How Much is Your Construction Company Worth?
How much is your construction company worth? Find out seven reasons you need a business valuation for your construction company, as well as the different valuation factors affecting commercial and residential construction businesses. When you’re juggling all the moving parts of running a construction company, it can be a challenge to take a step back […]
Understanding the Unprecedented Changes to the Standard Operating Procedures of the SBA
With the Release of SOP 50-10 7, the Small Business Administration has made a deep understanding of business valuation critical to an effective wealth management strategy for small business owners and their advisors. BizEquity’s Chief Valuation Officer, Scott Gabehart, breaks down the changes and their implications. First, What Are the Changes? On Wednesday, May 10, 2023 […]
The Four Key Elements of Client Experience for Business Owner Clients
The Four Key Elements of Client Experience for Business Owner Clients While anyone can benefit from sound financial guidance, business owners often face unique challenges that make achieving their financial goals especially difficult. As an advisor who’s interested in bringing more business owner clients to your firm, you must be able to stand out from […]
Why We Love Small Businesses
The American economy runs on small businesses. With 99.9 percent of all US businesses qualifying as small, 90% or more of the total business population being comprised of small businesses, and SMBs creating millions of new jobs annually.. it’s safe to say that your local entrepreneurs are major drivers for global economic growth patterns. Small […]
My Company Values Me? Does It?
Millions have decided not to return to work, transition to a new industry, or pursue their passion. Why should they return to work when, they have found joy and balance? “The Great Resignation”, has impacted the entire world for the Good and the Bad. Many factors may be driving this phenomenon including a desire to […]
Improve Your Company’s Cash Flow
Cash is king when it comes to holding your business’s value high. It’s the second most important aspect of any business, right after profit. However, profit can be manipulated on your balance sheets — but cash can’t. It’s safe to say your cash situation is engraved on stone and you can never manipulate it. But […]
Digital Transformation – Simplified
The past year has given rise to enormous adoption of “cloud-based computing” solutions for business; specifically, cloud-based technologies. Much of the recent adoption has been fueled by heightened cyber-security attacks and the mad dash to “work from anywhere” triggered by businesses to quickly offer a safe and effective work environment for their staff during the […]
Impact of Talent Development on Operational Efficiency
Did you know that talent development and organizational performance are interlinked? According to reports from McKinsey Global Survey, talent management has positive effects on businesses. The term talent refers to the sum of a person’s abilities. It includes your intrinsic gifts, skills, knowledge, experience, intelligence, judgement, attitudes, character, and drives. Talent management in organizations entails […]
PPP The Sequel
Have you heard about the second round of PPP COVID relief? Do you want to know how it is different (and better) than the first? Here is what you need to know. Background At the end of 2020, Congress passed into law the “word salad” known as The Economic Aid to Hard-Hit Small Businesses, Nonprofits […]