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3 Non-financial Factors That Affect the Value of Your Business
A lot more than your business’s financial statements determine its true worth. The top three non-financial factors that can drastically affect business values are management structures, diversity, and growth potential. If you’re the buyer, these factors can help you see the bigger picture outside the numbers and get an idea of what’s actually driving the business’s success. If you’re the owner, these factors can give you a sense for which value drivers are important and…
Read MoreThe big, bad wolf — or is it really, when it comes to the housing marketplace?
With all the scuttlebutt about the potential looming recession, the one thing that always remains constant are the basics such as food and shelter. In the following article from Curbed.com, housing is discussed from many points of view throughout the real estate industry, with all of them coming to the same point of view, “Housing is safer from this type of recession.” https://www.curbed.com/2019/8/15/20807042/recession-housing-market-interest-rates-home-prices The real estate forecasters discuss the differences concerning housing and its demands…
Read MoreUse Accrual Accounting for Long-Term Success
You’re an entrepreneur who is excited about growing your small business. Maybe you’ve identified the perfect niche market designing websites for local restaurants or installing high-end home security systems. You’re passionate about your company’s services, growing your business, and polishing your brand. Your focus on those elements of your business is really important to your success, but you might be overlooking an equally important accounting decision that you need to make: Do you use cash…
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