May 12, 2020 | Business Valuation, Goodwill, Small Business, Value Drivers
Personal and enterprise goodwill represents the intangible value of your business above and beyond the value of the identified tangible assets. Tangible assets may include items such as land, equipment, and cash flows. The intangible value may include items such as...
May 5, 2020 | Business Valuation, Estate Planning, Small Business, Succession Planning
Transferring your family business is often a large process for small business owners. Having an effective succession plan in place helps avoid many of the potential pitfalls in the transition. Whether you are ready to retire or plan to be a part of the business until...
May 4, 2020 | Business Valuation, Estate Planning, Small Business, Succession Planning
Many small business owners spend a lifetime building their business. But many fail to plan the transition of their business. This transition process is known as succession planning. It can be difficult for an owner to decide whether to sell, dissolve, or transfer the...
Apr 29, 2020 | Business Appraisal, Business Valuation, Estate Planning, Small Business
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...
Apr 24, 2020 | Business Valuation, Cash Flow, Small Business
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...
Apr 21, 2020 | Business Appraisal, Business Valuation, Small Business
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...