Exiting business check our finance archive section

Articles of dissolution, what is it, and why is it important?

Articles of Dissolution, what is it, and why is it important? Exiting a business, especially if...

Three Tips For Getting Your Financials Ready To Share With A Buyer

The tax returns serve as a legal, objective verification of the amounts that you claim your business has earned. A potential buyer will want to see federal income tax forms that document your company’s gross sales as well as its net profit or loss.

What is a multiple and how does it apply to what a business is worth?

Definitions, Finance, Planning

Like any small business owner, you want to know how much your business is worth. Once you receive an estimate, the next question may be, “how was this calculated?” A multiple is a number you would use when calculating the value of a business.

How To Value A Small Business

Finance, Planning

Every business owner wants to know “how much is my business worth?” Let’s be honest, you built your business and it is probably a big part of your financial net worth and maybe selling it is key to your retirement planning.

3 Things You Need To Know About Business Valuation

Finance, Planning

In a study conducted by Massachusetts Mutual Life Insurance Company (MassMutual), 70% of entrepreneurs think about the value of their business on a regular basis. However, they don’t always have precise knowledge of what the actual business value is.

Seller’s Discretionary Earnings

Definitions, Finance

Seller’s Discretionary Earnings is also referred to as Seller’s Discretionary Cash Flow, Adjusted Cash Flow, Owner Benefit, Recast Earnings, or Normalized Earnings.

Understanding Comparable Businesses in Small Business Valuation

Definitions, ExitGuide, Finance, Planning, Selling a Business

Ideally, as an owner, you want to ensure your business is not undervalued when the time comes to exit the business while a buyer doesn’t want to pay an inflated price. To achieve this, comparables are an excellent way to estimate the fair market value of your business.