Know and Grow the Value of Your Business: An Owner's Guide to Retiring Rich

作者 Tim McDaniel著
出版社 Apress
出版时间 2013年3月
ISBN 9781430247852
定价 289.30

内容简介

AwomanlookingtoretiresaidtoauthorandvaluationexpertTimMcDaniel,?Ineedtosellmybusinessfor$2.5milliontosupportmycountryclublifestyle.?Therealitywasthatherbusinesswasworth$750,000.Howcouldshehavebeensowrong?AsMcDaniel?aveteranofover2,000valuationengagementsanddozensofM&Adeals?knowsalltoowell,mostownersworkintheirbusinessesandnotontheirbusinesses.Hehasseenthelookofsurpriseonclientfacesfartoooften:?It?sonlyworththatmuch?!?Intherushofday-to-dayworkanddecisions,businessownerssometimesforgetthattheirbusinessisaninvestment?andsomethingtheyneedtowatch,nurture,andcareforjustastheywouldavaluableantiquevaseorpainting.KnowandGrowtheValueofYourBusiness:AnOwner'sGuidetoRetiringRichshowsreadershowtodevelopthe?investmentmindset,?valuethebusiness,bolsterthatvalueandmaximizethereturnontheirinvestment,and,finally,exitthebusinesseitherthroughasaletooutsidepartiesorbypassingitontofamilyorotherbusinessinsiders.Thisinformationcouldn'tbemoreimportant:Typically,60?80%ofabusinessowner'swealthistiedupinthevalueofthebusiness.Thisistheirmostimportantasset,buttheyusuallyguessatitsvalueandhavenoconcreteplantoincreaseit.That'swhythisbookshows:Theimportanceoftreatingyourownershipinterestinabusinessassomethingdeservingnear-dailyattention.Howacompanyisvalued,andhowothersoutsidethebusinessviewthatvalue.Stepsyoucantakeimmediatelytoincreasethevalueofyourbusiness.Thedifferentkindsofpotentialbuyersandwhatattractsthem.Howtoremoveyourselffromtheday-to-dayworkofthebusinesstoplanforabrighterfuture.Howtoexitthebusinessonyourterms.Inshort,thisbookhelpsbusinessownersgetthemostfortheirbusinesswhentheydecideit'stimetomoveon.Whatyou'lllearnTheimportanceoftreatingyourownershipinterestinabusinessthesamewayyouwouldtreatthesharesinyourstockportfolio:?LikeanInvestment.?Howacompanyisvalued,usingtermsthatbusinessownerscanunderstand.Thewaysyoucanincreasethevalueofyourbusinessandhowanoutsidebuyerwillviewyourcompany.Existingexitstrategies,andtheadvantagesanddisadvantagesofeach.Whytimingmightbethemostcriticalcomponentofyourexitstrategy.Howtobeginthesuccessionplanningprocessandknowingthecriticalcomponentsofagoodsuccessionplan.WhothisbookisforThosewithbusinesseswithrevenuesuptoabout$30million?90percentofallbusinessownersintheU.S.,accordingtotheUnitedStatesCensusBureau.Thisamountstoover12millionbusinessesintheUnitedStatesalone.TheprinciplesthebookespouseswillbejustasvalidincountriesbesidestheU.S.exceptforthetaxadviceauthorTimMcDanieloffers.

作者简介

TimMcDanielisdirectorofbusinessvaluationsatRea&AssociatesinColumbus,Ohio.McDanielspecializesinbusinessvaluationandsuccessionplanning.Heisarecognizedleaderinthebusinessvaluationfield,havingbeeninvolvedinover1,800valuationengagementsandnumerousmerger-and-acquisitiontransactions.Healsoconsultswithfamilybusinessesonintegratingfamilyandbusinessissuessurroundingsuccessionplanning.McDanielprideshimselfonusingplainEnglishtoteachbusinessownersthevalueoftheirmostprizedassetandhowtoincreasethatvalue.AcertifiedpublicaccountantandtheauthorofnearlytwentyarticlesinpublicationslikeCPAVoice,AmericanVentureMagazine,andPracticalTaxStrategies,hehasobtainedthetopthreeprofessionalvaluationcredentials(ASA,CBA,ABV).

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