Is Now the Right Time to Sell Your Business?

The short answer: No! “Now” is not the right time to do anything. Use this “now” as an example, if it was “later” you would not be reading this because you would be working on things that really matter to you and your future. “Now” is a time for planning and thinking, “later” is where […]

Nastiest NINE-letter word in Small Business . . .

FRANCHISE!   Highlights of Matt discussing why the world of franchising (both buying and creating) is a dangerous and ugly place.   As a consumer, why do you prefer franchises over independent businesses. Or vice versa? Enter the text or HTML code here

Do you know the market value of your business?

hawaii business broker, hawaii sell business, digeronimo, smith floyd, vr hawaii

Why would you get an estimation of the value of your business? There are four primary reasons for obtaining a business valuation and one secondary reason: Primary: 1.  Transaction:  Buyers, sellers, lenders or others may seek an informal or formal valuation to support decision-making about a sale, recapitalization, minority investment, debt financing or reorganization. 2. […]

Three terms you must know prior to making an offer to acquire an existing business

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Balance Sheets: Five things you must know

This is the second part of our “Accounting for Small Business Owners” series.  In the first module we covered the two types of accounting methods – cash and accrual.  Next we are going to present the basics of financial statements and then focus on the balance sheet. Much like it’s hard to explain to a […]