Guiding Entrepreneurs Toward Success
As a 5-time entrepreneur who has helped several businesses increase their value, I know what it takes to run a successful business. If you’re trying to figure out what your business might be worth, it’s helpful to consider what acquirers are paying for companies like yours these days. According to Oberlo, the number of small …
How to Add Millions to The Value of Your Business Using EBITDA AdjustmentsRead More
As global business increases with technology, so does the reach and rate of business scams. As you consider selling your business you are particularly vulnerable to attempts of being scammed. If the sale of your business is your plan for funding your retirement, approach a sale with an abundance of caution Preparing your business for …
10 Scams to Look Out for When Selling Your BusinessRead More
This month’s Vendor Highlight is Wendy Grant, founder of Wenvia. I had a chance to sit down with Wendy and discuss her journey as an entrepreneur who started her business during the plight of the pandemic. Hi Wendy, tell me a bit about your business? Living within the confines of my home during the pandemic …
How to Grow a Company While Balancing Family and a 9-5: Vendor Highlight Wendy GrantRead More
Written by Jack McCollum of Synergy Employer Consulting Services A professional employer organization (PEO) is often considered a cost-effective alternative to hiring a large HR department. According to Wikipedia, a PEO is defined as: “A professional employer organization (PEO) is an outsourcing firm that provides services to small and medium-sized businesses (SMBs). Typically, the PEO offering may include human …
There comes a time for everyone to move on from the business they’ve created– some happier reasons than others. But even if you’re just starting, having an exit strategy for your business will help prime you for success, rather than leaving value on the table when the time comes. This guide will walk you through …
Exit Strategies for Small Business Owners: A Summary GuideRead More
Buying a business is an opportunity to skip the growing pains of launching a startup. It’s a chance to start with a proven model with customers and cashflow. How can you tell if the prospective business is a genuine investment opportunity or a disguised escape route for a burnt-out owner? The following is a list …
20 Red Flags to Look Out for When Buying a BusinessRead More
If you’re a business owner looking to retire soon, chances are you have a lot on your mind. You might be asking yourself: Am I really ready to retire? Is my business worth enough to warrant a buyer? If I do sell, will what I get be enough to help me live in retirement comfortably? …
Worried About Selling Your Business? You’re Not AloneRead More
How do I sell my business? Such a simple question. Unfortunately there is no simple answer. When it comes to selling a business, one size does not fit all. The answer is a series of additional questions that need to be addressed first: Have you considered what you will do once you are no longer …
What is my business worth? Ultimately, the person writing you a check for your business is the ultimate arbiter of the value of your business. Unfortunately, that is not the time you want to understand what someone is willing to pay for your business and why. Having a realistic understanding of the value of your …
How to Determine What Your Business is Worth: A Complete Guide.Read More
Three Pillars of a Successful Exit Plan The decision to sell your business or take on an outside investor is not a singular event, but an ongoing strategic process defined as Exit Planning. Most business owners avoid preparing an exit plan because they do not have a clear understanding of the process, or …
