Business owners have common misconceptions about exit strategies. They think that exit planning is only for people ready to leave their companies or that they can smoothly exit their business in five years, or that the right buyer will approach them without any effort on their part. However, hoping that things will happen automatically when …
How the Health of Your Business Affects Your Exit Strategy Read More »
High business valuation and competitive pricing dominate the M&A market, so more and more firms are looking for effective, strategic ways to increase their business value. Yet, despite business owners becoming increasingly proactive, 58 percent of business owners have never had their businesses appraised, and, shockingly, 48 percent of owners exit without a proper exit …
Things You Can Do Now to Increase Your Business’ Value Read More »
Most successful companies see mergers and acquisitions (M&A) as a strategy to attain business growth quickly. Their specialized teams look for suitable target companies, mainly small- and middle-market firms, to acquire at the lowest price possible. Therefore, business owners like you must know about M&A to get the best price for your company. What Is …
What will happen to your company when you retire, move on to a new business, or cannot handle your business responsibilities due to disability or death? A buy-sell agreement answers those questions before it becomes necessary. A buy-sell agreement sets a clear path to tackle unpredictable events. Also known as a buyout agreement or shareholder …
Employees are a company’s greatest asset. A business cannot succeed without a team of a competent, driven workforce. However, retaining motivated, target-driven talent can be challenging, especially in a tight labor market. Savvy business owners strive to create a culture of ownership by aligning the interests of employees with management and investors. A culture of …
Everything You Need to Know About 409A Valuations Read More »
One of the most pressing questions business founders and owners ask is how they can grow their businesses in a manner that allows them the freedom to exit on their terms? In answering that question, most business owners get one thing wrong: they focus on building an excellent target for acquisition. In their aspiration to …
When another company or investor purchases your business, they are not just paying you for your tangible assets, contracts, inventory, etc. The purchase price also includes your loyal customer base, competitive advantage, reputation, and other intangible assets challenging to value and which can be grouped under the term goodwill. So, as an owner of a …
Value creation is the foundation of business stability and sustainability. Your business’ value sets you apart from your competition; helps you acquire new, long-term clients; and adds to your brand value, the products, and the services that you offer. Successful business owners know that the sole purpose of their business is to create value for …
On the Friday after Thanksgiving, known as Black Friday, Americans all over the country wake up early to duke it out over deep discounts at retail stores. Often, this doesn’t just start on Friday, but Thursday night and throughout Friday. How does this event impact a retail valuation? A few aspects play into Black Friday’s …
Business owners grapple with multiple issues: business planning, accurate financial projections, client and customer acquisition, employee development and management, etc. With numerous aspects to manage, business owners naturally seek the assistance of an advisor to address the niche requirements of their business. A business advisor is a strategist who works with your company to help …
