Is Your Business Nothing Without You?
Are you leaving money on the table? Over the combined 50+ years the team at JBVal has performed valuations, we hear from proud business owners,...
Why 99% of businesses don’t reach profit potential
Every company wants to increase profitability. The first place they should look is actually not to new leads, but inward at their own operations....
How a small minority of family businesses thrive through transition
70% of family businesses fail before reaching the second generation, 90% before the third (source: Family Business Institute) Do you want this to...
Is Your Budget Outdated?
A manager is emailed the company’s budget for this year and he looks at it with a smile. He files it away into the Budget folder. “Finally, we’re...
How Your Customer Base Affects Your Company’s Value
A red flag for a buyer is a company with a few customers or even just one (yes, that does happen). If one or two customers leave, how much is the...
Are loss leaders right for your business?
I walked through the aisles of Babies “R” Us™ to get to the exorbitantly cheap baby formula in the back of the store. On my way, I stumbled upon a...
ESOPs & The Pandemic
Massive layoffs, record applications for unemployment, “Closed” signs displayed on businesses we love most. All are commonplace in today’s pandemic...
Optimize business, optimize life.
A Cautionary Tale… A client heard some horrible news: his wife was diagnosed with an illness that would end her life. Doctors advised that she...
Are you squeezing all the juice out of the fruit that is your business?
Over the past 30+ years, I have completed valuations for thousands of small businesses. I have seen businesses rise to the top and become successful...
Your Business Needs an iPhone™ Update
You open up your iPhone™ to a new notification: YOUR PHONE IS IN NEED OF AN UPDATE. But you can’t update it now. At least that’s what you tell...
Poll of ESOP companies and professionals September 2020
I found the results of our poll last week of ESOP companies and professionals surprising and somewhat pessimistic. Our respondents believed ESOP...
How To Maintain The Value Of Your Business For The Long Term
On this episode of Okon Bros we have on Adam Holtzer, Kevin Jennings and Robert Doyle and we discuss How To Maintain The Value Of Your Business...
A Great Way to Sell Your Business
“Studies show ESOP companies are more productive, faster growing, more profitable and have lower employee turnover” The challenges and...
“Opting Out of the PPP? There Are Some Tax Benefits to Consider” By Lou Vlahos
Lou Vlahos, an attorney with the firm Farrell Fritz, has continuously supplied valuable information to JBVal, my clients and to all readers of his...
PPP Loan Application Survey Results
Lou Vlahos, an attorney with the firm Farrell Fritz, has continuously supplied valuable information to JBVal, my clients and to all readers of his...
Time: A Four-Letter Word or Your Best Friend?
You built your business by ignoring time, letting the clock tick while you worked to midnight and beyond, setting aside the other demands in your...
Millennial Employees and Your Business
Millennials want to work from home, they want flex time, they don’t want to work overtime, I’m told.” In my dealings with business owners and...
ESOPS and the Smaller Business
How Does an ESOP Work? Updated October 2019. The original article was updated for clarity and relevance. An ESOP is an employee benefit plan which,...