Business Acceleration
The truth of the matter is, about 90% of what you know about your business was taught to you by someone else. The remaining 10% you probably learned from experience. Therefore, what you know about business transition could be limited and this begs the question: should...
Business Acceleration
There are two questions any serious business owner needs to ask: “who will own my business after me?” and “is my business transferable?” A thorough review of your company’s objectives should provide you with a clear answer to these questions. Check how much of your...
Business Acceleration
In a nutshell, small businesses are run by founders who are experts in their fields and therefore, set strategic directions for the business in an ad hoc manner. The problem with this setup is that they tend to incorporate less planning and more instincts into their...
Business Acceleration
If you haven’t started planning your exit, these three reasons should wake you up from your daydream and get you moving today. 1. Your business shows an upward trend, with a possible improved performance in 2014. There are only two components of business any future...
Business Acceleration
By definition, add-back expenses are expenditures that are not going to influence the value of your business once you decide to sell it. Why? Because these are one-time costs wherein the new owner can’t expect benefits from especially in terms of net expected cash...