Business owners often delay the exit planning process until forced by circumstances because they do not appreciate the benefits of starting early even though they know they must eventually leave their companies. Owners of new businesses have the excuse of focusing on growing their businesses, but it’s never too early to start exit planning, no …
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 »
Every business ultimately needs to build value for its owner to obtain his or her desired exit. Business value helps the owner reap the benefits of life-long efforts to build the business and run it profitably. The owner may then earn substantial sales proceeds for a comfortable retirement by selling the business. Prospective buyers look …
Build a Value Creation Model that Fits Your Business Read More »
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 …
You may have run your business for 25 years or only 25 weeks; however, there comes a time when you need to place a cash value on it. The problem is that most business owners only have a rough estimate of the company’s value. Business valuation is a complex and time-consuming process that requires the …
Do I Really Need a Business Valuation Before Selling? Read More »
For many businesses, the transition to new ownership is inevitable. However, most business owners fail to think about it until it’s too late. Even if the transition is 10 to 15 years down the line, it requires planning and preparation for smooth execution. Ownership transition types range from passing control to successors to selling your …
Common Mistakes Business Owners Make During Ownership Transitions Read More »
Company culture can make or break a business by motivating or discouraging the very people who work there. Learn how you can align company culture towards value creation.
It becomes imperative to identify the most appropriate means to orient the organization towards an increased level of profitability. The hierarchical leadership model favored for a decade is no longer adequate.
As an IT company owner, you have built your company and its products or services. Now it’s time to build value and understand the various exit options available to you.
Every seller wants the highest price for their business, so the brand impacts what a buyer is willing to pay. If the brand doesn’t fully convey your company’s values, then it’s time for a refresh.
