#deltafridayfunny

Most retiring business owners expect that their financial needs will be met when they sell their companies. Unfortunately, that is not always the case. Business owners should have a business valuation performed by an independent professional and then create an "Exit Plan" to close the value gap if one exists. Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com/?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors&utm_content=Tip%20%2328%20Without%20a%20plan%2C%20business%20owners%20could%20end%20up%20with%20a%20%22Value%20Gap%22%21 or contact us @ 480-686-8062 / [email protected] / Schedule a meeting with Lisa: https://calendly.com/lisariley?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors&utm_content=Tip%20%2328%20Without%20a%20plan%2C%20business%20owners%20could%20end%20up%20with%20a%20%22Value%20Gap%22%21 Tip Without a plan, business owners could end up with a "Value Gap"! https://www.deltabusinessadvisors.com/tip-28-without-a-plan-business-owners-could-end-up-with-a-value-gap/?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors&utm_content=Tip%20%2328%20Without%20a%20plan%2C%20business%20owners%20could%20end%20up%20with%20a%20%22Value%20Gap%22%21

Owner Burnout is Bad for Business! Many business owners have operated their companies for too long and have lost their interest or drive. As a result, the business can flounder and stop growing. Not only do revenues and profits suffer, but the value of the company goes downhill. And it only gets worse in a down economy. When a business owner hits burnout, he or she must learn how to deal with it. http://www.inc.com/guides/growth/20792.html?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors&utm_content=Tip%20%2326%20Owner%20Burnout%20is%20Bad%20for%20Business%21 is a great article on Overcoming Burnout – or consider taking steps to sell the company. http://www.inc.com/guides/growth/20792.html?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors&utm_content=Tip%20%2326%20Owner%20Burnout%20is%20Bad%20for%20Business%21 Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com/?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors&utm_content=Tip%20%2326%20Owner%20Burnout%20is%20Bad%20for%20Business%21 or contact us @ 480-686-8062 / [email protected] / Schedule a meeting with Lisa: https://calendly.com/lisariley?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors&utm_content=Tip%20%2326%20Owner%20Burnout%20is%20Bad%20for%20Business%21 Tip Owner Burnout is Bad for Business! https://www.deltabusinessadvisors.com/tip-26-owner-burnout-is-bad-for-business/?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors&utm_content=Tip%20%2326%20Owner%20Burnout%20is%20Bad%20for%20Business%21

Burying excessive personal expenses in the business financials can lower business value! The most popular method of valuing a business uses a multiple of earnings over a period of years. Business owners should be aware of that while attempting to reduce the bottom line with personal expenses to minimize taxes. Though there are a number of deductions that may be added back to determine true cash flow, not all add-backs are considered legitimate by buyers or lenders. Being too aggressive in minimizing taxes today may cost a business owner big dollars at closing. Click here http://www.entrepreneur.com/article/219474?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors&utm_content=Tip%20%2325%20Burying%20excessive%20personal%20expenses%20in%20the%20business%20financials%20can%20lower%20business%20value%21 for an article on legitimate tax deductions. Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com/?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors&utm_content=Tip%20%2325%20Burying%20excessive%20personal%20expenses%20in%20the%20business%20financials%20can%20lower%20business%20value%21 or contact us @ 480-686-8062 / [email protected] / Schedule a meeting with Lisa: https://calendly.com/lisariley?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors&utm_content=Tip%20%2325%20Burying%20excessive%20personal%20expenses%20in%20the%20business%20financials%20can%20lower%20business%20value%21 Tip Burying excessive personal expenses in the business financials can lower business value! https://www.deltabusinessadvisors.com/tip-25-burying-excessive-personal-expenses-in-the-business-financials-can-lower-business-value/?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors&utm_content=Tip%20%2325%20Burying%20excessive%20personal%20expenses%20in%20the%20business%20financials%20can%20lower%20business%20value%21

Some businesses may need a whole new direction! Unfortunately, there are businesses whose market has changed so drastically that their products or services now have limited demand. And it might not be the economy! Those business owners may have to consider a whole new business model and get into the research and creative thinking mode. A good starting point is searching for ideas on the internet and see what direction other companies may be taking. Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com/?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors&utm_content=Friday%20Funny%20Tip%2024-Some%20businesses%20may%20need%20a%20whole%20new%20direction%21 or contact us @ 480-686-8062 / [email protected] / Schedule a meeting with Lisa: https://calendly.com/lisariley?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors&utm_content=Friday%20Funny%20Tip%2024-Some%20businesses%20may%20need%20a%20whole%20new%20direction%21 Friday Funny Tip 24-Some businesses may need a whole new direction! https://www.deltabusinessadvisors.com/friday-funny-tip-24-some-businesses-may-need-a-whole-new-direction/?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors&utm_content=Friday%20Funny%20Tip%2024-Some%20businesses%20may%20need%20a%20whole%20new%20direction%21

Leases can make or break the sale of a business! The lease terms of the business space can be a major consideration for a buyer. For example, a retail business with a long term lease on a good location can be attractive. But a long term lease on a business needing more space to grow could be a detriment. Or there can be concerns for an expiring lease when the landlord might demand a large increase. When it comes time to negotiating a new lease, business owners must carefully think through the timing of their plans for exiting their business. Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com/?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors or contact us @ 480-686-8062 / [email protected] / Schedule a meeting with Lisa: https://calendly.com/lisariley?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors

Business owners may have to finance the sale of their business. Obtaining financing for the sale of a business can oftentimes be challenging. Banks might not like the financials or might not be able to supply the funds even if they approved of the deal. If a well-qualified buyer doesn't have all cash, business owners may have to consider providing some if not all of the financing for the sale of their company. Of course, there can be risks to seller financing, but there are also potential advantages such as higher sale price, a greater pool of buyers, and an easier closing process. Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com/?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors or contact us @ 480-686-8062 / [email protected] / Schedule a meeting with Lisa: https://calendly.com/lisariley?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors

Don't Let Your Customers Forget You Are Out There! When sales are slow, business owners have a tendency to cut back on all marketing expenses. Today, there are various ways of cost-effective advertising to keep in contact with customers and prospects that might be considered. Talking to marketing consultants, reading books, or searching on the internet are ways to find out what is working for others. There are direct mail campaigns such as postcards or coupon books. Internet advertising or email campaigns can hit directly at the target audience. Not communicating with customers and prospects will only hasten the sales slide and reduce the value of the business. Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com/?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors or contact us @ 480-686-8062 / [email protected] / Schedule a meeting with Lisa: https://calendly.com/lisariley?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors

So, where is that Pot of Gold at the end of the rainbow? That Pot of Gold will only be there for businesses that have been structured to sell – easy to read financials, profitable bottom line, key employees in place, growing market, quality products and services - a whole host of issues. Business owners who are too aggressive on minimizing taxes and fail to show profits might be very disappointed in the value of their business when it comes time to sell. Business owners need to understand what buyers are looking for and need to put plans in place to get there. Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com/?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors&utm_content=Delta%20Friday%20Funny%3A%20So%2C%20where%20is%20that%20Pot%20of%20Gold%20at%20the%20end%20of%20the%20rainbow%3F or contact us @ 480-686-8062 / [email protected] / Schedule a meeting with Lisa: https://calendly.com/lisariley?utm_campaign=coschedule&utm_source=tumblr&utm_medium=deltabusinessadvisors&utm_content=Delta%20Friday%20Funny%3A%20So%2C%20where%20is%20that%20Pot%20of%20Gold%20at%20the%20end%20of%20the%20rainbow%3F