Business owners often use the terms "business value" and "sellability" interchangeably. However, these concepts, while related, are distinct and understanding their differences is crucial for making informed decisions about the future of your business. Let’s take a closer look at what business own
READ MORE »For any business owner, understanding a company's value is crucial. It's a number that reflects the combined effect of years of hard work, innovation, and strategic decisions. But beyond the single figure lies a wealth of information – a guide to navigate future plans and maximize the potential of
READ MORE »For a long time, the balance sheet held the center stage in company valuation. It provided a seemingly objective assessment of a company's financial health, with clear lines separating assets from liabilities. This tangible representation of worth significantly influenced investment decisions and ac
READ MORE »In today's dynamic business landscape, staying ahead of the competition is a constant challenge. To maintain and increase your business value, innovation plays a pivotal role. This article will explore the significance of innovation in enhancing business value and provide insights into how you can l
READ MORE »[caption id="attachment_260" align="aligncenter" width="300"] Understanding Business Valuation: Determining the Right Price for Your Business[/caption] When it comes to selling your business, determining the right price is a critical aspect of the process. Business valuation is the key to accurat
READ MORE »[caption id="attachment_322" align="aligncenter" width="300"] Unveiling the Essence of Business Value: Understanding its Importance and Components[/caption] In the world of business, the term "business value" holds immense significance. It encapsulates the essence of what makes a business desirab
READ MORE »[caption id="attachment_631" align="aligncenter" width="458"] What to Expect from an Equipment Appraisal[/caption] An equipment appraisal is a critical process that helps businesses determine the fair market value of their assets. This value is essential for various purposes, such as fi
READ MORE »An equipment appraisal is an important step in the process of buying, selling, or financing equipment for your business. This process helps to determine the fair market value of equipment, which can be used to make informed decisions about equipment purchases and sales, as well as for insurance,
READ MORE »Most business owners seek a valuation for their company when there’s an immediate need — they’re ready to sell or raise capital now, or they have a shareholder that is being bought out or gifting equity to family. But valuations can be useful whether a deal is imminent or not. We
READ MORE »From time to time, I am in the unfortunate position of telling some 50-year old business owner that they "just don’t have any goodwill". "But we have been around forever, or our name is like a household word in the community, or we literally have thousands of customers"&nbs
READ MORE »The buzz is that if you are a Baby Boomer and you want to sell your business in the next few years, then you are in the majority. You are not the only Baby Boomer and will possibly have your business compete against many more similar businesses in both model and industry. In order to be well-prepare
READ MORE »