I came across this great article on Divestopedia about the pros and cons of having your accountant value your business. This is too good to not share. https://www.divestopedia.com/should-my-accountant-do-my-business-valuation/2/8199 There is value to having an independent 3rd party who has sold businesses value your business.
TYPES OF BUYERS As a Seller of a business it is important to know the types of buyers you will encounter in the sales process. Selling a business successfully requires the help of a M&A advisor who “knows the ropes” and has dealt with each type of buyer. Financial – Financial buyers like to base their [...]
Here are 3 ways for you to maximize the value of your business using multiple arbitrage. 1. Make an investment in your books. It is common among business owners to view the cost of financial reporting (keeping the books and accounting) as an expense. It is seen as a “necessary evil”. The cost of the [...]