The two main financial statements you need for business valuation are the balance sheet and the income statement. Business valuation is ultimately an economic analysis exercise. The company financial information provides key inputs into the process. In order to do a proper job of valuing a small business, you should have three to five years…
After the widespread outsourcing of the 1990s, a new entrepreneurial class emerged in the American marketplace. There are currently more than 25 million small businesses, most of which are run by a single owner/operator. A small business is defined as having fewer than 500 employees, but competing with big box retailers online can be difficult….
Running a business is one of the most difficult things in life to get right — there is a large number of factors and variables and innumerable subtle nuances that need to be understood, appreciated and acted upon on a daily basis. In the middle of that chaos, there might come times when you are…