Aug 4, 2020 | Business Valuation, Buying a Business, Growing a Business, Small Business
Many individuals dream of owning their own business. However, taking the leap from a traditional nine-to-five job to entrepreneurship or freelance work is just the beginning. The recent trend towards self-employment indicates a shift in the market. The alluring nature...
Aug 3, 2020 | Business Appraisal, Business Valuation, COVID-19, Small Business
Life as we know it is changing in large part due to COVID-19 and the events surrounding it. For many closely-held businesses, this is no different. COVID-19 is impacting the valuation process as well. Prior to March 2020, there was really no effect on the value of a...
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...
