Jul 30, 2020 | Business Appraisal, Business Valuation, Selling a Business, Small Business
Technically speaking, you can’t legally sell or transfer a sole proprietorship. However, you can transfer ownership of the business by transferring the ownership of relevant assets. Once you transfer the ownership, the company dissolves. The buyer can then use the...
Jul 24, 2020 | Business Appraisal, Business Valuation, Small Business
Changing ownership in a business can happen in several ways depending on whether you are selling the business, adding or deducting a partner or shareholder, or transferring business ownership to a family member. Below we will discuss how to structure each of these...
Jul 10, 2020 | Business Appraisal, Business Valuation, Small Business
A business valuation forms the foundation for many key aspects of a business. Some of these include strategic planning, buy/sell agreements, tax and estate planning, financial reporting, stock option grants, M&A transactions, and succession/exit plans. A logical...
Jul 7, 2020 | Business Appraisal, Business Valuation, Financial Analysis, Growing a Business, Small Business, Value Enhancement
You have been building a successful small business for years, but don’t know how to add more value. Through a business valuation, you can discover areas of growth you may otherwise not have known. One of those opportunities for growth deals with revenue streams. When...
Jul 1, 2020 | Business Appraisal, Growing a Business, revenue
Revenue streams are vital to every company and organization. They are the sources from which a business earns money through the sale of goods or services. Revenue streams consist of one-time transactional revenue and recurring revenue. As a business owner, you often...
Jun 24, 2020 | Business Appraisal, Business Valuation, Growing a Business, Small Business
What can you do to move your business from average to booming? Prioritizing the growth of your business is key to ensuring your company doesn’t just last but that it grows into the powerhouse you envision. Growing your business isn’t an overnight process. But there...
