Family-owned businesses are frequently a part of estate and succession planning. As a business owner, your family business is often one of the largest assets in your estate. If you are gifting or transferring ownership, particularly for closely-held businesses, a...Read More »
Knowing your numbers is critical for successful businesses. Many business owners simply look at profit and losses to determine whether their company is successful. However, there are many more financial figures that feed into cash flow. As such, business owners should...Read More »
There are many reasons to obtain a business valuation from a qualified and credible business appraiser. A few of the common reasons include: Selling a business Merging or acquiring another company Financing a business Transferring or establishing partnership ownership...Read More »
Valuation approaches are methods that business valuation experts use to determine the value of a business. There are various approaches valuation experts use. A good business valuation report will include several. Within each approach, there are different methods a...Read More »
Deciding on the purchase price of a business is a crucial part of the selling process. Let’s say your business has been on the market for the last several months. The business is listed for $4M. While you are excited to sell at that purchase price, many businesses...Read More »
