Owners are often laser-focused on the day-to-day operation of their businesses, and unintentionally pay less attention to big picture items that can help trigger material increases in the value of the company. If your long-term objective is to enhance the value of your business, it may be helpful to consult a valuation analyst to shed light on what it takes to accomplish that goal.
Many business owners today don’t look at the sale of their business as the end of their working life. Rather they view it as an exciting and active new stage of their lives that includes learning new things, starting new ventures and great personal growth. To accomplish this effectively, they need to maximize the amount of money they’ll have when they leave the business.