Business Owner

Browsing posts in Business Owner

1 comment   |   General

8 Need-to-Know Tips for Selling Your Business in 2018

In today’s sellers’ market, good businesses for sale receive a lot of attention from buyers and typically do not stay on the market for long.  Buyers know they must be competitive with their offers in order to stand out from the growing crowd interested in making acquisitions. From Business.com 8 Need-to-Know Tips for Selling Your […]

Comments   |   General

‘I Sold My Business at 10X Multiple.’ A Multiple of What (and When)?

In case you missed Managing Partner Layne Kasper‘s presentation at Tech FW’s TECH Nest, this article touches on some of the topics covered. From Divestopedia *********************************** ‘I Sold My Business at 10X Multiple.’ A Multiple of What (and When)? Derek van der Plaat Takeaway: Here are some answers to the key question about what multiple […]

Comments   |   General

What the NFL and Olympics have in common… and can teach you about business

“Delivering on the biggest stage, when it matters most — that we can do.” From ENO8.com: *********************************** What the NFL and Olympics have in common… and can teach you about business by Jeff Francis The lottery of sporting months is rapidly approaching. Something that only happens once every four years. It’s like a super moon […]

Comments   |   General

How to Increase Your Business’ Value Using Value Drivers

From our friend Michael Benedict at The Milestone Group: How to Increase Your Business’ Value Using Value Drivers A fundamental aspect of a successful business exit is assuring that your business has enough value to allow you to exit with financial security. This, coupled with wisely invested non-business assets, gives you the best chance to […]

Comments   |   General

Success Maxims (Part 19)

Kasper & Associates maintains faith in the American spirit and we believe in the power of positive thinking.  To that end, we’ve presented Success Maxims — a collection of our favorite motivational quotes, essays and leadership advice.  (For a complete collection, e-mail your mailing address to contact@kasperassociates.com.) SUCCESS MAXIMS –Part 19– Business Exit: Tips to […]

Comments   |   General

Why Your Business Shouldn’t Need You

It’s easy to say but difficult to do.  But it is so often true: the less your business is dependent on you, the more valuable it becomes. From Axial Forum: ****************************** Why Your Business Shouldn’t Need You By Meghan Daniels, Axial Many founders and business owners spend decades building their companies from the ground up. […]

Comments   |   General

How Do You Know When a Buyer Is Wasting Your Time?

It can happen.  K&A develops relationships with interested buyers in order to understand what they’re seeking and to better screen those that aren’t serious. From Axial Forum: ************************* How Do You Know When a Buyer Is Wasting Your Time? By Mark O’Neill Selling a business can be a long, complicated process. So it can be […]

Comments   |   General

Should My Accountant Do My Business Valuation?

While this article is a little harsh in its criticism of CPA valuations, it has a valid point in that they are typically not based on current market data.  There’s something to be said about a valuation opinion from a professional who knows how buyers evaluate companies and what they are paying. If you need […]

Comments   |   General

Walking Away From A Business: Can We Still Be Friends?

From Forbes.com: Walking Away From A Business: Can We Still Be Friends? By Kevin Meehan For entrepreneurs, walking away after selling a business can be a lot like going through a breakup: some move on to the next stage in their lives quickly, while others struggle to find a new role. The situation becomes more […]

Comments   |   General

The Ticking Time Bomb Lurking Inside The Sale Of Most Businesses

Deal structures like the ones mentioned in this article are high-risk propositions for business sellers and most common when business owners try to sell their businesses themselves.  While most K&A transactions have some seller-financing (what the author calls “vendor take back”) for good reasons, that should be a much lower percentage of the selling price […]