Earlier this year, BizBuySell.com released a report on the dramatic change in diversity of new business owners. The statistics are staggering.
Nearly two out of five small business owners say their time is their company’s most valuable asset, and one in four would pay more than $500 for an additional hour of work per day, according to a j2 Global survey. Approximately 44 percent of respondents related their time management problems to wearing too many hats at their companies, often performing five or more distinct tasks within the organization.
Helping a business owner sell their business, I find, is tremendously rewarding but equally incredibly challenging. The incredibly challenging part, so I found out today, has a technical definition and it’s called the ‘heterogeny of ends’.
A question I get asked regularly by buyers is how long does it take to research and then own and operate your business. The answer varies depending on the type of business the buyer wants to buy and many variables but it generally takes from 3 to 6 months if you buy an existing business […]
Buying a business is probably one of the most difficult decisions someone has to make. Buying a car and buying a house certainly rank up high with them because we need to have a car and we need to have a house but we don’t need to buy a business as we can go a […]
Fred Hall, CEO of Amador Appraisals and Acquisitions, joined me on Money 2.0 to discuss the complexities of business appraisals. Fred specializes in business valuations for SBA loans, IRS valuations, divorce, and minority share owner appraisals.
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