Serving Business Owners During a Shift in Our Market In Gary Keller’s book Shift, he makes a simple but powerful point: Markets change. And when they do, the rules change with them. What worked in an up market does not…
Including Accounts Receivable When Buying or Selling a Business Understanding Cash-Free, Debt-Free Valuations and Working Capital When a business broker or M&A advisor performs a business valuation, the initial price is often determined on a cash-free, debt-free basis. This is…
When Owner’s Ask “What Is My Company Worth?” The real question isn’t simply: “What is my company worth?” The better question is: “Who’s asking — and for what purpose?” From the perspective of: A business owner preparing for exit…
Selling a Business with Real Estate: Why Market Rent Matters in a Tampa Business Valuation By Legacy Venture Group | BuyBizUSA.com When the Business and the Building Are Connected Many business owners in Florida operate from a property they also…
Many business owners operate from buildings they either own personally or through a separate company they control. It’s common for the real estate to be held in one LLC and the operating business in another. While this structure can offer…
Nataliya Kalava, CVA, ABV, MAFF of American Valuations, interviewed Brian Stephens, MBA, CMAP, CVA, CBI, CEPA of Legacy Business Sales & Acquisitions about Valuation and answering business owners’ question of What is My Business Worth? Summary: during our engagement conversation,…
The Wild, Wacky, and Totally Wrong Ways to Value Your Business If there’s one thing that unites business owners—besides caffeine and a deep distrust of Mondays—it’s the tendency to wildly miscalculate the value of their business. Some do it with…
Understanding Distributions, SDE, and EBITDA When Buying or Selling a Business If you’re exploring the purchase or sale of a business, you’ll often hear terms like SDE (Seller’s Discretionary Earnings) and EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization). These…
Capitalizing an asset means recording it as a long-term investment on the balance sheet rather than treating it as an expense on the income statement. This applies to leased equipment, machinery, vehicles, or other assets that a company acquires under…
Depreciation: Owner’s Financial Statement vs. Recast (Economic) Financial Statement Depreciation appears on both an owner’s financial statement and a recast (economic) financial statement, but its purpose and impact differ depending on the context. 1. Depreciation on the Owner’s Financial Statement…
Preparing for a Business Exit: Why Financial Presentation Matters As a business owner, planning your business exit is essential—even if it’s years away. While I’m not a financial advisor or accountant, my two decades of experience as a Florida Business…
Don’t Let Mother Nature and Father Time Determine Your Business’s Future If you own a construction, engineering, or environmental company, there’s one truth you can’t escape: no one can run their business forever. Whether you feel invincible today or believe…