Who’s Buying Your Business? Two Types of Buyers
You’ve decided to sell your business.
Whether you aim to sell now or later, you need to consider two primary types of buyers: The financial and the strategic buyer.
In this article you’ll learn the difference between them and how to prepare for both.
The Cost of Ignorance: Why Knowing Your Company’s Value is Critical
A shocking 98% of business owners in the US have no idea what their company is worth. This is due to an aspect of running a business that often gets neglected: performing an accurate business valuation.
In this article you’ll learn how to avoid this mistake.
Double Down to Stand Out: Mastering the Art of Specialization
Two important steps will set you apart from your competition:
1. Specializing in one product or service
2. Focusing on a specific industry
In this article, you’ll learn the benefits of both and how to implement them in your company.
Business Valuation: Eight Benefits for Company Owners
The wealth of two-thirds of all small business owners is tied up in their businesses. For many of them, their business becomes the personal retirement savings vehicle. Sadly, most are driving blind.
The information to prepare adequately for retirement is one of the benefits of a business valuation. Here are eight others:
Stop Using Your Company’s Bank Account As a Slush Fund!
Are You Using Your Company Bank Account As a Piggy Bank? Picture a magic slot machine. Each time you pull the arm, you receive a multiple of whatever you wagered. How much time would you devote to cranking that arm? When it comes to the value of your business,...