Leveraging 30k of Income to a 1 million dollar Business What is your company worth? How much equity do you have to leverage? All of us are familiar how a duplex could be purchased, cleaned up and fixed(kitchen) so it could be leveraged to buy another property. What about your business equity? We have a […]
A Small Business Owner gives, gives, and gives. So, how does the Owner get the most sweat equity from her or his business? So, they could show a loan officer or potential buyer their value? Owners are often putting in 60-70+ hours a week. Doing things that others cannot do. Or showing up for a […]
Are you having phenomenal sales? OK… Is your company valuable? Did you know you could have profitable sales and little or no business value? There are other critical factors besides sales volume during a valuation of a business. What are they? Let us give you a true life experience to show this point: While Mr. […]
5 Business Value Myths The value of your business is what you think it is. Employees are going to stay in the business you sell or buy. A Franchise is a better buy than an established business or E-Distributorship. Someone will tell you the “true” value of your business. You will know why they are […]
How Much does a Business Owner Need to Retire? Whether you are a serial entrepreneur thinking about a new idea or exiting your business are you thinking about the end game? Some Wealth Advisors suggest 3 million per person for a comfortable retirement. Life expectancy is about 79 and retirement age is around 67. Why […]
What is the Ideal Business Organization? From the picture above you could visualize how a business must have an ideal business organization at the time of the sale for maximum value. As you know, you cannot sell a car with the owner driving it. Similar, you cannot sell your business with you in it. You […]
Do you know a business sells on an average of 3 to 5 years? Like a home sells in 7.5 years or a car about 2.5 years. Every Business Broker knows this selling cycle. If you understand it, then you could get more business value and more equity at that time. What is the life […]
Below is an article about leadership that could relate to building trust of employees while making the transition to an ideal business organization while increasing business value. Trusting someone for new responsibilities is different than having great performance. An Employee could have met her/his goals and exceeded them but perhaps the trust is not there. […]