Understanding the valuation of the business is critical to the owners of closely held business in planning and management. Closely held business owners typically have most of their personal wealth tied up in their company, but rarely know the current value of the enterprise. Current valuation data is important for…
Agreements that limit former employees from soliciting customers or disclosing confidential information are critical to protecting the value of a closely held business. Restrictive covenants and non-compete agreements are difficult to enforce and must be carefully drafted to assure that they are enforceable. …
Intangible Capital are the elements that define a company’s real earnings capacity and its value. The Exit Planning Institute recognizes four intangile capitals in a business: human capital, structural capital, customer capital and social capital. Intangible capital is closely tied to the intangible assets of a business, which commonly represents…