Every Family’s Business: Determining The Best Exit Strategy
Every Family’s Business: Determining The Best Exit Strategy Every family’s business is something that we haven’t talked about a great deal in many of my blogs, and I think the time is right now to consider it very seriously, simply because of the age of...
What’s So Special About The Million-Dollar Mark?
What’s So Special About The Million-Dollar Mark? The million-dollar mark is a tipping point at which the number of buyers interested in acquiring your business goes up dramatically. The more interested buyers you have, the better multiple of earnings you will...
What Your Birth Certificate Says About Your Exit Plan
What Your Birth Certificate Says About Your Exit Plan In our experience, your age has a big effect on your attitude towards your business and how you feel about one day getting out. Here’s what we have found: – Business owners between 25 and 46 years old Twenty- and...
Prevention Is Better Than Cure
Prevention Is Better Than Cure To grow a valuable business – one you can sell – you need to set up your company so that it is no longer reliant on you. This can be easier said than done, especially when, like a PR consultant or plumber, what you are selling is your...
One Hidden Thing That Drives Your Company’s Value
One Hidden Thing That Drives Your Company’s Value You already know that your company’s revenue and profits play a big role in how much your business is worth. Do you also know the role cash flow plays in your valuation? Cash vs. Profits Cash flow is different than...
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