Kevin's Articles & Media
Goodwill Hunting
How much goodwill do you have in your business? The term “goodwill” is often thrown around in conversation as though it is a subjective description of how much your customers like your business. In fact, when it comes to valuing your business, there is nothing subjective about the definition of goodwill. It is defined as…
Read More >Increasing Company Value – What’s the Math?
The value of your business comes down to a single equation: what multiple of your profit is an acquirer willing to pay for your company? profit × multiple = value Most owners believe the best way to improve the value of their company is to increase profit and that will certainly improve value. An additional…
Read More >The Real Organization Chart
For business owners, much of the future success they will achieve or the future pain they will feel or the results of the future exit strategy from the company will be predicated by how well they are able to manage the time of all those who work within their organization. Consequently, this graph will be…
Read More >Independent Contractor Or Employee
A long-standing struggle between the IRS and business taxpayers could get a bit dicier next year with the new increased Democratic majority in Congress and the Obama administration possibly set to change the law related to proper worker classification. Last year, President-elect Obama introduced a bill in the Senate (S.2044: Independent Contractor Proper Classification Act…
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