3 Ways to Add Value to Your Business With Accounting Expertise
In today’s world, accounting is now at the center of strategic decisions and value creation, compared to traditionally focusing on historical data and compliance for regulatory and lending purposes. Here are three ways how accounting professionals can help management make better-informed decisions, as well as recognize inefficiencies and opportunities to pivot or improve performance. Leveraging […]
3 Tips to Maintain Integrity through Economic Pressure
There’s an almost infinite number of ways a company can wander off the high road — from workers pilfering office supplies to purchasing managers accepting kickbacks, product developers “borrowing” competitors’ ideas and executives manipulating financial results. Just because a business is struggling doesn’t excuse bad behavior or management’s tacit approval of ethical lapses. Ethical, well-run […]
The perfect exit strategy for business owners
At some point in time, every business owner will retire and either sell their ownership interest or leave the company to others. The key to a seamless transfer is to identify an exit strategy that addresses the needs of not only the departing owner, but also the business. Map the course A well-planned exit strategy […]
The excess earnings method: When is it appropriate?
The excess earnings valuation method was developed more than 90 years ago and, although controversial, it remains in wide use today, particularly in divorce cases. Generally, sophisticated valuation professionals view the method as unreliable and avoid using it. But it continues to be appropriate under certain circumstances. How it works The excess earnings method was […]
Preparing for a sale early could mean more than a high sale price
Business owners who intend to sell their company should operate with the goal of maximizing its value as early as possible in the business life cycle. By doing so, an owner can reap the benefits of the operational and cultural improvements, and have more control over how, when and to whom they sell their business. […]
Middle Market Merger and Acquisition Update and Outlook
Middle market merger and acquisition (M&A) activity continued strongly in 2017, with valuation multiples surging to ever higher levels. As valuations continue their rise, sellers are seemingly in the driver’s seat led by several factors, including: Optimism that the economy is strong and the current administration is business friendly The continuation of low interest rates […]
Ready to sell your business? Take these steps for a successful transition.
As the baby boomer generation ages and the Gen Xers and millennials come of age and go off to do their own thing, many businesses owned by boomers are left without a natural successor. Many of these business owners are finding that their children and grandchildren simply do not want to take over the family […]
Transitioning Your Business
Please note that CPE is not available for webinars on-demand. CPE is available for live events only. Transitioning from your business to retirement, or to another project, is a normal part of the lifecycle of an entrepreneur. That’s why you need to know your options when it comes to cashing in on all your hard […]
Buy-Sell Agreements Video: A “Must Have” for Your Medical Practice
Three tips to prepare your practice for business valuation
The ongoing proliferation of retail healthcare (urgent care centers, in-pharmacy care centers, etc.) and the competition it brings to the marketplace means that healthcare practice owners will want to ensure the best value in a rapidly changing industry. Even if you don’t have immediate plans to sell or transfer your practice, there are some things […]