Apr 29, 2021 | Business Valuation, Day Care, Small Business
The daycare center industry is on the rise. With more individuals and households having two income earners, the need for daycare services continues to increase. Nearly 50% of the industry includes small daycare centers – those with less than 25 employees. This...
Apr 20, 2021 | Business Appraisal, Business Valuation, Exit Planning, Exit Strategy, Small Business
Exit planning affects your business. In Dr. Stephen R. Covey’s The 7 Habits of Highly Effective People, Covey instructs the reader to envision attending their own funeral. What would you want others to say about you? What would you want the sum of your life’s...
Jan 19, 2021 | Business Valuation, Buying a Business, Selling a Business, Small Business
The sale of your business is an exciting time! However, it can also be a stressful time. If you aren’t familiar with how to structure a business transaction, this article should help. Always remember to consult with a valuation expert like Peak Business Valuation,...
Jan 14, 2021 | Business Valuation, Cash Flow, Small Business, Valuation Approaches
At Peak Business Valuation, business appraiser Utah, we often rely on a mixture of historical and present earnings to appraise a business. The value of a business ties to the earnings it generates. This method is known as the capitalization of earnings method. It...
Dec 18, 2020 | Business Appraiser Utah, Business Valuation, Buying a Business, Small Business
Have you been thinking of buying a business and finally have a business you are interested in buying? The next step is drafting an initial offer to let the seller know your interest in buying the business. This initial written offer is known as a letter of intent. As...
Nov 19, 2020 | Business Valuation, Financial Advisory, Small Business
Financial advisory firms are fascinating businesses. One of the “quick and dirty ways” a valuation expert values a financial advisory firm is using multiples. A valuation multiple is like a ratio. A ratio compares two things to each other, for example, one of the more...
