How Bad Can Model Risk Be? Have you heard how a missing hyphen resulted in a NASA spacecraft being destroyed by another rocket? Or how a NASA communication craft missed its target and crashed into Mars because units were not converted to metric. Or how Barclay’s picked up an extra 179 contracts from Lehman Brothers […]
Most people are familiar with the concept of risk. In fact, we learn this concept at an early age. With business valuation, it is important to understand the risks you face.
If you are a small business owner, your concept of value will be different than the major corporation. What is important is to know what value means to you! Knowing what it is you are trying to increase, why you want to increase it and what you need to change to increase it is the first step in “How to Increase Your Business Value”.
Are you aware of the impact the aging population will have on the supply and demand for business acquisitions over the next 10 years? It is my belief there will be more business for sale and less people in a position to buy them in the future! And those that are buyers will be looking for the best value.
I have set up a profile at Clarity. From Clarity’s website: Expert conversations. Make faster & better decisions to grow your business. Clarity is your lifeline that instantly connects you with battle-tested advice from entrepreneurs. Find and schedule a call in minutes. Regardless if you live in San Francisco or rural Canada, getting advice from […]
Importance of Business Value Wow, what a great feeling. I have been published! Yes, I am excited about it and it is not just an online blog post. The ONTARIO RISK AND INSURANCE MANAGEMENT SOCIETY (ORIMS) has published an article I wrote in their quarterly publication The PULSE. I was contacted by the PULSE’s Assistant Editor back […]
Starting a blog is hard. Besides the fear that no one will read it, I have so much information I want to share, the question is where to start. To make it easier, I am going to use this first post to layout the scope and purpose of this blog, along with a glimpse into […]