Does the following scenario sound familiar? Once a year you get a statement in the mail. You eagerly anticipate its arrival. The contents of this envelope will tell you if your biggest investment — your business — has increased in value over the past twelve months. The bulk of your net worth is tied up […]
Following is a short recap of some of the best articles I’ve read recently on selling a business, buying a business, business value, as well as other useful nuggets of small-business wisdom. [Plus a postcard from one of my travels through Main Street USA.] What creates value in your business? Don’t let the math stop you […]
Following is a short recap of some of the best articles I’ve read recently on selling your business, buying a business, business value, as well as other useful nuggets of small-business wisdom. [Plus a photo from my travels around Main Street USA.] Staging Houses and Staging Companies Great punch list of action items broken into nine […]
The good folks at the Northwest Arkansas Business Journal published my latest guest commentary this week [subscription required]. It was part of the “Northwest Arkansas’ Largest Private Companies” issue. Here is the article in its entirety. Enjoy! I’m a sucker for a good list, and the annual round up of Arkansas’ Largest Private Companies is […]
When it comes to TV entertainment for business brokers there are precious few shows that people like me can really sink our teeth into. I watch ABC’s Shark Tank for the same reasons most people do, namely to laugh at the ridiculous valuations and live vicariously through the sharks’ snarky comments. The History Channel’s Pawn […]
How is that we’ve been trained to think of certain things like cars and homes in terms of resale value, but not our most valuable asset: our business? Even if you have no plans to sell today, or in the short term, or ever, it is good to get in the habit of protecting the resale value of your business.