Managing Your Business Like the Investment That It Is

And another year is in the books!  It’s time to gather and review our bank statements, investment statements, tax statements…and if a business is owned, wrap up year-end accounting and journal entries to finalize financial statements.  But some business owners are missing one critical year-end statement that can be a competitive differentiator…a reliable business valuation.Read More…

The Anatomy of a Business Valuation

Time for a business valuation? Here’s what to expect Business owners know their business better than anyone on the outside ever will.  But when a business valuation is needed most owners have no idea what to expect. What information will be requested?  How long it will take? What is the process? We work to makeRead More…

The Goal Posts of Business Value

Are you wondering what the value of your business is if you sold to a competitor or other type of “best fit” buyer, (i.e., buyer with a strategic interest in the acquisition of your business)? Different than selling to an inside employee group or passive investor, the sale of a business to a best fitRead More…

Exit Planning is Simply Good Business Planning

We have to start thinking positively about the words “exit planning.”  You say the words, and owners shut down – could be because of emotional attachment, the fear of change, lack of resources…. Could be worse – could be lack of awareness or procrastination.  But guess what?  Studies have shown that 75% of those whoRead More…

What is the Most Impactful Driver of Business Value?

We talk about the importance of understanding, increasing and unlocking the value of a business and while much of what we write and teach about relates to understanding how business valuation works, here we are focusing on increasing the value of a business.  While there are many quantitative and qualitative levers that impact the valueRead More…

Business Valuation is More Than a Multiplication Equation

The risk of rushing to democratize business valuation The importance of business owners understanding the value of their business cannot be understated.  Far too many business owners believe that a business valuation is not needed unless selling is imminent. This thinking stunts the owner’s ability to manage their business as an investment—to know with certaintyRead More…