10 Things That Make Your Business More Valuable Than That of Your Industry Peers
Articles, Building a Valuable Company, Improving Company Value The value of your company is partly determined by your industry. For example, cloud-based software companies are generally worth a lot more than printing companies these days. However, when we analyze businesses in the same industry, we…
5 Ways To Attract The Attention Of An Acquirer
Articles, Selling Your Business In any negotiation, being the person who makes the first move usually puts you at a slight disadvantage. The first-mover tips their hand and reveals just how much he/she wants the asset being negotiated. Likewise, when considering the sale…
Six Ways to Profit from Your Vacation this Summer
Articles, Improving Company Value Summer is here, and although it may seem strange, now may be the perfect time to increase the value of your company. The most valuable businesses are the ones that can survive without their owner. A buyer will pay a premium for a company…
Why Fire Trucks Always Back In
Articles, Preparing/Planning to Sell Your Business Have you ever noticed that fire trucks always back into the fire hall? …
8 Ways to Know if You Have a Job or Own a Business
Articles, Building a Valuable Company The ultimate test of your business can be found in a simple question: would someone want to buy your company? Whether you want to sell next year or a decade from now, you must be building an asset someone would buy – otherwise, you have…
Thinking Vs. Doing: The Owner’s Dilemma
Articles, Building a Valuable Company There’s a steady breeze from the northwest, which cools the warm Caribbean afternoon. Framed between a palm tree and the turquoise water, you notice a man reading. He appears to be working, which seems strange given his appearance: shaggy…
Will your business be more valuable this time next year?
Articles, Building a Valuable Company For many, January is a time of rebirth and resolutions. It’s a month to reflect on last year’s achievements and to set goals for the year ahead. Some people will set personal goals like losing weight or quitting a nasty habit, and most…
6 Little Things That Make a Big Difference to the Value of Your Company
Articles, Preparing/Planning to Sell Your Business With respect to the Olympic Games, it is interesting to reflect back on some of the big events of the 2010 Olympic Games in Vancouver. In the Men’s Downhill race at Whistler, for example, the winning time of 1:54:31 was posted by Didier…
Growth vs. Value: Not All Revenue is Created Equal
Articles, Improving Company Value When you look ahead to next year, will your growth come from selling more to your existing customers or finding new customers for your existing products and services? The answer may have a profound impact on the value of your business. Take…
Do you have a Billion Dollar Business Hiding Inside Your Company?
Articles, Recurring Revenue Asking customers to pay to join a special group of your best patrons can increase your revenue, encourage customers to buy new products and services from you, and provide a healthy boost to your cash flow. Just ask Jeff Bezos, the founder of…