“Exit Planning? I’ll start soon—I’ve got plenty of time.”
“Exit Planning? I’m too busy. I just don’t have enough time.”
The problem with both of these statements is that active business owners seldom slow down. We all know that the only things likely to reduce your pace are death or terminal burn-out. This is not to imply [...]
Archive for the ‘Business Valuation’ Category
Time: Too Much or Too Little?
Posted on October 22nd, 2009 by Bay Area Business Sales
Filed under: Business Continuity, Business Owner Objectives, Business Valuation, Exit Strategy, Increasing & Preserving Business Value, Personal Wealth, Transferring Business Ownership, Uncategorized
What is My Business Worth?
Posted on January 7th, 2009 by Bay Area Business Sales
Filed under: Business Valuation, Exit Strategy
For many owners, the answer to one question determines their eagerness and ability to leave their companies: “How much is my business worth?” This question is indeed critical and answering it is the second step of your seven-step Exit Plan.
Take Ron Nee, the owner of Landscaping Supply Company, as an example.
Ron was ready — and [...]
Valuation and Your Business Successor
Posted on July 16th, 2008 by Bay Area Business Sales
Filed under: Business Valuation, Exit Strategy
We talked about the importance of determining your departure objectives as a first step to leaving your business under most favorable conditions. One of the goals outlined was deciding to whom you will transfer the business: children or family members; key employees; co-owners; or a third party known or unknown.
It is important to appreciate the [...]
How Much is My Business Worth?
Posted on July 15th, 2008 by Bay Area Business Sales
Filed under: Business Valuation, Exit Strategy
Business owners often ask, “How much is my business worth?” The question may be irrelevant and a much better question is: “What is the most I can get for my business under the most favorable terms and conditions?” Answering this question in a more practical manner requires following one of two approaches. The first is [...]
Business Valuation - Why You Need to Know What Your Business is Worth
Posted on July 14th, 2008 by Bay Area Business Sales
Filed under: Business Valuation, Exit Strategy
We’ve talked about some important steps in developing a successful business exit plan: Setting a tentative Departure Date so that Advisors can put all planning efforts in context;  assessing your post-retirement financial needs because meeting them is a key measure of your Exit Plan’s success; choosing a successor to give structure to your Exit Plan. Keep in mind, it is not [...]
Business Valuation - Baby Boomer Business Owners Tipping the Scales?
Posted on July 11th, 2008 by Bay Area Business Sales
Filed under: Business Valuation, Exit Strategy
You, or someone very close to you, are part of 78 million Americans that make up the largest population segment in the United States: Baby Boomers. This generation is classified as anyone born between 1946 and 1964. According to a recent study by BIG Research, 9% of boomers with household incomes exceeding $50,000 are small [...]
Why is Business Valuation so Important?
Posted on June 15th, 2008 by Bay Area Business Sales
Filed under: Business Valuation, Exit Strategy
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Maximize what you get and minimize what the IRS takes.
We talked about setting your “end game” objectives as an important step in mapping your business Exit Plan. Remember, if you don’t know where you’re going, any map will do. Equally important is the starting point. If you don’t know where you are…a map won’t help. Valuing [...]