IN TODAY’S Business Daily…     Balance sheet allows you to see what a company owns as well as what it owes to other parties as of the date indicated at the top of the balance sheet The reason I really like to look at a balance sheet is because you can see some

IN TODAY’S Business Daily…     Does this ever happen to you? —> Have you ever listened to two accountants talk to each other? If you’re not familiar with accounting it’s an awful experience. You might as well listen to people from a different country speaking in a language you don’t understand. You just don’t

IN TODAY’S Business Daily…     One of the biggest mistakes, probably the biggest mistake, people make in any business is they fall in love with the wrong thing. And by that I mean they fall in love with their product, service or company My suggestion to you is that you should believe passionately

IN TODAY’S Business Daily…     One of the biggest competitive advantages that you’ll ever have in business is to always make it easier for the client to say “yes” than it is for them to say “no” When you remove the risk for anyone deciding to do business with you it can bring in

IN TODAY’S Business Daily…   Every difficult business problem has to do with people at least at some level. Being good at hiring may be the single most important skill you will need to develop if you want the rest of your business career to be successful. Most business owners don’t spend enough time

IN TODAY’S Business Daily…     If you show that you’re unique, you’ll get more for your business The more you can differentiate yourself for not being commodity will show a potential buyer that your business is very unique and can’t be copied very quick You don’t want to look like a commodity when

IN TODAY’S Business Daily…     The more % of clients you have that are on recurring revenue in your business, the more valuable your company is going to be   You always want to think on how can you have a product that is more than one time thing and actually repeating itself

IN TODAY’S Business Daily…     The more cash your company actually need to operate the less a potential buyer will be excited to buy your business, because that’s just more money out of his packet If you can extend your payables a little bit more that will have a great impact on your

IN TODAY’S Business Daily…     If you want to really get the most out of your business selling price try to present it to your potential buyer based on the future potential of your business, as much as possible Investors really only buy your business for future promise If you had x10 times more

IN TODAY’S Business Daily…     Your financial performance matters for the business valuation of course Your financial performance when selling is made up of what your top line revenue is and what your bottom line profit is. Together with actually the quality of the reports of those numbers that matters for your price Consider