Recent Posts
Business Valuation Methods
Business Valuation Methods What business valuation methods should be used in business appraisals? What determines which one or more valuation methods are appropriate for a specific business valuation? Click on the arrow to the left of the title "Business Valuation Methods" for the 2 minute and 50 second audio in which I answer these questions for you? … [Read More...]
Business Valuation Formula
Business Valuation Formula "What is the correct business valuation formula?" That was the key question that three partners in an Austin software business asked me last week when they called about a business valuation. The question is common. It's one that many business owners and their professionals often ask. Just click on the arrow on the left side of the "Business Valuation Formula" title to hear me answer this question in the 2 minute and 35 second audio. … [Read More...]
3 Reasons Book Value Is Not A Valid Method For Austin Business Appraisals
Thinking of selling an Austin business or knowing its market value? Or maybe you’re considering buying a business in or near Austin. Business appraisals come to mind, don’t they? That wasn’t always the case. Let me take you back 28 years to a different place. I remember it well. May 18, 1972: The asphalt in Phoenix was already melting and I was three months into my first “real job” after college. I was the accountant for a 58-employee electrical construction company. Without … [Read More...]
“Valuation With Multiples” Makes You An Austin Business Valuation Expert?
Fantastic news if you’re interested in buying or selling an Austin business. It looks like you can become an Austin business valuation expert very quickly! I just read an article telling business owners how to value their own businesses for sale. Austin business buyers can use this, too! It’s like an infomercial: “You too can become a business appraisal expert. Just spend about five minutes reading a genuine article on the Internet!” Could that article be as trustworthy as a real … [Read More...]
Five Ways To Make Your Austin Business Worth More
If you ask a typical CPA how to make your Austin business worth more, she'll probably talk to you about increasing and decreasing numbers on your financial statements to improve the result on your business valuations. Austin business owners need to know something: That's wrong! Why? Because it’s exactly backwards. As you know, a business is a “living” entity. The guts of your business are about your customers. And about how you and your employees provide value to them. Competent … [Read More...]
5 Financing Keys When Selling an Austin Business
Are you thinking of buying or selling an Austin business now...or maybe later? What you don’t know about financing such a transaction can hurt you…big time. This article will help you understand some key factors that can make or break a desired sale of a business. This can save you a lot of time, money, and energy. 1. Know this: Business acquisitions are usually one of the hardest types of transactions to finance. Why? First, while a business may own some hard assets, a business … [Read More...]
