GovCon stands for government contractor, a private company producing goods and services for public government agencies. The United States government is the largest buyer of goods and services globally, spending about $200 billion on procurement. This presents an excellent business opportunity for entrepreneurs to work with the US government. Government contracts help owners expand their …
You take a risk founding a business, and you take an additional risk not knowing its value. Routine business valuation verifies your company’s worth and identifies those corporate traits that enable you to make informed business decisions to focus on growing the company. Once the valuation is done, what should the savvy business owner do …
After the Valuation: Focus on Your Strengths, Eliminate Your Weaknesses Read More »
A vast majority of business owners associate their business performance metric with their income statements’ bottom line. And as long as that performance metric grows steadily, they assume their business is doing well. They rarely spend time and resources to see and understand the bigger picture of the actual state of business affairs. So focused …
If you want to get a fair price for your life’s work, you have to start preparing your company to be sold early on. Learn how to proceed and what to consider if you want to sell your business.
The market approach, also known as the multiple method, has a very high level of acceptance in company valuations. To put it simply, the sales prices of comparable companies sold are used.
