The Valuation Cliff

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In: Highlights, Owner Independence

The Valuation Cliff Why Owner-Dependent Businesses Lose Value Fast Most owners assume their business is worth more every year. Revenue grows. The team expands. The brand gets stronger. So value must be going up. That assumption is often wrong. There is a quiet drop-off point I see again and again.Continue Reading

Cash - Franklins

On:
In: Competitive Edge

If Warren Buffett took a look at your business valuation, would he nod in approval—or chuckle? Here’s a hard truth I see far too often: A seasoned owner, planning their next chapter, tells me their business is worth 4-5x revenue. They’ve already picked out their forever home, booked the travel,Continue Reading