Building a More Valuable Practice – Tip #4
David Grau Jr.
Tip 1 | Tip 2 | Tip 3 | Tip 4 AGE MATTERS Age matters – we all hope it doesn’t, but the reality is that the age of your clients and their corresponding assets can have a drastic effect on the value of your business. An aging business is a dying business in the eyes of […]
Are YOU Hurting the Value of Your Business
There are many complicated facets to running a service-based business, but the most vital component are the relationships you build every day. These relationships are the basis of value, and, for most, your business is your largest and most valuable asset. The most frequently discussed factors that impact the value of your business are profitability, […]
Building a More Valuable Practice – Tip #3
Tip 1 | Tip 2 | Tip 3 | Tip 4 Growth is King One of the most important drivers of value in any business is growth. Historical growth, while no guarantor, is a useful proxy/tool for projecting a business or asset’s ability to produce revenue in the future. As a buyer, you will pay more for […]
Building a More Valuable Practice – Tip #2
Tip 1 | Tip 2 | Tip 3 | Tip 4 Not All Revenue is the Same There are many ways to grow your practice – the most obvious being adding more revenue, more assets and/or more clients. However, not all revenue is created equal in the eyes of a buyer, and not all revenue has […]
Building a More Valuable Practice – Tip #1
Erik Pahlow
Tip 1 | Tip 2 | Tip 3 | Tip 4 There are many ways to grow your practice – the most obvious being adding more revenue, more assets and/or more clients. The most valuable businesses in the industry however focus on building value in their enterprise every year, in addition to growing the revenue/asset base. […]