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 22, 2020 | Business Plan, Business Valuation, Exit Strategy, Selling a Business
For most small business owners, there comes a day when you decide to transfer your business. This may be because you wish to retire, seek a partner to assume ownership, or are ready to move on to something new. No matter the reason, transferring ownership has many...
Jul 15, 2020 | Business Valuation, HVAC, Value Drivers
The HVAC industry is expanding alongside the rapidly growing construction industry. This industry includes companies that primarily install and service heating, ventilation, air-conditioning (HVAC), and refrigeration equipment. Furthermore, this industry is extremely...
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...
