000 03287nam a22004215i 4500
001 978-1-4302-4786-9
003 DE-He213
005 20200420211746.0
007 cr nn 008mamaa
008 130831s2013 xxu| s |||| 0|eng d
020 _a9781430247869
_9978-1-4302-4786-9
024 7 _a10.1007/978-1-4302-4786-9
_2doi
050 4 _aHF4999.2-6182
050 4 _aHD28-70
072 7 _aKJ
_2bicssc
072 7 _aBUS042000
_2bisacsh
082 0 4 _a650
_223
100 1 _aMcDaniel, Tim.
_eauthor.
245 1 0 _aKnow and Grow the Value of Your Business
_h[electronic resource] :
_bAn Owner's Guide to Retiring Rich /
_cby Tim McDaniel.
264 1 _aBerkeley, CA :
_bApress :
_bImprint: Apress,
_c2013.
300 _aXVI, 252 p.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
520 _aA woman looking to retire said to author and valuation expert Tim McDaniel, "I need to sell my business for $2.5 million to support my country club lifestyle." The reality was that her business was worth $750,000. How could she have been so wrong? As McDaniel-a veteran of over 2,000 valuation engagements and dozens of M&A deals-knows all too well, most owners work in their businesses and not on their businesses. He has seen the look of surprise on client faces far too often: "It's only worth that much?!" In the rush of day-to-day work and decisions, business owners sometimes forget that their business is an investment-and something they need to watch, nurture, and care for just as they would a valuable antique vase or painting. Know and Grow the Value of Your Business: An Owner's Guide to Retiring Rich shows readers how to develop the "investment mindset," value the business, bolster that value and maximize the return on their investment, and, finally, exit the business either through a sale to outside parties or by passing it on to family or other business insiders. This information couldn't be more important: Typically, 60-80% of a business owner's wealth is tied up in the value of the business. This is their most important asset, but they usually guess at its value and have no concrete plan to increase it. That's why this book shows: The importance of treating your ownership interest in a business as something deserving near-daily attention. How a company is valued, and how others outside the business view that value. Steps you can take immediately to increase the value of your business. The different kinds of potential buyers and what attracts them. How to remove yourself from the day-to-day work of the business to plan for a brighter future. How to exit the business on your terms. In short, this book helps business owners get the most for their business when they decide it's time to move on.
650 0 _aBusiness.
650 0 _aManagement science.
650 1 4 _aBusiness and Management.
650 2 4 _aBusiness and Management, general.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9781430247852
856 4 0 _uhttp://dx.doi.org/10.1007/978-1-4302-4786-9
912 _aZDB-2-SBE
942 _cEBK
999 _c50965
_d50965