Exit Planning is Simply Good Business Planning

We have to start thinking positively about the words “exit planning.”  You say the words, and owners shut down – could be because of emotional attachment, the fear of change, lack of resources…. Could be worse – could be lack of awareness or procrastination.  But guess what?  Studies have shown that 75% of those whoRead More…

What is the Most Impactful Driver of Business Value?

We talk about the importance of understanding, increasing and unlocking the value of a business and while much of what we write and teach about relates to understanding how business valuation works, here we are focusing on increasing the value of a business.  While there are many quantitative and qualitative levers that impact the valueRead More…

Business Valuation is More Than a Multiplication Equation

The risk of rushing to democratize business valuation The importance of business owners understanding the value of their business cannot be understated.  Far too many business owners believe that a business valuation is not needed unless selling is imminent. This thinking stunts the owner’s ability to manage their business as an investment—to know with certaintyRead More…

The Power of Having Your Business Ready for Sale At Any Time

There is no shortage of new ideas and books each year on how to best manage your business. Most of these business management books are providing ideas which will ultimately (hopefully!) result in increasing the value of your business as an investment.  In actuality, when done thoroughly, the business valuation process encompasses an analysis andRead More…