Closed Deal Case Study: Unrealistic Expectations of Business Value Challenge: Business owner neglect led to a significant revenue decline without understanding the impact on the business value A business owner that sold home décor contacted The Vant Group (TVG) to sell their business. The business was over 10 years old and the owner was becoming […]
As a Business Owner – Salary, Draw or Both! When looking at a balance sheet, there are a few ways an owner can receive compensation at the end of the day. How to go about this should involve an accountant and an attorney who is on the payroll or ones that are entrusted to give […]
By David M. Wang, Esq. Collective Insights on business ownership has David Wang posing the question to business owners, “Should I Give Employees Equity in the Business?” with added food for thought from our in-house attorney consultant. Many business owners need to find ways to recruit and retain employees. The cost of training employees […]
Losing Sight of the Big Picture is Easy to Do Challenge: To Recognize the True Value of an Acquisition, Not Just Focusing on Today TVG represented a project-based business that had a few million dollars in current backlog. This backlog represented over 100% of the current yearly revenue. When we went to market, our valuation was based […]
Knowing and Understanding ODCF – Owner’s Discretionary Cash Flow It cannot be stressed enough the importance of verifiable cash flow on a small business. Replacing an income from corporate America is the main drive for a high percentage of first-time buyers. They are typically looking for a small business to “cut their teeth on” for […]