Whether you plan to sell your business, bring in new partners or seek growth capital, you need to know the value of your company. That means taking a realistic perspective, rather than setting your expectations too high. When preparing a formal valuation, an accountant is likely to use one or more academic methods for determining…
About 75 percent of business owners “profoundly regret” selling their business one year after finalizing the deal, according to the Exit Planning Institute Survey. One of the prime reasons for their unhappiness is closing the sale with the wrong buyer. After all, every seller and buyer has a certain set of goals, values and priorities.…
Generational transitions require capital and a renewed commitment to the business. They can force difficult decisions, including whether to sell, although other alternatives may be superior. Many owners dream of keeping their business within the family for generations, yet this becomes increasingly difficult over time. Ownership stakes become dispersed among family members whose priorities are…
