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How does a business valuation help me improve the value of my business?
When do you need a valuation? Certain events require or motivate business owners to get a valuation of their business. The need for these is or becomes obvious as the event arises. For example; Insurance purposes Litigation Support Shareholder or Partnership...
What Makes up the Value of Your Business?
Understanding what makes up business value will help the business owners run their businesses so that it not only generates the income they need but also maximize the business's value at exit. Business value is comprised of tangible assets and intangible...
What is Exit Planning – Video Interview
For those looking to understand what Exit Planning is and why it is important, this 10-minute video interview will give you a high-level perspective.
Why only a few business exits are successful?
“Have you ever been driving down the highway at 75 MPH and you pass someone who is backing up on the shoulder because he missed his exit? That person is going to cause an accident, you think to yourself. Unfortunately, that’s what most business exits...
4-Step Guide to Strategic Planning
Does your business have a clearly defined path forward? Or do you sometimes feel that you’re making things up as you go? At The Alternative Board (TAB), we encourage all business owners to develop strategic plans to help guide their businesses in a positive direction....
Personal Vision
Are You Living Your Personal Vision of Success? “A man without a purpose is like a ship without a rudder.” —Thomas Carlyle Think back to when you first started your business. Or, better yet, when you first conceived the idea for your business. You had a great vision...
Five Things Every Business Owner Must Know About Exit Planning
FIVE STAGES OF VALUE MATURITY Owning a business comes with more than its fair share of risks. To increase value and minimize risks in your business, you should follow the 5 Stages of Value Maturity as detailed in Christopher Snider’s book, Walking to Destiny....