Employee Theft- Is it Happening to You?

Employee theft is more serious than you think—and is rampant in small to mid-sized businesses. It never ceases to astound people that a trusted employee could steal from you. Sadly, most fraudulent activities take about 16 months before they are even detected. After the Enron debacle, Congress passed “Sarbanes Oxley” to tighten the responsibility of… Read more »

Is Your Exit Strategy Setting You Up for a Good Retirement?

couple sitting on beach watching sunset during retirement after selling their business

The statistics show that a large majority of Americans are not financially prepared for a good retirement. Fortunately, if you’re a business owner, the sale of your business can help you escape the statistics – but only if you properly prepare. Many business owners wait until retirement is close before they start thinking about their… Read more »

3 Key Financial Metrics to Assess Business Value

inancial plan for a business valuation - Photo by rawpixel on Unsplash

Whether you’re buying or selling a business, knowing how to analyze the financials is critical to accurately assessing a business’s value prior to a sale. In a recent article I read on entrepreneur.com, the author explains three key financial metrics that are important to review to make a good assessment about the value of a business.… Read more »