What Are Your Business Goals?

Your objectives for your business, your family, and for other key stakeholders needs to be defined, evaluated, and assessed. Start by working to determine your company’s situation and your goals. This review will assist you in determining the most logical path for...
Adding Value With Recurring Revenue

Adding Value With Recurring Revenue

Businesses are typically value based on their ability to generate profits in the future and the risk associated with these future earnings. Businesses that earn steady, predictable, and consistent income will generally be valued higher than businesses that do not....
Preparing To Sell: Analyzing Your Finances

Preparing To Sell: Analyzing Your Finances

Operating businesses are generally valued on a “going concern” basis, meaning that the business will continue to operate for the foreseeable future. When buying a “going concern” business, what you are actually purchasing is a stream of future cash flows earned by the...
Managing Your Inventory

Managing Your Inventory

As a business owner, it is always important to consider the factors that determine the value of your business. One element that can negatively affect your business value is carrying large amounts of excess inventory. Managing your inventory levels in your business is...