If you are one of the rare business owners who set business goals for this year, it’s crunch time. Here’s how to make the most of the 3 months you have left to meet those goals.
Exiting your business does not just happen. It requires strategy and foresight. The good news is planning will boost your current business success!
Intellectual property is a highly valuable type of intangible business capital. It can take 1 of 4 forms: trademarks, patents, copyrights, or trade secrets.
Your company must take the time and invest the resources to protect its intellectual property! Learn why IP’s are so important, and how you can protect yours in our latest article
Poor financial management can manifest itself in many ways, but the price is always the same: the value of your business.
Odds are, as the owner of your business you are a strategist, visionary, and leader. But you likely don’t have the bandwidth to manage the complexities of your business’s finances.
But not to worry! We’ve outlined 5 ways financial management will improve your business’s value.
You’ve been working on the sale of your business for months now. All the work, not just to complete this sale but to build a business someone else actually wants to buy, is about to pay off.
You hold your breath as the sales agent slides a piece of paper across the desk towards you…with a number completely different than you’d negotiated!
“As you know, we did a final business valuation last week to determine the final sale price for the closing today,” she explains. “After reviewing all of your records, we have determined that the value decreased from our initial estimate a year ago. As a result, the sale price will be 25% lower than we originally planned.”
What happened to the profitable sale you worked so hard for?!