Business Valuation: The Magic Number

How did 2024 go?  The one number that tells the whole story While these metrics are indicators of past performance, they don’t provide a full picture of the business’s overall health. For example: Even profitability can mask underlying issues. Is the owner neglecting needed reinvestments in technology, equipment, or facilities? Is high employee turnover tiedRead More…

TIME to Drive Business Value (Part 2)

Business valuation includes considering both quantitative performance and qualitative factors. Last month we suggested five qualitative drivers of business value to work on during COVID-19. Here are five additional qualitative factors for you and your team to consider: Value Lever #6 – Researching Alternative VendorsJust as reducing dependency on any one customer or key employee is wise, reducing dependency onRead More…