Terry is President and Co-Owner of Innovative Business Advisors. Terry received his designation as a Certified Valuation Analyst (CVA). This is an accreditation through the National Association of Certified Valuation Analysts (NACVA). Terry also holds a Real Estate Brokers License with the state of Illinois. He is the author of You Don't Know What You Don't Know. To learn more about Terry, click here.
1/24/19 - Best Real Estate Investing Advice Ever with Joe Fairless:
2/21/19 - Exit Coach Radio with Bill Black:
Is Your Company Bankable? How to Improve Your Chances of Being Approved for a Loan
You’ve mapped out your debt schedule and optimized your operations. You have cash flow and collateral. Your business is budding, and you could use some extra cash to capitalize on the opportunity. Congratulations! It’s time to apply for a loan. But how can you be sure you’ll secure the financing you need?
In this article, Terry Lammers demystifies the process of applying for a bank loan as a small business owner, offering three tactics to ensure your business is bankable. Read the full article here. Published on 3/4/19 on Business.com.
This article was published on our Blog page on 3/6/19: https://innovativeba.com/is-your-company-bankable-how-to-improve-your-chances-of-being-approved-for-a-loan/
How to Make the Most of Your Business Valuation (Even if You’re Not Ready to Sell)
What is your company worth? If you've considered what life after running your current business might be like, you've probably given this some thought. But here's the real question you should be asking: Is your own estimate accurate?
It probably isn't. While no one knows your business better than you do, that doesn't mean you understand the intricacies of determining what someone else would pay for it. That's why it's essential to seek out a professional to help you come to an accurate valuation. And once you do that, there are a few steps you can take to make the most of that valuation — whether you're ready to sell or not. Read the full article here. Published on 3/19/19 on Due.com.
This article was published on our Blog page on 3/20/19: https://innovativeba.com/how-to-make-the-most-of-your-business-valuation-even-if-youre-not-ready-to-sell/