What are your business goals for this year? If you’re like most owners, you have a profit goal you want to hit. You may also have a top line revenue number that’s important to you. While those goals are important, there is another objective that...
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 still see major variations in valuation. So we dug...
Business Owners risk greatly in betting on themselves. They made the decision that their destiny would be determined by them and not at the hand of some boss, some board or some analyst. They courageously said, “I can do this” and took the plunge. Their stories...
If your company’s revenue has stalled after a period of rapid growth, you may have fallen into The Mile Wide Trap. Consider the case of Kim (not her real name) who runs a public relations firm. Kim studied marketing at school and went on to work...
A recent survey by The Value Builder Score found companies that would perform well without their owner for a period of three months are 50 percent more likely to get an offer to be acquired when compared to more owner-dependent businesses. There is no better justification...
Have you been thinking about selling your business but just can’t decide if now is the best time? Do you find yourself repeatedly analyzing the economic situation and wishing you had a crystal ball? There are positive signs and there are negative signs…. If you’re still...
Your company is probably your largest asset. It’s likely worth more than your house or your investment portfolio. But unlocking the value in your business can be tricky. For you to cash out, someone has to want to buy the company you’ve created. That is why...
by Glen Cooper, Carolyn Ryan & Scott Perry www.myColoradoBusinessBrokers.com Selling a business is complicated. You can take control of the process, however, by learning what to do. All three of us are full-time business brokers and business coaches for small businesses. We’ve learned many lessons. In this article, we write...
By Glen Cooper, Colorado Business Brokers Buyers are often attracted to certain businesses for reasons other than reported profits. They will even pay premium prices for businesses if they see other factors that matter to them. Just what are these other factors? That’s what this article is about. Prospective...