Apr 6, 2024 | Business Appraisal, Business Appraiser, Business Owner, Business Plan, Business Valuation, Buying a Business, Growing a Business, Selling a Business
Over 4.5 million businesses are started in the United States every year and nearly 33 million already exist. One of the best ways for business owners to prepare for challenges is to obtain an annual business valuation. The purpose of a business valuation is to equip...
Mar 5, 2024 | Business Appraisal, Business Plan, Business Valuation
Whether you are starting, buying, expanding, or selling a business, it is important to have a strong business plan. A business plan is a document that outlines a business’s goals, strategies, operations, and financial projections. This document serves as a roadmap to...
Mar 25, 2022 | Business Owner, Business Plan, Business Valuation, Growing a Business, Small Business
Maximizing the value of your business is beneficial whether buying, selling, or growing a business. While there are many ways to do it, these are a few of the most essential drivers behind a successful business. Value drivers are a concise way to focus on what matters...
Mar 6, 2021 | Business Appraisal, Business Plan, Business Valuation, Liquor Store
Profitable liquor stores are always in high demand. Specifically, during the COVID-19 pandemic, liquor stores have fared well and have continued with strong growth. With the strong growth, it is a great time to buy or sell a liquor store. The first step of that...
Jan 21, 2021 | Business Plan, Business Valuation, Exit Strategy, Selling a Business, Transferring Ownership
If you are looking to sell your business, you might want to explore transferring ownership to a key employee. When you started your business, you probably never considered the day you would retire, or leave your business in someone else’s hands. A business...
Jul 22, 2020 | Business Plan, Business Valuation, Exit Strategy, Selling a Business
For most small business owners, there comes a day when you decide to transfer your business. This may be because you wish to retire, seek a partner to assume ownership, or are ready to move on to something new. No matter the reason, transferring ownership has many...
