The subject of ethics in business is one that gets little attention in the press — at least, until someone goes to jail for insider trading, or is investigated for price-fixing discussions with ... |
If there's one overriding principle to observe, in the realm of dealing with potential buyers, it's that you must be truthful and complete in the information you share about your business. It's fine ... |
If you co-own your business with partners or other shareholders, the law imposes certain duties on you to deal fairly with them. |
The value of a typical small business should be greater than the total values of its hard assets. For a buyer, the key is that an ongoing business has everything necessary — equipment, location, ... |
It's important to recognize that the things you love about your business are not necessarily the same things that a buyer will love. You may appreciate a lot of the intangible benefits you get from ... |
Regardless of the state of the economy and of your industry, there are any number of things that you can do to improve your business's appeal to buyers before the sale. The main problem is that a lot ... |
One thing that virtually all small business owners do to "dress up" their business before a sale is to recast historical financial statements for the last three to five years, and draw up projected ... |
So, you've examined your company's historical financial statements, thought carefully about your prospects for future growth, and perhaps had your accountant |
At a minimum, your company should be valued at the sum of the value of its easily salable parts. Two commonly used business valuation methods look primarily at the value of your hard assets. |
Most small companies are valued using one or more of the following methods, which take into account the company's historical earning power. In contrast to the |
