As an entrepreneur, getting a handle on the financial health of your company is just good business, whether you’re looking down the road at a buy-out or you’re planning for future growth. In order to maximize the value of a professional business valuation, however,...
Congrats, your business is thriving! Your revenue is strong. Profits are growing. Cash is accumulating in the bank. Your customers are happy and so is your staff. You’re starting to wonder if now is the right time to expand your business; but you’re concerned that...
Cash flow is one of the economic factors used to determine the value of your business. You may have heard the term “cash flow” before, but that doesn’t mean you’ve got a solid understanding of what it is, or what it means for your business valuation. If you’re looking...
Buying an existing small business can be a shortcut to expanding your current business or taking on the mantle of business owner for the first time. Someone else has already done the legwork to get the venture up and running. They laid the foundation. They’ve built a...
It takes money to make money. You’ve probably heard that old adage more times than you can count, and as a business owner, you can attest to its veracity. While many entrepreneurs have self-financed their companies, there are many others who have had to secure outside...
If you are like most small business owners, the buck stops with you when it comes to the growth and profitability of your company. And if you serve as the company’s CEO, you might be wearing multiple hats to ensure the smooth day-to-day operation of your business....
