More often than not, when I meet business owners and they start talking about their financial challenges, it becomes apparent that they do not have or follow a coherent strategy for their business. One way to get started with basic strategic planning is with a SWOT Analysis.… Read more >
An enormous amount of content is published on buying and selling businesses. Today I’d like to focus on one of the areas of building your exit strategy that should concern every business owner – how to increase it’s valuation.
Most of us know that a rule of thumb for valuing a business is using a multiple of EBITDA (Earnings Before Income taxes, Interest, Depreciation and Amortization).… Read more >
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