a-neumann-&-associates

Does A Business Transfer To Children Make Sense?

When the ownership of a business is transferred by its owner, who is often also the founder, several pitfalls need to be avoided to make the transfer successful. Approximately fifty percent of all business owners will sell their business in the next fifteen years, as recent statistics tell us. Only... [read more]

Business Expansion

The opportunity for a business owner to expand their business is both exciting and potentially risky.  When you are considering expansion, it generally means potential growth of the business which is a positive development. However, jumping into expansion without considering several key questions ... [read more]

Succession Planning – Do You Need it?

One of the most common questions I receive as a small business advisor is how to properly prepare your business for succession. Succession planning refers to planning to hand off your business to another party. Common reasons for succession planning can include a business sale, a business partner di... [read more]

EBITDA: the Good, the Bad, and the Ugly!

“EBITDA” is one of those terms that has received increased usage but usually for the wrong reason. This short article will define it and discuss how it can be useful but also misleading. EBITDA is an abbreviation for “earnings before interest, taxes, depreciation and amortization.” It is ca... [read more]

Small-Business Myths Busted

So many aspiring entrepreneurs dream of the numerous rewards that await them when they finally break free of the shackles of the rat race and become their own boss. But many see only the gold at the end of the rainbow–and go into it with misconceptions about what’s it’s really like to own the... [read more]

Company Valuations

INC Magazine recently published their valuation guide, which can be found here http://www.inc.com/valuation ... [read more]