I love analogies…they are quaint and often times are a simple way to translate a situation in terms that are clear. There is a cognitive bias written by an American Psychologist, Andrew Maslow. It is known as The law of the instrument, law of the hammer, Maslow’s hammer (or gavel), or golden hammer. Basically it […]
Buy a Business
What is my business worth?
Valuing a business is an art and a science. Your accountants and lawyer work in exact methodology set out by the Appraisal Standards. The real question is what can you sell it for in the market. We will tell you a range based upon the market, comparable like sales, and economic factors on the horizon […]
DATA DOES NOT LIE WHEN SELLING YOUR BUSINESS
Key Data Charts for Business Owners on Small Business Sales
How we deal with Working Capital and Work In Progress (WIP)
One of the most complicated components of a business transaction is how we deal with working capital and work in progress. Depending on the size of the transaction we address it differently. Take a few minutes to watch this video on the topic. Your specific case will be different of course and you should discuss […]
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