Posts Tagged ‘business value’
Business Owners Must Avoid the Glider Path
I know a doctor who built a great practice and then unintentionally ruined it. Doc was a hard worker. He had earned his way to a comfortable retirement. But then he made a critical mistake. He took his foot off the gas. He figured he could glide for a few years before selling the business. He…
Read More3 Steps to Prepare Your Business for Sale in 2019
It might not be something they like to talk about, but all business owners should at least think about what their exit strategy is. Even massive companies like Campbell Soup Co. sell off business units at one point or another, so it’s best to be prepared. Plus, there’s never been a better time to sell. Citizens Bank’s…
Read MoreHow to Make the Most of Your Business Valuation (Even if You’re Not Ready to Sell)
What is your company worth? It’s important to know your business valuation. If you’ve put any thought into life after running your current business, you’ve likely given this question some consideration. But the real question is this: Is your own estimate accurate? More than likely, it isn’t. Sure, no one knows your business better than…
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