Posts Tagged ‘business financials’

6 Common Issues that Diminish Business Value

As seen in Dave Driscoll's column in St. Louis Small Business Monthly

By Dave Driscoll Every company has a natural lifecycle and ownership changes are a common occurrence. While the name on the business may remain the same, the philosophy, goals, and objectives evolve as the ownership changes. Unfortunately, many owners damage their business value by failing to plan for the eventual transition to a new owner.…

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Selling a Business Is Harder Than Starting It

Starting a business seems like the hard part…until you realize that one day you will need to leave your business Think back to the day you started your business. You made the commitment and started building your company block by block, decision after decision. After much time has passed, you are arriving at the point…

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Pre-Engagement Checklist for Owners

This Owner Checklist is the starting point so we can help you Sell your Business We aren’t like a lot of business brokers…Metro’s process revolves around collaborating with owners to learn the unique ins and outs of your business. Before listing your business for sale, providing a valuation, or helping you with succession planning, we’ll need to…

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Learn from Other Owners’ Examples (Positive & Negative) when Preparing for Business Transition – Example 2

Business Transition Planning ensures Options St. Louis area owners are learning the essential themes of planning and timing…sometimes the hard way. Metro has conversations with those ready to sell, planning to sell, and occasionally with owners who must reach the emotional understanding that their life’s work will not sell for an amount greater than the liquidation…

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Learn from Other Owners’ Examples (Positive & Negative) when Preparing for Business Transition – Example 2

Business Transition Planning ensures Options St. Louis area owners are learning the essential themes of planning and timing…sometimes the hard way. Metro has conversations with those ready to sell, planning to sell, and occasionally with owners who must reach the emotional understanding that their life’s work will not sell for an amount greater than the liquidation…

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Accurate Financials: The Key To Selling Your Business

Why You Can’t Sell Your Business Without Complete and Accurate Business Financials I need to vent my frustration with business owners wanting to sell their businesses with incomplete or nonexistent financial information. Long before you plan on selling your business, your finances must be in order. All the sexy graphs, pictures, history, exciting stories and…

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Business Owners: you can’t Sell Value that you can’t Prove!

Financials need to spell out your Business Value for Potential Buyers No business owner enjoys sending 40% of businesses earnings to a shareholder who hasn’t contributed any equity to the business or produced any revenue, but has created more administrative costs for the business; BUT, we are required by law to do so. The only…

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Powerful business ratios educate a buyer (and yourself)

Business Ratios offer Key Insight for Business Owners Ratios are powerful! A ratio expresses relationships much better than the blunt measuring stick of an aggregate number. Baseball’s leadoff batters measure their “on-base percentage” – the number of times they get on base as a percentage of the number of times they try. Potential business buyers…

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Know Your Numbers! Key Financial Information

Increase the Value of Your Business by Collecting and Organizing Key Financial Information I recently met with two new clients: one was interested in a business valuation, the other wanted to sell the business. Both businesses are more than ten years old and employ about 15 people. These businesses have one more thing in common:…

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