by Steven Beal | Sep 19, 2022 | Uncategorised
One of the biggest questions I get when talking to business sellers (and buyers) is “What is this business worth?” The answer is never easy, but let's discuss some of the approaches we take when we value a business – and I will discuss some... by Steven Beal | Sep 12, 2022 | Uncategorised
The easiest issues can be the most difficult when you sell a business. If you own a business with inventory, it seems obvious that the value of the inventory is in addition to the value of the business. So if you have a business worth a million dollars, and you have... by Steven Beal | Sep 5, 2022 | Blog, The Beal Blog
The sale of a business can be likened to courtship and marriage – what you disclose and when is an essential element of the process. Give away too much, too early, and the “ardour” may cool off. Hold back too much, and the buyer may not be able to... by Steven Beal | Aug 22, 2022 | Uncategorised
Many people dream of owning their own business, and they just assume they have to start it from scratch. The reality is that starting a business from scratch can be risky. Buying an existing business can be faster, cheaper and safer than starting a business. But... by Steven Beal | Aug 15, 2022 | Uncategorised
In order to maximize the value of your business, it is important that the owner not be indispensable in his/her business. But business owners need to consider that one day, you will be no longer able to run your business. No one likes talking about the four...