Have you struggled to identify a recurring revenue model that works for your business? If so, you’re not alone. Most operators understand the benefits of establishing a stream of recurring revenue, such as predictable cash flow and an increase in their company’s valuation, but struggle with where and how to start. Quick fixes like changing your pricing from a one-time …
Maximize Your Company’s Value Before Sale
Members of our Advisory team are frequently asked “How do I make my company more valuable?” by business owners. Ultimately, what they are after is to understand: “What is my company worth?” For a privately held company the answer is, of course, “That all depends what someone else is willing to pay for it.” Here’s an analogy: If today someone is asking $100 for …
The Questions You’ll Be Asked When Selling Your Business
One of the most intimidating aspects of selling your business can be facing the barrage of questions during the various management presentations you’ll be doing for potential acquirers. While each discussion will be unique, you’ll want to pay special attention to the formulation of well thought out answers to the following: 1. Why do you want to sell your business? This …