Many people who run small businesses plan to sell them during retirement. Sometimes, they also consider that kind of decision when the industry changes and they're no longer able to compete. You may hire a professional appraiser when you want to find out how much your business is worth. This step may give you a benchmark for deciding when to sell your business and whether or … [Read more...] about Selling Your Business? Here’s How You Can Get A Good Deal
Business Valuation
Valuing Your Business: What is Your Business Worth?
What is my business worth? It's a question I've asked myself hundreds of times over my 40-year long ownership career. And valuing your business, as an exercise, is a great thing to do from time to time -- it gets you thinking and dreaming, which is not a bad thing. But it wasn't until I started buying, expanding, and selling my own businesses that I really got a feel for what … [Read more...] about Valuing Your Business: What is Your Business Worth?
Thinking of Selling Your Website? How to Determine Your Website’s Value
Website owners have a different reason for creating their sites. You may have created your website with the goal of making it as your sole or additional revenue source. Or you may have altruistic motives whereby you don't really aim to make big money (or any money, for that matter) out of it, but simply want to get your message across your target audience. Whatever your … [Read more...] about Thinking of Selling Your Website? How to Determine Your Website’s Value
Business Value and Your Small Business
Business performance measurement and management promote the use of carefully selected key performance indicators to evaluate the performance of a company, its management, and employees. Management theory has long recognized that the primary purpose of a company s management is to maximize shareholder value. For large companies with stock that freely trades in public securities … [Read more...] about Business Value and Your Small Business
How to Find the Right Professional to Value Your Business
At some point most business owners will need to find out how much their business is worth. They will be faced with the task of finding someone to perform a business appraisal or valuation. In such unfamiliar territory owners often don't know where to start. With the relationship between the three skills and the functional needs of the business, Gerber was only partially … [Read more...] about How to Find the Right Professional to Value Your Business