Musings on Value and Valuation

A basic introduction to the ideas of value and valuation, from a first-principles point of view.

The Size Effect

Getting your head around the factors that impact the value of your business enables better strategic decision-making and risk management. Here we discuss the size effect, a discount on the value of small businesses.

An Introduction to Business Valuation

A starting point to understand some core concepts in business valuation: fair market value, future cash flows, and the time value of money.

What is Something Worth?

Starting with core principles, we here look to understand the notions of value and worth, and how they link to a Business Valuation.

Business Cycles and Business Exits

When is the best time to sell my business? With an appreciation of how market cycles work, you *can* get a higher price when you sell.