Blog Library

Business Transition Academy Launches Free, Online Business Valuation Tool

Posted by Jane Johnson on Fri, Feb, 15, 2019 @ 12:13 PM

What's Your Business Worth? Find Out Now With Our Free Business Valuation Tool

Business Transition Academy (BTA) is pleased to announce the launch of a free resource for business owners who are looking to exit or transition out of their businesses – our Free Business Valuation tool. It provides owners with a baseline valuation of their business, which as part of an overall Business Ownership Transition Plan, provides clarity and insight into retirement and estate planning discussions, succession planning, and exit strategies. Read More

Topics: building business value, business valuation, business exit, exit planning, increasing business value before selling, maintaining business value, exit plan, how much is my business worth, business value, increase business value

What’s YOUR Business Worth?

Posted by Jane Johnson on Thu, Feb, 07, 2019 @ 10:53 AM

If asked, most business owners would probably say that it’s their goal to sell or transfer their business in order to fund their retirement. And the first question they have is: “How much is my business worth?” They may have a vague idea of what they think it should be worth, but don’t usually have any tangible numbers. More often than not, it’s unrealistically high in comparison to what a buyer would actually pay.

Read More

Topics: how much is my business worth, business value, Maximizing Business Value, exit planning, business exit

Join the New England Chapters of XPX and AM&AA for a Joint Winter Social at Jack's Abby Brewery

Posted by Jane Johnson on Tue, Jan, 29, 2019 @ 11:12 AM

Join us for the XPX and AM&AA New England Joint Winter Social at Jack's Abby Brewery

Read More

Topics: exit planning, exit planning exchange, business owner networking, AM&AA, exiting planning professional, business transition planning, Exit Planning Education, Business owner education

Lessons Learned from Shark Tank

Posted by Jane Johnson on Fri, Dec, 07, 2018 @ 02:13 PM

The dream of owning a business is as American as apple pie. According to research from Vistaprint, three in five or 62% of Americans were dreaming of starting a business at the beginning of 2018. The popularity of the reality show Shark Tank, which recently started its 10th season, has helped to encourage entrepreneurship and make it look easy. It’s certainly entertaining but can be misleading. In reality, starting and growing a profitable business – and then maintaining that value – is extremely difficult. 

Read More

Topics: business owner goals, Shark Tank, Growing a profitable business, maintaining business value, Business ownership transition plan

New Revenue Recognition Standards Impact Multiple Industries and Departments

Posted by Jane Johnson on Mon, Oct, 29, 2018 @ 08:38 PM

The Details:

Read More

Business Transition Planning Step Three: Building a Better Box

Posted by Jane Johnson on Wed, Oct, 03, 2018 @ 05:15 PM

Once you have prepared yourself for your transition (Click Here) and calculated your “wealth gap” or how much money you will need from the transition (Click Here), it’s time to think about just how much your business is worth. When we talk about “building a better box” in our book, Cashing Out of Your Business, we’re referring to maximizing the value of your business, which is always one of the fundamental components of achieving a successful business transition.

Read More

Topics: increasing business value, selling your business 2018, business sales, increasing business value before selling, Business ownership transition plan

Transitioning Business Owners Need a Realistic Financial Plan

Posted by Jane Johnson on Mon, Oct, 01, 2018 @ 09:01 PM

As a business owner, no matter what you want your legacy to be after your business transition, you want to ensure that you have enough retirement income. In a recent article, we discuss why it is so important for you to:

Read More

Topics: business owner goals, financial goals, business owner financial plan, business owner personal goals, business owner planning retirement

Ensuring that Your Business Is Prepared For The Worst

Posted by Jane Johnson on Wed, Sep, 26, 2018 @ 11:02 AM

Nearly two weeks after the storm made landfall, residents in the Southeastern part of the U.S., mainly the Carolinas, are still facing the effects of Hurricane Florence, with record flooding predicted. In the Merrimack Valley in Northern Massachusetts, residents and business owners are still trying to get back to business as usual following more than 80 freak natural gas-related explosions and fires. In California, residents are still contending with deadly and destructive wildfires across the state.   

Read More

Topics: disaster planning, preparing your business for disaster, preparing for a disaster

Count Your Beans Before Selling Your Business

Posted by Jane Johnson on Mon, Aug, 27, 2018 @ 02:56 PM

In its simplest form, Counting Beans is about taking stock of how many assets you have saved outside your business, determining how much income you will need post-transition, and then calculating how much money you will need from the ownership transition, which is your Wealth Gap.

Read More

Topics: business owner goals, Wealth gap, selling your business 2018, prepare for business transition, business owner personal goals

BTA Business Transition Market Pulse: Retiring Baby Boomers and Rising Revenues Fuel Record Small Business Sales

Posted by Jane Johnson on Tue, Jul, 31, 2018 @ 09:56 AM

The Details:

Read More

Topics: baby boomer retirement, baby boomer business owners, baby boomer businesses, bizbuysell, business transition plan