For the longest time, we were concerned about our future and thought we could improve our results on our own. Then we realized that we needed help. Since working with Profitable Wisdom, we enjoy working on our business again and feel a sense of peace and calm about our future. Profitable Wisdom has helped us to increase profits, grow our personal savings and plan a transition that is right for us.
~ Jo Anne & Bill Leyburne
Questions & Answers
Business valuation goes beyond simple mathematics, but to get some idea of what your business might be worth, consider the three methods below. Your business is likely your largest asset so it’s normal to want to know what it is worth. The problem is:
A business owner once told me that she asked her Accountant how to increase business’ profits. The accountant replied: “Increase revenue.” Many business owners believe that you must increase sales and revenue to make more money. However, there are many other ways to improve profitability.
A better way to increase profits is to increase profit margins…