When selling and valuing a business many times owners prefer to use internal financials versus their tax returns. But remember, tax returns matter most in a business valuation. The reasons for this are many, but just a few are: Tax returns are many times on the cash basis for smaller businesses since cash basis earnings […]
Estate Planning
Why Now is the Time to get a Business Valuation in Florida
Business Exit Strategy Steps
What are the steps to Exit Business ownership and the strategy involved? A Business Appraisal is a critical part of the the strategy execution but it is only one of many actions. From our sister company Bankers Advocate, here is a list of the steps for a successful exit from Business Ownership: How We Sell […]
Business Exit Strategy and Company Valuations
Business owners often ask themselves and their trusted advisors if they need to spend money on a preliminary business valuation as part of their business exit strategy and if it is a worthy expense. The answer is definitely yes. It is very important to know the value of a business. During Exit Planning, the future […]
Buying a Business for or Selling Your Company to Your Children? Think Twice…
Florida Business Valuations Expected to Rise in 2013
Florida Business Valuations Expected to Rise in 2013, Reflecting Better Florida and National Economic Trends By Chris Curtin & Lew Koflowitz Business valuations in Florida are expected to rise this year compared with 2012, as a result of positive forces at work in the state’s economy. Economists who carefully study the Florida economy as a whole, […]
Business Appraisal? Two View Points
Recently I read an article in “Inc.” magazine espousing why a business valuation is less than important (http://www.inc.com/david-lonsdale/why-a-valuation-is-less-important-than-you-think.html). Then a week later in “Forbes Magazine” is an article stating that to build value you should value your business (http://www.forbes.com/sites/steveparrish/2012/08/14/if-you-value-your-business-you-should-value-your-business/). What gives? Well let’s look at both authors’ points: In the first article above, the writer, […]
Appraise My Business (Part 2)
Understand Your Purpose Before You Make The Call Imagine investing valuable time, money and effort in a business appraisal only to find that your report contradicts your intended Purpose. You can alleviate this risk by understanding the role your purpose plays in business valuations. If you know this information before you make the call, you […]