Tip #174: Let’s Be Clear, It’s All About Profitability!

Confused accounting customer asks why his accountants never show profits in his final statements When it comes to purchasing a business, the prospective buyer looks at so many factors that play a role – such as employees, location, competition, assets, prospects for growth and more. But the bottom line is the bottom line – how much money does it make?  To get top dollar, business owners need to plan for exiting their business by making sure the business shows maximum profits in the years before selling. Read this Inc. Magazine article: What’s Your Company Really Worth?  Maybe it’s time to contact a business broker/intermediary to get a business valuation.