Do you need a superstar sales rep to build your business for a ? Actually, you should avoid the trap of relying on one superstar sales rep if you want to maximize the value of your business. To maximize value, a seller must be confident that the company will continue to generate sales after you are gone. Many business owners think that hiring one superstar salesperson to replace themselves as a rainmaker is the answer. Doing so, however, may simply trade a dependence on you to dependenc...
Income tax considerations are vital to conducting a . Step 8 to reviewing a business valuation report involves ensuring the value conclusion incorporates the relevant income tax considerations. The value of an operating business is dependent on its ability to generate discretionary after-tax cash flows. In cases where business value is driven by the underlying asset values, such as real estate holding companies, important income tax considerations must also be taken into consider...
The beginning of a new year is a time of rebirth and resolutions. It is a time to reflect on last year’s achievements and to set goals for the coming year. Some people set personal goals like losing weight or quitting a nasty habit, and most business owners set business goals that focus on hitting certain revenue or profit targets. If your goal is to own a more in 2014, you should select one or more of the following New Year’s resolutions: 1.Take a two-week vacation without ch...
As a seasoned business owner, it is common to enjoy an intuitive understanding of the importance of knowing about . Essentially this constitutes knowing what and how much it is worth based on current market conditions and its industry position, set against the amount of work you have put into fostering its growth over the years and the available resources for continuing your work.
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As a business owner, you may be focused on growing your business and boosting its profitability. Doing so can also drive the value of your business, increasing the net proceeds that will be available to you when you eventually exit your business. A in Ontario can help you identify key factors to leverage to increase the value of your business, opening the door to a favorable future. Read More
As a business owner in Toronto, or anywhere Ontario, it should be your goal to constantly drive your business towards growth, which then increases its value. By increasing the likelihood for growth and the anticipated growth rate, the value of your business increases, and over time, attracts a greater number of potential purchasers, should you decide to put your business on the market. Starting with an expert and independen...
Doing business in fast-rising and highly-populated Ontario means it’s a priority to ensure that your company stands out starting from its early stages of growth, to maturity, and all the way to when you will assess its viability to survive in the near future, which may result in you exiting the business. In these cases, a is useful in arriving at a benchmark for measuring growth as a...
It’s no secret that the key to surviving in business is rising above the fray of competition each of your industry peers have long been engaged in. Doing so raises your company’s value, resulting in a premium business valuation that helps your business stand out and than any other member of its industry peer group, such as similar businesses in the GTA. With the help of a busines...
What’s your New Year’s resolution - does it include mapping out the future of your business? As a business owner in Toronto, one of the most renowned and globally competitive markets, maintaining profitability and ensuring a stable financial future requires considering its outlook as 2017 ends and a new year filled with opportunities begins. It pays to be steps ahead of impending shifts in the market, which starts with...
The Critical Element to Every Succession Plan: Preliminary Valuation | Business Valuation in Ontario
A preliminary company valuation report, prepared by an appropriate professional (Chartered Business Valuator), gives business owners a fairly good idea of how much a company is currently worth. It is strongly advised to have a credentialed (certified) valuation specialist on the Exit Planning Advisory Team. In , advisors use the preliminary company valuation and the five-year cash flow forecast to determin...