Midmarketwiki entry for Evaluate Business (2nd step):
Action Step 2 - Special emphasis must be placed on the value of the business since for many owners this is the single most significant asset available to accomplish the identified future personal planning objectives.
The complexity of many client situations often means that their personal and business finances are inextricably linked. The best way to examine and analyze these fundamental interrelationships are through creation of
comprehensive business and personal financial models.
Without knowing the value of your company or the amount and timing of the likely “after-tax cash proceeds” it is impossible to determine if future personal financial objectives can be accomplished.
- Bill Hubbard
- Jim Wener
- Bill Hass
- Ram Iyer (Why the Gap exists)
- Bryan Rogers
- Tony Martorano
- Pat O'Connell