Apr 15, 2020 | Business Valuation, Selling a Business, Small Business
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...
Apr 9, 2020 | Business Valuation, Economic Recession, Estate Planning, Small Business
With the current market volatility and economic downturn, many individuals are wondering how this economic crisis will affect their business, assets, and retirement. With all the uncertainty, we want to focus on an aspect that is certain. While estate planning may not...
Apr 8, 2020 | Business Valuation, Economic Recession, Small Business
Has your business been impacted by COVID-19? If so, do you know how it is impacting the value of your business? These are a couple of questions business owners may ask during the current economic crisis. A business valuation expert such as Peak Business Valuation can...
Apr 3, 2020 | Business Valuation, Cash Flow, Economic Recession, Small Business
Every economic recession creates opportunities for small businesses. Rather than simply hoping things get better, you can take action to improve your operations and position your business for growth. Taking steps now can prepare your business to survive the economic...
Mar 27, 2020 | Business Valuation, Small Business, Value Drivers
What happens when your business doesn’t have any cash on hand? It may feel a little like the steam is running out of your engine. Cash is the lifeblood of your business. During economic downturns, many businesses find themselves with a cash shortage through no fault...
Mar 24, 2020 | Cash Flow, Small Business
One of the most important parts of a business is managing cash flow. Over the last year, we have spoken with many business owners who have trouble managing this. It is one of the leading causes of failure for a business. Now more than ever, this is the #1 priority of...