by david@numbercraft.us | Aug 25, 2023 | GUIDES: Exiting & Selling Resources
Like beauty, value is in the eye of the beholder. Your business is worth what the highest bidder thinks it is worth – unless you can convince them otherwise. Consider what most buyers will be looking for. Stability The longer your business has been operating, the...
by david@numbercraft.us | Aug 25, 2023 | GUIDES: DIY Business Plan Preparation
When you are setting out and everything is moving so quickly, it’s easy to deviate from where you intend to be. If you don’t have a business plan, you might compromise growth or miss out on opportunities by sweating the small stuff and not focusing on what matters...
by david@numbercraft.us | Aug 25, 2023 | GUIDES: DIY Business Plan Preparation
A successful business is one that’s built around a solid business plan. It’s the architecture you base your business on, and a tool that’s always in use to make sure you’re on track. A business plan is also something that you’ll be required to share with your bank....
by david@numbercraft.us | Aug 19, 2023 | GUIDES: Financial Resources
Before you go down the path of seeking capital from outside your business, identify any other ways of raising capital. For example, do you have any savings (either in the business or you personally) that you could use? If you have unused assets in the business...
by david@numbercraft.us | Aug 19, 2023 | GUIDES: Resources for Starting Up
It can be easy for your heart to rule your head when you find a business you want to buy. However, if you don’t do thorough research before signing on the dotted line, you may regret it. Before buying a business, you need to establish its worth and whether the returns...