Minimizing tax liability is a strategy all business owners think about. But when it comes time to obtain financing or sell the business, buried personal expenses and assets can create a problem in determining the true cash flow.
Buyers and bankers won’t always give credit to many of these items. As a result, the cash flow can be suspect. And when you apply a multiplier to determine the value of the business, the results can be disappointing.
It is in the best interest of a business owner to show a healthy bottom line in the years preceding the sale of their business to get the highest price possible.
I help business owners exit on their terms, not by chance. As the founder of Transworld Business Advisors of Alaska and Greater Seattle, I guide entrepreneurs through confidential business sales, mergers, and franchise growth.
I’ve built, bought, and sold companies myself, so I know the grind, the risk, and the reward. For over 30 years, I’ve helped owners uncover what their business is truly worth, and what comes next.
Every business has a story. Mine is to make sure yours ends well, with purpose, pride, and the freedom to choose what’s next.