Considering the concept of company values often leads to a vital question: how do they affect business success? Here, we unpack the essence of company values, showcase how they can become your strategic assets and provide insight on aligning them with your business...
Category
Business Valuations
Why Good Bookkeeping Matters in the Selling Process
The decision to sell your business can be both exhilarating and nerve-wracking for large and small business owners alike. Whether you're embarking on new ventures or entering retirement, preparing to sell your business demands careful planning and precise execution....
How Management Team Depth Affects the Value of a Business
The success and longevity of any business is intricately tied to the strength and depth of its management team. The depth of a management team not only impacts the day-to-day operations and decision-making of a business, but also significantly influences its overall...
The Lehman Formula Demystified: A Comprehensive Look at Transactional Fees
Have you been thinking to yourself I'm ready to sell my business? This is a pivotal moment for any business owner as it marks the culmination of years of hard work and strategic planning. Next comes the business sales process. As you prepare for your exit, the people...
The Significance of Balance Sheets in Business Sales
A balance sheet is a vital financial document offering a snapshot of a company's financial standing at a particular moment in time. When it comes to selling a business, the importance of a well-prepared and accurate balance sheet cannot be overstated. Definition and...
The Crucial Role of Maintenance Contracts When Selling Your Business
In the intricate tapestry of business sales, maintenance contracts play a pivotal role. Maintenance contracts, encompassing agreements related to the care, upkeep, and support of critical business assets, play a crucial role in shaping the narrative of a business sale...
Are You Running a Lifestyle or Growth Business?
Do you have a job that pays well or an asset that produces income for you and grows in value?
Why a Solid Marketing Program Impacts the Value of a Home Service/Facility Management Business
A solid marketing program can increase your cash flow and lead to a higher sale price.
What is Seller’s Discretionary Earnings (SDE) in Business?
Seller’s discretionary earnings (SDE) are calculated by your broker or advisor during a business valuation. It represents how much your company earned before the owner takes a profit and deducts recurring and non-recurring expenses. This guide defines SDE, explains...
Why is Business Valuation Important?
It is essential to receive a professional business valuation before you start the sale of your company.
Will Adjusted EBITDA Affect the Value of My Business?
There are many factors that impact the best time to sell your business. At the top of the list is the value of the business, adjusted EBITDA, and your net profit from the sale after taxes and fees are paid. I would like to outline a simple formula that can give you an accurate estimate of what your business is worth.
Tax Strategies: Capital Gains vs Ordinary Income
It is not what you sell your business for that matters. What matters most is the amount you take home after fees, expenses, and taxes are paid.
What Documents Do I Need To Sell My Business?
Are you confused by what documents are needed to sell your company? Here is a list of the essential documentation you will need.
How long does it take to sell a business? What are the steps to selling a company?
How long does it take to sell a business? It typically takes around 6-9 months to sell a business. However, the process may vary based on industry and the current state of your business. Regardless of the type of business you operate, the process of selling a business...
Strategic Buyers – Who are they and why do they matter?
So, you’ve made the decision to sell your business and have determined its value. The next critical step is choosing the right buyer group to market your business to. This can affect the sale price and terms, the role you will be asked to play in a transition,...
Which business buyer is right for your company?
One of the questions we are frequently asked is: ‘who would be interested in buying my business?’ For starters, there are three broad groups that business buyers fit into: Owner/Operators Strategic Buyers Financial Buyers We want to think about which may...