Is that business worth the asking price? Business value varies based on the who is asking. As a buyer, don’t get bogged down by the vendor’s appraisal. Ask: What is the business worth to me?
Blog
A Note on the Use of AI at TEQ
I was asked recently whether we make use of AI at TEQ. This is becoming …
Success Trumps Perfection
Reading a weekly message of encouragement in a coaching newsletter from Alan Weiss, this phrase turned up. How does this sentiment align with good enough?
A potential buyer has told me his accountant has advised him ‘not to pay anything for goodwill.’ What does that mean?
It probably means the buyer hasn’t understood their accountant’s advice, but it could also mean …
Trillions
The numbers we use in business are getting bigger, and we all need to be able to conceptualise and understand these big numbers.
Are Your Business Beliefs Common or Unusual?
We explore the challenge small business owners face in recognizing whether their views and decisions are common or unique, and the importance of seeking external feedback to avoid isolation, improve decision-making, and foster business growth.
Musings on Value and Valuation
A basic introduction to the ideas of value and valuation, from a first-principles point of view.
Should I Buy a Franchise Business?
If you are looking to get into business, a good option to consider is buying an existing franchise or starting a greenfield franchise territory. Here we discuss some of the key issues you should consider.
What does it mean when a business is sold as ‘a going concern?’
Basically, a going concern means the business is still trading and generating revenue, rather than …
The Good Enough Collection
A complete list of blogs on the topic of Good Enough.