority in the subject of investments. Work with a financial planner who is also a subject matter expert in those areas of personal finance that are important in achieving your financial goals.

3. Client Specialization: Not all financial planners serve all types of clients. Most specialize in serving only certain types of clients with specific profiles. For example, a personal planner may build his expertise and customize his services to serve only those individuals and families who are in certain professions, or a particular stage of life with specific financial goals and net worth. Ask whether the planner specializes in serving only certain types of clients with specific profiles to determine whether he is the right fit for your situation and financial goals.

4. Fee structure: The fee structure largely determines whose interests he serves best – his client’s or his own. A Fee-Only professional charges only fees for their advice whereas a Fee-Based professional not only charges fees but also earns commissions, referral fees and other financial incentives on the products and solutions they recommend for you. Consequently, the advice from a fee-only one is more likely to be unbiased and in your best interests than the advice from a fee-based financial planner. Work with a professional whose fee structure is conflict-free and aligned to benefit you.

5. Availability: He or she should be regularly available, attentive, and accessible to you. Ask the planner how many clients he currently serves and the maximum number of clients he is planning to serve in the future regularly. This clients-to-planner ratio is one of the key factors in assessing your planner’s availability to you in the future. Also, ask which planning activities are typically performed by the planner and which ones are delegated to a para planner or other junior staff members. Lastly, make sure the planner is easily accessible via phone and email during normal business hours.

Once you have shortlisted a few well-qualified and unbiased financial planners in your local area, consult the ones who offer a FREE initial consultation first. During the initial consultation, assess the planner’s availability and any other professional attributes you are seeking in your financial planner.

Having a well-qualified and unbiased financial planner by your side is extremely important in your journey towards your financial goals. When searching for one, consider the planner’s professional credentials, client specialization, subject matter expertise, fee structure, and availability to select the right financial planner for your needs.

Source by Ashwin Dhanesha

Can the Traditional Pyramid Law Firm Structure Meet Today’s Price and Service Pressures?

Following the deep economic recession of 2008, more and more corporate legal departments and general counsel have demanded concessions on hourly rates, volume discounts, and alternative fee arrangements. While the traditional law firm pyramid model is far from extinct and likely will never go away, questions exist whether it is flexible enough to meet these demands. To be sure, technology and economic pressures to the pyramid model are driving dynamic change in the legal field and in how law firms are structured in particular. This article addresses potential solutions to these challenges.

In the traditional pyramid law firm model, the base is broad and comprises a pool of associates that generally narrows as they advance toward partnership. Depending on the firm, this narrowing continues through senior associates and income partners to the much narrower top of equity partners only. As you move up the pyramid, compensation and hourly rates generally increase. In a true pyramid model, an attorney either moves up or moves out if they do not make it to the next level. This model is used in other professional services businesses as well.

While this model has been extremely successful for over a century, it can exclude mid- to highly-experienced level attorneys that are qualified to provide legal services, but do not want the additional demands of the traditional law firm. For example, an attorney that is a parent with young children may want to work a 30-40 hour week, but cannot handle the demands of a heavy litigation load. Or, a partner-level attorney that prefers providing legal services over developing new business. In many firms, the top of the pyramid can only be reached by attorney that generates millions of dollars in origination. Not all attorneys want this demand as part of their professional life.

Another model – referred to as the “Diamond” model – focuses a significant portion of the attorney work force on the middle. This includes senior associates and partner-level attorneys that are experienced and capable, but do not want to be on the traditional equity partnership track. Staff attorneys as well as para-professionals provide additional staffing opportunities. By controlling the overhead load per attorney, a “diamond” law firm theoretically can provide legal services at lower costs to clients. Additional efficiency can be gained by focusing the firm’s business on one or a few practice areas, e.g. a “boutique” model.

While the future of the diamond shaped model is yet to be determined, they present interesting potential solutions to lowering the cost of legal services.

Source by Darin M Klemchuk

How SBTS Has Improved Online Stock Trading in India

In earlier times, there were no trading software. The stock exchanges in India were based on open outcry system. Under this system, the brokers gathered at a central point usually at the exchange trading ring and commenced trade with each other. This was considered to be very time consuming, inefficient and bounded the traders with limitations on trading volumes and trading hours.

So, in order to trade efficiency, liquidity and transparency, NSE decided to introduce a nation-wide-on-line, which was a fully automated screen based trading system (also known as SBTS).

Under this system, a trading member can punch the number of securities and prices into a computer system in which he would like to transact. The transaction is executed as soon as it finds a matching selling or a buying order from another counter party.

This system was readily accepted by the market participants and in its very first year of existing operation, NSE became the leading stock exchange in the country.

Technology has been used to carry the trading platform from the trading hall og stock exchanges to the premises of brokers. NSE carried the trading platform further ahead to the computer systems at the residence of the investors via the internet.

This had a huge impact and made a difference in terms of equal access to the investors especially in a geographically and diverse regionally vast country like India.

The SBTS or Screen Based Trading System has more advantages than the earlier used trading outcry platform.

Mentioned below are a few advantages of the SBTS or Screen Based Trading System.

1) The SBTS or Screen Based Trading System matches orders on a stringent price/time priority and hence saves a lot of time, cost and risk of error as well as on fraudulent activities which result in improved operational efficiency.

2) It permits much faster absorption of price sensitive information into prevailing prices, thus increasing the informational efficiency of markets.

3) It allows market participants, irrespective of their geographical locations to trade with each other simultaneously, thus improving the depth and liquidity of the market.

4) It provides full secrecy by accepting orders, however big or small from members without actually revealing their identity, thus providing equal access to everyone.

5) It provides a perfect audit trail, which helps in resolving disputes by logging in the trade execution process in entirety.

Thus the SBTS or Screen Based Trading System has greatly improved the efficiency and output of share trading, which has resulted in quality trading thus increasing India’s GDP and boosting the nation’s economy.

Source by Vaibhav Bhadange

The Best Oil Finishes For Your Deck

It’s a fact: No matter what type of material you use or how well it’s built, a hardwood deck will naturally wear over time. Even such naturally decay-resistant varieties as Ipe decking are vulnerable to the elements, and prolonged exposure to varying weather patterns and UV radiation will inevitably lead to discoloration, checking and cupping. The good news, however, is that there are many high-quality deck finishes available that help prolong the life of any hardwood deck.

While many solid and opaque finishes offer great protection against the elements, most homeowners choose hardwood decking because of its appearance. The best way to protect a deck while maintaining its original look is to use a clear, high-quality oil finish. A penetrating oil finish with UV inhibitors will offer great protection against the elements without covering up the natural beauty of the hardwood. The following are a few of the top brands of oil finish, their strengths and weaknesses, and what to expect when using them.

Superdeck

The professional grade transparent stains and sealers from Superdeck feature three high-quality oils, including linseed and tung oil, that offer great protection against harsh weather. The transparent oxide pigments in the Superdeck formula protect against harmful UV rays without covering up the wood’s natural appearance. Superdeck Transparent Stain & Sealer also comes with a satisfaction guarantee.

Penofin Performance Coatings

Penofin is the leading choice for environmentally friendly exterior wood stains. Penofin Verde contains all-natural ingredients, including vegetable ester solvents, plant-based resins, and Brazilian rosewood oil – no petroleum or heavy metal compounds here. It offers 99% UV protection and is safe for inside use.

Olympic

Olympic’s line of clear waterproofing sealants feature a custom penetrating oil formula, two-way waterproofing protection, advanced UV protection, and their exclusive Scuff Guard ® protection formula. This is a great finish if you’re looking to protect against mildew and wood rot and works best when applied to new or pressure-treated wood.

Messmer’s

This oil-based finish is perfect for those who want a protective coat with an even appearance. While Messmer’s UV Plus finish does change the color of the deck, it does not affect the texture or cover up the grain pattern. The finish is offered in two attractive colors, natural and red mahogany, and is great on denser hardwoods, such as Ipe decking.

Tips for Treatment

There are a few important tips you should take into consideration before and during the application of an oil deck finish. Following these simple tips will help ensure a much longer lifespan for your deck.

1. Finish all four sides.

End checking is a big problem for deck owners, and one that can be easily avoided by sealing and finishing every side of the board, even the bottom and the ends. Applying an even coat to all sides helps protect from water, mold and mildew in inauspicious places, like under the deck.

2. Finish before exposing to weather.

The best time to apply an oil finish is in spring or early summer, when the weather is warm and dry. Apply the finish in a dry, covered area before installing the boards. The decking material should be completely treated and dried before it is exposed to the elements.

3. Apply ASAP.

Even in nice weather, the longer the decking materials sits unfinished, the greater the chances of end-checking or warping. Getting the finish on as soon as you can is a great way to minimize the amount of damage that can occur to the wood before installation.

4. Go easy on the pressure washing.

Pressure washing is a great way to prepare hardwood decking material for a finish, but be careful not to strip off the surface fibers. Keep the pressure washer on a low setting and don’t get too enthusiastic.

Clear, penetrating oil finishes are a great way to lengthen the lifespan of your hardwood deck, but picking the right one is important. Make sure the oil finish you decide on features good UV protection, protects against water damage, and is safe for the type of wood you will be using. Speak with a hardwood decking professional if you have any questions about the type of oil finish you should use on your new deck.

Source by Benjamin Nystrom