Blog Library

How the Now-Inherent Risk of Cyber Attack Can Decrease the Value of Your Business

Posted by Jane Johnson on Thu, Jul, 28, 2016 @ 11:05 AM

It seems like every other week, we’re hearing about an individual or business being subjected to some kind of cyber-attack. Ransomware, in particular, seems to be a larger threat now.  If hackers find their way into your computer system through an “open door” or vulnerability, your computers will be “locked” so you cannot use any of your applications and/or your files will be encrypted across your entire network (including your backup server), rendering them useless. Basically, all of your computers and/or your network is “kidnapped” and you need to pay a ransom to get it back. You receive a message that tells you how to make the payment – usually by bitcoin – and then everything, theoretically, will be unlocked and returned to normal.

Read More

Topics: business value, risk management, cyberattack, cyber insurance, ransomware, cyber attacck business value

Creating Your Perfect Calendar: How to Prepare Yourself to Sell Your Business and Create a Plan for the Life You Want to Lead

Posted by Jane Johnson on Wed, Feb, 24, 2016 @ 03:33 PM

If you’re like most business owners, you have invested some (or most) of the best years of your life and most of your financial resources in your business. And you have taken precious little time off to focus on yourself.

Read More

Topics: exit planning, business value, business transition planning, selling your business, tax planning, Create Your Perfect Calendar, tax planning for business owners, business valuation

Maximizing Value When Selling Your Business

Posted by Jane Johnson on Wed, Dec, 30, 2015 @ 09:47 AM

If you are the owner of a closely held business and have been considering selling your company, these questions have probably crossed your mind:

Read More

Topics: business value, increase business value, selling your business, increase the value of your business, selling your business in 2016

5 Things You Can Do Now if You’re Considering Selling Your Business in 2016

Posted by Kathy Richardson-Mauro on Wed, Dec, 02, 2015 @ 09:04 PM

The market for U.S. business sales is hotter than it’s been in years, according to business sales site BizBuySell. It’s a boom time for selling a business and will likely remain that way through 2016. If you’re a business owner who is thinking about selling or transferring your business to someone else within the next year, you need to start preparing. You want to make sure that you’re ready to sell when the time is right from a market perspective and from a business and personal standpoint as well.

Read More

Topics: exit planning, exit strategy, business value, business owner, business transition planning, selling your business, end of the year business planning, selling your business in 2016

Learning How to Maximize the Value of Your Business

Posted by Jane Johnson on Mon, Nov, 30, 2015 @ 01:30 PM

Business Transition Academy is pleased to invite you to attend our webinar with the acclaimed author of The Wright Exit Strategy, Bruce Raymond Wright. Bruce will be a guest presenter on our webinar Proven Strategies to Maximize Your Business Value and Beat Your Competition on Dec 10, 2015 at 4PM EST. 

Read More

Topics: Maximizing Business Value, business transfer, business value, increase business value, business transition, increase the value of your business, building business value

Understanding How Privately Held Businesses Are Valued

Posted by Jane Johnson on Fri, Oct, 23, 2015 @ 04:02 PM

In our post, The Disconnect Between Owners’ and Buyers’ Perception of Business Value, we discussed that it’s quite common for owners to believe that their business is worth more than what potential buyers might be willing to pay, which can become a big issue for owners looking to sell their businesses. After all, they have spent most of their time, money, and effort on starting and growing their companies. How could others NOT value what they have built?

Read More

Topics: family business planning, privately held business, business price, business transfer, business value, increase business value, business transition

Taking an Extended Vacation May Help Increase the Value of Your Business

Posted by Kathy Richardson-Mauro on Thu, Oct, 15, 2015 @ 12:54 PM

Vacation – it’s often an elusive concept for the owners of small and family businesses. Even when owners do take time off, chances are they’re still checking in constantly, which has become increasingly easy to do in this age of the smartphone and near ubiquitous internet connectivity. The ironic thing is that this constant owner involvement can actually be detrimental in the long run and decrease the value of the business from the perspective of potential investors.

Read More

Topics: business price, business value, business owner vacation

The Disconnect Between Owners’ and Buyers’ Perception of Business Value

Posted by Kathy Richardson-Mauro on Tue, Oct, 06, 2015 @ 02:48 PM

BizBuySell.com, last month, announced the results of its annual Business Buyer-Seller Confidence Index, an indicator of small business buyer and seller sentiment in the current marketplace. The results of the survey show that business owners believe now is a good time to sell, which is great; however, it also shows that potential buyers are skeptical of current asking prices. It’s quite common for owners to believe that their business is worth more than what potential buyers might be willing to pay - a big issue for owners looking to sell their businesses.

Read More

Topics: business price, business value, business transition, business transition planning, perception of business value

Top 5 Factors That Determine the Value of Your Business

Posted by Jane Johnson on Thu, Apr, 16, 2015 @ 10:05 AM

There are five main factors, three internal and two external that can influence the value of a privately held company:

Read More

Topics: Business Ownership Transition Planning, business owner transition, business planning, business value