The day will come when you want out. Given all your hard work and sacrifice, you deserve a big pay day. So, why not set yourself up today for that to happen?
As it turns out, buyers have a lot in common. Below is a list of characteristics that, when present in a business, entice buyers to [...]
Business Valuation
Where to Find Breakthrough Growth
If it's breakthrough growth you are looking for, you'll need to take aggressive measures. Here are tactics used by the best to build substantial value, and fast.
Should You Pay for Audited Financial Statements?
Should you, the owner of a privately held business, pay for an accountant or accounting firm to compile, review or audit your financial statements? For the vast majority of business owners, it’s a choice. The correct answer to “should I” is not readily apparent. It’s a judgment call.
Risk Management: A Business Owner Imperative
Want your business to endure? Then protect it from Murphy's Law. This is risk management at its most basic.
The Logical Buyer for Your Small Business
You can waste a lot of time fishing in the wrong spots. So unless you have plenty of time to waste, don't start casting your bait until you have a good idea where the fish are biting.
When fishing for a buyer of your business, the first question you must answer is what kind of buyer is likely to be interested. If you go after the wrong type, you'll go hungry.
How to Value an Intangible Asset
Appraisal methods that value the entire enterprise will yield a value that includes all of the assets of the business, both tangible and intangible. When this is the case, there may be no need to separately value individual intangible assets. But in two cases, valuation of a specific intangible asset may be merited:
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