Key takeaways for “3 Proven Ways To Determine The Value Of Your Business”: 3 ways to help determine the value of your business Why certain approaches may not be suitable for your business Using multiple forms of analysis to come up with fair value 3 Ways To Determine The Value Of...
Key takeaways for “7 Ways To Improve The Value Of Your Business For Resale”: Give potential buyers assurances by maintaining high revenue and giving quality financial records Hire and develop skilled employees that will ensure the growth and success of the company Have a projection plan for...
Key takeaways for “What Does It Mean To Take Your Company Public?”: Understanding the process of going public Advantages and Disadvantages Key questions to consider if you’re thinking about taking your company public What Does It Mean To Take Your Company Public? By the middle...
Is It Time to Fire Yourself? Do you find yourself in a position where you are the final decision maker in every aspect of your company? Be honest: Do your customers insist on speaking to you instead of your employees? Can your managers make financial decisions without your approval? Who brings...
Key takeaways on “6 Ways To Sell Your Business To A Competitor”: Know your numbers Proper nondisclosure agreements Be cooperative Don’t be afraid to ask for help when you’re trying to sell your business to a competitor Helpful Tips To Help You Sell Your Business To A...
Key takeaways for “5 Ways To Add Value To Your Business By Being Less Involved”: Understand how your daily involvement impacts the value of your business in a negative way The importance of having monthly recurring revenue to add value to your business Empower employees to make...
Key takeaways from “1 Common Mistake Business Owners Make When Selling”: Should you cross-sell new products or focus on existing core competencies when positioning yourself for sale? Example of why cross-selling is common mistake business owners make If you’re even thinking...
Key takeaways for “One Simple Tweak That Can Add Millions To The Value Of Your Business”: The equation to determine the value of your business Definition of business multiple Guidelines of the multiplier 3 examples of how to increase your multiplier Most entrepreneurs understand the...
Key Takeaways on how to avoid disappointment when selling your business: a common mistake people make when evaluating their business (similar to evaluating their home) ways to avoid setting unrealistic expectations how to endowment effect impacts your ability to set reasonable pricing...
Key Takeaways From “Increase The Value Of Your Business By Focusing On 1 Number: Understanding how to increase the value of your business by mastering 1 simple equation What a business multiple is 7 ways to multiply your business value How To Increase The Value Of Your Business By...