Checklist for Optimizing Government Contractor Value
Written and edited by Mac Lillard. Research assistance by AI. High-Level Strategies for Financial, Operational, and Sustainability Excellence Government contractors planning for a sale must adopt a strategic approach to positioning themselves as attractive acquisition targets. In today’s competitive marketplace, just one to three years of improved earnings and/or operations prior to an exit or…
Using Business Valuations to Drive Performance
Written and edited by Mac Lillard. Research assistance by AI. In the dynamic world of small and medium-sized enterprises (SMEs), understanding the financial health and market position of your business is crucial. One key metric that often goes overlooked is the valuation of your business. Regularly monitoring your business valuation can provide useful insights that…
The Forensic Accountant: Your Secret Weapon for Thorough Due Diligence
A forensic accountant can enhance the valuation process, providing a credible and accurate assessment of the business’s value.
Six Steps for Preparing to Sell Your Business
If you’re planning to sell your business, it’s a good idea to “dress” your business for success to help attract the most potential suitors. Here are six steps to M&A success.
Labor Shortage: Unlock Solutions by Evaluating Your Employment Value Proposition
In normal market conditions, people who’ve been unemployed due to an economic slump are generally eager to take a job when the economy perks up. But times are far from normal in many places and industries. One of the most pressing concerns employers face today is labor quality and availability, according to findings from The…
GRF CPAs & Advisors Makes List of Best Firms for Young Accountants
Following GRF CPAs & Advisor’s (GRF) recognition earlier this year as one of Accounting Today’s 2020 Best Accounting Firms to Work for in the Midsized Firms category, the firm has been honored once again. In their new report, Accounting Today singles out the members of the Best Accounting Firms to Work For that are most…
Why Is the Valuation Date so Important?
When one considers how the value of an asset will be determined, it’s common to think about which method the appraiser will use or whether discounts may apply. A critical factor that might not immediately come to mind is the appraisal date. This article explains why the “as-of” date matters and how the purpose of…
More to Business Valuation Than Meets the Eye
Valuing a business requires more than merely dropping numbers into a “black box” and waiting for the answer to be spit out. Using their professional judgment and specialized training, appraisers consider a broad range of internal and external factors before arriving at reliable conclusions of value. Most business owners and attorneys know the basics of the…
Working Capital: A Potential Valuation Sleeper
Working capital is sometimes overlooked in determining the value of a business. But it can have a material effect on value, so it’s important to remember. A business’s working capital equals the difference between its current assets and current liabilities. When the value of a business is determined under either the income or the market…
Exit Planning – The Key to a Successful Business Owner Transition
If you own a business, you should be thinking now about its role in the next phase of your life. Astute business owners carefully plan their exit to maximize the value of their business while minimizing their risk. Despite the market tilting heavily in favor of the buyer, exit planning helps business owners stay in…