What are the regulations and laws that govern our Business? There is the Constitution and Bill of Rights. From these have evolved Federal and State laws that govern the people. These govern the government businesses and people in America. We have all heard of the natural laws that are not from the Constitution or Bill of Rights. One of these laws is the law of attraction. We focus on something and get it, right. These natural laws govern our universe yet they are not in a Constitution or Bill of Rights. There are other natural laws too like the law of vibration but that is for another discussion. But what laws govern your business?
Then there are business principles and laws that have been found by experience and written by Jack Trout and Al Ries’s below. Similar to these are business principles and laws of business value in the book, “14 Immutable Laws of Business Value“. After 20 years of business experience and research Mr. Whipple wrote them in 2008 so you could use them for your business.
These principles and laws above are either working for or against your business right now. We offer an online complimentary review of your situation to discuss how they could work for your business to maximize it’s value.
Have you ever had to value a business because you were buying, ran into a divorce, health reasons or tired of your business? Some value it using only financials while savvy business sellers and buyers look at principles and laws along with other areas like intellectual capitol of the business or the organization model before a value is placed on it. For example, while I was selling businesses, one Buyer that already owned 4 businesses was looking for another. He said, “The Owner must be out of the business”, while looking at list other businesses for sale. The Buyer had millions but was not going to move forward till this one criteria was met. This law is discussed in the book, mentioned above, with the principle of cash flow and stated in rule 12 pg., 21. and this post. Learning about the principles and laws of business that are working for or against your company’s value in the above books could begin a new path for building equity in your business.
Have you ever had to depend on someone else’s evaluation or appraisal? And then later you knew that it was worth more than the appraisal, and wished you knew how they did it and or how to increase it a few more $100,000? You are not alone. And this website, tools, Institute will help you stay ahead of the game next time. Set a time for a complimentary review of your particular business situation to identify un-tapped business value. We offer an online complimentary review of your situation.