Aug 28, 2019 | Business, Business Valuation, Small Business
Preparing for a potential sale isn’t the only reason to obtain a business valuation. In fact, it is but one of several reasons. We are often asked “Do I need a valuation?” or “Why do I need a valuation?” The answer is – it depends on what you are trying to...
Aug 13, 2019 | Business, Financing, Small Business
Whether you are a startup business or a well-established business, there are two main types of financing to consider: debt and equity. As a business owner, it is worthwhile to understand the pros and cons of each while considering the best option for your business....
Aug 6, 2019 | Business, Business Valuation, Small Business
Have you ever wondered what the value of your business is? Most business owners searching on Google for “what is my business worth” find countless articles and valuation calculators. However, through each search, you are left with unanswered questions. As such, I want...
Aug 1, 2019 | Business, Business Plan, Exit Strategy, Small Business
A business exit strategy is simply a plan for what will happen when you are ready to leave your business. Just like you have a clearly defined business plan to guide your business through the course of its life, you should have a plan for exiting. There are several...
Jul 19, 2019 | Business, Business Valuation, Small Business, Value Drivers, Value Enhancement
The following are several key value drivers considered in business valuation that can be utilized in your business today. Consider each of these value drivers throughout the life of your business and understand how they impact the value when selling your business. For...
Jul 2, 2019 | Business, Business Valuation, Financing, Small Business, Value Enhancement
As a small business owner, one of your most important assets is your business. It not only provides a living, but also independence, a degree of financial security, and potentially your future retirement. Often it is more valuable than your personal residence. We hear...