Business Valuation, Concepts, Retirement
The oversimplified formula is 3X owner’s annual “take.” If you’ve ever had a formal business valuation and then tried to sell your business, you realize the business valuation is really only an estimate and indication of what a buyer might pay if all assumptions line...
Baby Bommers, Exit Planning
A recent government survey shows that 15.6% of all businesses are owned by those 65 and over. Why have so many Baby Boomers decided not to sell their businesses? We had a few guesses, so we decided to poll small business owners to find out. In order to participate...
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