What is your organization's overall vision? Where are you going to be in three to five years?
Both the buyer and seller have the same question in mind: What is this business worth? This is where information becomes king! You can never have too much information when making a decision like buying or selling your small business.
Most people see the worth of a business as the total value of equipment and fixtures, inventory, buildings and land. These are definitely important, but the sum of these values does not equal the value of the business. Continuing with our buyer and seller from last week, Bill probably paid a fir price for equipment, fixtures, and the like, but ...
Many business owners understand that if they divorce their spouses, they may have some liability to pay spousal support. But did you know that you also may have to buy your spouse out of your business?
A recent article in the May 12 issue of U.S. News & World Report addressed the mistakes people make when the market is very volatile and discouraging like we are experiencing these days. Even people with
Dear Job Seeker:
We have posted this letter on the company's Web site and it is also available to individuals who come to our office and ask our receptionist if we are accepting applications.
The advantage to my readers of my column is that you get the benefits from either what I'm currently doing or the research brought about by a reader's query. Today's column is a result of the latter.
When one of my readers asked for information about selling a business, I realized that this wasn't something I was familiar with so it entailed doing some research. What follows is a part of that research that might prove useful to some other entrepreneurs that follow my column.
An index that measures the percentage of households at risk of being financially ill-equipped for retirement was launched in Washington D.C. in June, 2006. It was touted as the most comprehensive measure of its kind by many in the financial world.
In good times and more challenging times, leaders have to stand for something. Here are the four commitments a leader needs to make for themselves and the people they are responsible for:
Now that you have followed all the directions for doing your "due diligence" making sure your Internet banking company is legitimate, let's look at the advantages:
Two new laws dealing with the use of wireless telephones while driving go into effect July 1.
When an IRA owner dies, a designated beneficiary, who is an individual, can establish an inherited IRA and start taking required minimum distributions (RMDs) over the beneficiary's own life expectancy. By spreading out the death benefit, a beneficiary can reduce current income tax liability by not taking a lump-sum distribution and will enjoy continued tax deferral on the asset s remaining in the inherited IRA.
Are you thinking of buying business equipment this year? If so, you'll be happy to know the Economic
I grew up watching John Madden coach the Oakland Raiders. In an era when most NFL teams had thick binders filled with rules and associated penalties for players, Madden went the other way.
It seems that we've all gotten so busy that "clicks to bricks" (what Internet banking is called) has become the way to go. There are many entrepreneurs who are still a bit skeptical about it, so I decided that I'd give you the scoop.
It is always a good time to keep an eye on costs in an organization. Financial reporting is a great way to look back on what happened; it is more important to look forward to see what can be proactively addressed.
Even in a state with hundreds of miles of beautiful, sandy beaches, luxury home buyers in California preferred hilltop homes over ocean-front properties by a margin of four to one.
I've always liked watching team sports. Sometimes you don't even have to be watching a game to know how things are going. You simply have to listen. You can hear the winners.
Not yet using LinkedIn to help you find qualified professionals? You should be.
When we moved into our home, a row of six tall and bushy pine trees provided ample shade and privacy for our back yard.
Forbes reported that millions of employed Americans are switching employers each month.
Spring is here and many of us are busy cleaning out closets and dusting the cobwebs that may have accumulated during the winter. While you are taking on spring cleaning projects, consider taking a fresh look at your finances.
If there is one thing that makes me angry, it is the statement stuffed into my cable television bill telling me that the price I have to pay has gone up.
This past week I watched Brian Tracy's video "Success is a Journey" a total of five times as I facilitated client orientations.