Tip #54 – Does Your Business Look Good On Paper?

54_good_on_paperWith few exceptions, buyers are looking for businesses that make money.

Sure, there are other factors that can make a difference such as equipment, client list, location, key employees, etc., but it is still all about the cash flow of the company.

 Business owners have to constantly look at the company financials and make the tough decisions to increase margins, cut expenses, or even head in a different direction.  Showing good, solid cash flow will ultimately determine the value of the company.

Michael MarksMichael Marks, creator of Toons ‘n Tips, is a Certified Business Intermediary (CBI) and has over thirty-six years of business experience and ownership. He is a licensed real estate broker in the state of Colorado and has been selling businesses for over eighteen years. Michael has taken up cartooning as a hobby in recent years and has found that by using those skills, along with his extensive business experience, he has been able to create the Toons ‘n Tips drip marketing service for clients all over the country. Find out more about Michael at www.toonsntips.com.
2013-05-14T09:46:41+00:00 May 14th, 2013|Maximizing Business Value|