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Cash In: EBITDA?

admin June 15, 2014 Comments Off on Cash In: EBITDA?

by Tom Crouser Spend any time researching business transactions and you will quickly run across the phrase, “EBITDA.” Well, what is it? EBITDA is “Earnings before Interest, Taxes, Depreciation and Amortization.” What’s so special about that? Theory is if you look at a business’ earnings and EXCLUDE these items, you may more accurate compare one […]

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Cash In: What’s the Business Worth?

admin June 7, 2014 Comments Off on Cash In: What’s the Business Worth?

When is it time to hang it up? Assuming we are mentally prepared and know what we need to retire, the question of what is the business worth comes into play as that is a major part of the assets of most business owners for many of us have little retirement assets outside of the business. […]

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Cash In: How Much Will You Need to Retire?

admin June 7, 2014 Comments Off on Cash In: How Much Will You Need to Retire?

By Tom Crouser When is it time to hang it up? Assuming we are mentally prepared and know what we will do after we sell or transition, we can tackle the next question: how much do we need? Unfortunately, passive income from interest and dividends today is less than it was so I strongly urge […]

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Cash In: What’s Your Next Career?

admin June 2, 2014 Comments Off on Cash In: What’s Your Next Career?

By Tom Crouser When is it time to hang it up and get on with your next career? To cash in so to speak? If you’re like many, you’ve spent decades working in your business and made a good living overall. Now comes the complicated part: cashing in before we croak. But selling or transitioning […]

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Cash In: Modernizations Effect on Value

admin May 30, 2014 Comments Off on Cash In: Modernizations Effect on Value

A neighbor taught me a lesson about business modernization’s effect on value when their house went up for sale. They had to put in granite counter tops to make it more saleable. “Heck,” the wife said, “If we would have known we needed to install granite counter tops, we could have done it years ago […]

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Video: Cash In Before You Cash Out

Video: Cash In Before You Cash Out

admin May 29, 2014 Comments Off on Video: Cash In Before You Cash Out

See our video “Cash In Before You Cash Out” if you are within ten years of selling or transitioning. To download the handout for this video, please click here (PDF). This video requires a HTML5 browser. If you have problems viewing the video, please use the following link to watch the video: http://cprintalliance.com/videos/cash-out To view this video […]

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Compensating Workers in the Business Sale

admin May 26, 2014 Comments Off on Compensating Workers in the Business Sale

In a business sale we often restrict our thinking and end up hurting our family. Cliff was thinking this way when he messaged, “Tom, I am 63 this summer and have owned the business almost 25 years. Had a record year last year and I am getting ready to start a transition. None of my kids […]

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Cash In: Retirement Scare for Us

admin May 15, 2014 0

Was onsite in San Francisco all last week and one of our printers is ready to sell. Reminded me of the two things we need to know before do so. First, we need to know if we have enough cash to support what we are going to do next whether it’s retirement or something else. […]

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Cash In: Part Equipment Plays in Business Value

admin May 15, 2014 0

What Part does Equipment Play in Values? I’ve mentioned business values based on earnings and ones based on parts as being the two basic approaches to valuing a business. Under the earnings approach, I have written about capitalization of earnings which is one of a number of earnings approaches. An astute reader wrote wanting to […]

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Cash In: We Don’t Make Business Valuation Rule

admin May 15, 2014 0

Business valuation: get printers together and ask them how they value a business and you will find many methods. Problem is, as Zig Ziglar says, it’s “stinking thinking.” That’s because we don’t get to make the rules about how our businesses are valued. No, bankers make the rules or, more broadly, the financial community based on principles of finance. Why […]

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