Making decisions about your business’ succession plan requires critical thinking

What needs to be decided before you engage a business appraiser?

You have decided to have your business valued.  Now What?

It’s rare we receive a present from strangers, but the IRS of all sources routinely provides one to surviving spouses.  The assets surviving spouses...

The classic 1978 film Up in Smoke relates the misadventures of Pedro and Man (Cheech and Chong) who unwittingly smuggle a truckload of marijuana...

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,...

Every company wants to increase profitability. The first place they should look is actually not to new leads, but inward at their own operations....

70% of family businesses fail before reaching the second generation, 90% before the third (source: Family Business Institute) Do you want this to...

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...

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...

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...

Massive layoffs, record applications for unemployment, “Closed” signs displayed on businesses we love most. All are commonplace in today’s pandemic...

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...

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...

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...

I found the results of our poll last week of ESOP companies and professionals surprising and somewhat pessimistic. Our respondents believed ESOP...

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...

“Studies show ESOP companies are more productive, faster growing, more profitable and have lower employee turnover” The challenges and...