by Steven Beal | Nov 2, 2017 | Blog, The Beal Blog
One of the biggest questions business buyers and sellers have is: “What is this business worth?” The answer is never easy, but we can start by discussing some of the approaches business brokers and advisors take when we value a business. We will also discuss some... by Steven Beal | Nov 2, 2017 | Blog, The Beal Blog
Anyone who has ever bought or sold a business, or has even thought about it, knows the term “due diligence.” However, most people severely underestimate the scope of what due diligence entails. To fully understand due diligence, it helps to compare it with a more... by Steven Beal | Nov 1, 2017 | Blog, The Beal Blog
If you’ve ever bought a house, you know that up-front costs are only half the battle. Even when the math looks good on the surface – you have the down payment, and even know what you will pay in land transfer tax – the closing costs often come as a surprise.... by Steven Beal | Nov 1, 2017 | Blog, The Beal Blog
In order to understand a business, you must understand the ratios behind it – i.e., what makes it work. Ratios provide insight into a business’ profitability, liquidity, efficiency and leverage ability. When you are analyzing a business’ balance sheets and income... by Steven Beal | Nov 1, 2017 | Blog, The Beal Blog
Ever wonder “what is my business worth?” or “who will buy my business when I am ready to retire?” It is never too early to start thinking about your business value, and your exit strategy. If you plan ahead and ensure your business runs well without you, and you will...