Tom's Thoughts this week...(20201211)
This week on our blog...
Determining the value of your business hinges on business valuation. Every business owner needs to have a current handle on their business value because values rise and fall depending on the market and economy. Monitoring your business value helps you prioritize or adjust your short-term or long-term business strategies. Bharat Kanodia is the founder of Veristrat, a business valuation expert and guest blogger for us this week. Bharat gives us 5 Steps to Establish Business your business worth in this week's blog. READ MORE
This week on our podcast...
Business owners have unrealistic expectations of what they think their business is worth (most of the time). On our podcast this week, I chat with Bharat Kanodia, Prinicipal at Veristat - a valuation and advisory firm in San Francisco. He tells us the two things that every buyer wants when they are looking to buy a business. Tune in to see if you have them and get really good information on the entire valuation process. Hope you catch it here or watch us on youtube. No time to read, here is the transcript.
This week on my screen and on my mind...
5 Simple Steps to Valuing Your Small Business LINK
I visit this site from time to time because I can always find good content there. This week, I stumbled onto this article about business valuation and thought that, given the topics of our podcast and blog post this week, you might also enjoy this perspective on valuing a small business...
Gifthack To Finish Up your Giving this Season... LINK
I was recently introduced to Authentically American, a business based in Nashville. They are a clothing manufacturer that produces 100% of their merchandise in the US. If you're still looking for the perfect gift, I think you might find it here - and their Black Friday sale continues through this weekend!
If you've been thinking about engaging with Mastery, be on the lookout for a very special announcement later this month! Details will be released on December 28! Stay tuned! (Spoiler Alert - we're starting a new MasterYclass - see what we did there...)
Get this on your calendar for January LINK
We skipped December for our monthly webinar series but will be back at it on January 14th. We are continuing our series on "Things You Can Do Right NOW To Improve the Value of your Business" focusing on sales. We have one of the greatest "sales guys" joining us, Tom Niesen, CEO of Acuity Systems. He has been helping businesses improve their business value through sales for over 20 years and he will be talking with us on how you can do the same. Join us for one hour on JAN 14th at 10:30 AM and get a mini-masterclass on improving your business value through sales. See you there!
CHECK OUT THE MASTERY PARTNERS WEBSITE HERE FOR MORE RESOURCES
Whenever you’re ready, here are three ways I can help you maximize business value:
Order my book Maximize Business Value, Begin with the Exit in Mind. It provides the roadmap business owners need to start moving toward a successful transition.
Stay connected! Subscribe to my blog and podcast, follow me on LinkedIn and Facebook. Stay current on what’s happening with today’s trends. Not sure how to do that? Click here for a guide.
Reach out! I love helping solve business challenges! Let’s chat! SCHEDULE A CALL WITH ME if you want to better understand how we can help you maximize your business value or really anything else.
Hope you are safe and maximizing business value!