A business’s true worth is often far more than the value of its individual parts. When buying or selling a business, goodwill represents the value of the business that is above and beyond the worth of separately identifiable tangible business assets. Unlike physical assets, like buildings or equipment, goodwill is an intangible asset. What Are […]
Business Management Tips
Money Ball Winning in Business and in Selling your business
Each of us comes to life and business with presuppositions and perceptions about winning. Winning, Goals, and Objectives are how we measure ourselves. All too often we fail to define the objective and we repeat over and over again the errors of the past. Take a moment to watch these two sports videos. Each video […]
Die on Your Sword
Recently I picked up on Gary Vanyerchuck and his videos. He is direct, blunt and says things we all think in a vernacular that may offend some but to coin a Gary V phrase “how gives a shit”. Vee’s genius is layered in common man speak and an in your face approach to life that […]
Kabuki When Selling Your Business – Business Broker
Kabuki…a dance, a show. There are many opinions on how to best sell your business or company. Experts abound. What a business owner needs to do is ferret through all the smoke mirrors and feel good platitudes to get after the truth. This simple fact is at the core of deciding to sell your business […]
Negotiation in a Business Sale and a “Beautiful Mind”
All too often in business sales when negotiating a deal a seller or buyer and or their representatives look to defeat the opponent and “win”. Statistically speaking when reviewing outcomes of deals the reality is that when this approach is taken one simply does not win in the long term. Several years ago, there was […]