For True Value, Get an Independent Business Valuation

Jan 18, 2017 | Prep Your Business For Sale

What’s my business worth?   This is a question any owner might ask himself when he/she is ready to sell.  You close your eyes and think of all those long hours, sleepless nights, times you personally covered payroll (or didn’t take a paycheck), and struggle to put a...

With Delays, Deals Die.

Jan 11, 2017 | Must Knows About Business Sales

Every business sale is a minor miracle.  Just as the skydiver gently times his pirouettes and turns in his parachute to land precisely within the giant X of his landing zone, so too do all parties aim at completing what needs to be done from the time an LOI is signed...

Whether You’re Selling or Buying, Know Your Numbers – EBITDA, Cash Flow and SDE

Dec 26, 2016 | General

If you’re thinking about selling or buying a business, you need to have a good grasp on EBITDA – earnings before interest, taxes, depreciation and amortization. It’s the standard used when valuing many larger businesses. Buyers looking to acquire larger businesses...

Tax Planning Tips for 2017

Dec 12, 2016 | Must Knows About Business Sales

It’s time to start planning and budgeting for 2017 – and that includes tax strategies. While tax planning is one of the more confounding aspects of the business owner’s job, it also presents opportunities for improving your cash flow and profitability. We ran across a...

What Do Absentee-Owner Businesses and Unicorns Have in Common?

Nov 22, 2016 | What Buyers Need to Know

We often hear from people who are interested in finding a business that won’t take much of their time – one that’s cheap to buy and provides a good return. Something they can run as a sideline to their full-time job. The car wash is a common conception of the...