Many business owners believe their company is worth millions because they work eighty hours a week to keep it alive. In reality, long hours do not increase value. Transferable profit does. Many ...
For any business, it’s important to consider how growth is pursued. Building new products, chasing new markets, growing the client base—these are the steps that usually attract the most attention. I ...
Most companies’ values are forgotten or disconnected from daily operations. By rethinking and co-creating values with your team, you can transform them into actionable tools that align behavior, build ...
When I ran into a former client at the grocery store, and asked him how things were going, I expected some polite small talk. Instead, what he said blew my mind. The guy (let’s call him Jim) was an ...
One of the first questions we commonly receive from business owners thinking about selling their business is how the value of their business is calculated. There are several methods to value a ...
If you’re a CEO planning your exit, start identifying these capabilities now and work on strengthening them well before you begin the sale process. Buyers value businesses with deep expertise and ...
Here’s how to create a concise explanation of your company’s objectives that helps develop a roadmap to achieve them. A mission statement serves as a clear and concise articulation of the company’s ...
Warren Buffett has pointed out that book value can significantly misstate the intrinsic value of a business. He prefers using intrinsic value, "the discounted value of the cash that can be taken out ...
How to identify and enhance core capabilities that can significantly increase your business’s sale price. As a coach who has ...