Tag Archive

Tag Archives for " succession planning "

Are You a “Hub & Spoke” Business Owner?

Have you ever watched a bicycle wheel? It is easy to be amazed by its simplicity as is rolls perfectly down the road straight and true with no wobbling while providing a smooth ride. There is a lot of engineering in a bicycle wheel. The perimeter of the wheel contacts the surface while each part […]

Continue reading

Have You Built The “Switzerland Structure” Into Your Business?

The value of a business can be negatively affected when it is too reliant on any one customer, employee or supplier. The Switzerland Structure is based on Switzerland’s focus on neutrality. The country has not declared a state of war since 1847 and it never entered the World Wars or the Iraq war. It opted […]

Continue reading

Cash Flow Can Affect Your Company’s Value

You already know that your company’s revenue and profits play a big role in how much your business is worth. Do you also know the role cash flow plays in your valuation? Cash vs. Profits Cash flow is different than profits in that it measures the cash coming in and out of your business rather […]

Continue reading

Increase Business Value With a Powerful Business Plan

A comprehensive business plan can play an integral role in increasing business value. A written plan that is updated on a regular basis demonstrates to a potential buyer that the business has been run in a professional, thoughtful and purposeful way. This increases the buyer’s confidence by reducing perceived risk making it more likely they […]

Continue reading

Selling Your Business? 8 Signs Your Business May be a “Fixer Upper”

Building business value is very much like building equity in your home. Just as we are constantly maintaining and updating our homes to retain its value and saleability it is equally important to maintain and update our business so equity continues to grow and provide the maximum payoff when we are ready to cash out. […]

Continue reading

Business Value: Are You as Rich As You Think?

Most business owners did not start or buy a business to make tons of money, or take the 5 business value drivers into consideration when starting up. You put your heart and soul into your business counting on the big payoff to provide the lifestyle you always dreamed. Your business is your vehicle make an […]

Continue reading