Berning & Heidebrecht, Ltd. and ValuationUSA are announcing the merger of their respective business valuation firms effective September 2020. Our primary objective is to enhance the expertise and service offerings available to our clients. We wil…
They Can Succeed If Effectively Planned and Structured Properly Certain industries seem to have very high levels of family involvement and succession. Restaurants, retail stores, farms, construction contracting, are examples of businesses that remain…
What Leads to a High-Performance Business? When you mention the term “high-performance” you usually think of cars, not businesses. What is a high-performance car? We think it is: “A performance car is an automobile that is designed and constructed sp…
Summary Current economic conditions, trends, risks and outlook indicate a MEDIUM HIGH level of valuation risk. Significant risks include: U.S. Budget deficit ramifications U.S. National debt again hits new all-time high at $22.1 trillion. …
Negotiation is an Art, a Skill, and a Risky Business if You’re not Experienced. When you’re selling your business there are literally dozens of factors to consider, some tangible and some intangible. The first is usually price, and then there are thi…
Not everyone looks forward to retirement. Many people, especially those who are in positions of control, power, and esteem, enjoy going to work every day and really don’t like the thought of puttering around the house or going on cruises for the rest…
When you are trying to determine the value of a business, it’s not as simple as many other goods and services we buy and sell every day. The value of a business will often relate directly to the buyer’s goals and plans for that business. Some people …
Happy Employees Stay on Board, Maintain High Customer Satisfaction, Boost Profits More than half of an auto dealership gross margin goes to employee payroll and that number goes even higher every time a worker leaves and a new person needs to be scre…
Accent the Positive, Divest the Negative, and Make it Shine! Perhaps you’ve heard the adage “never buy a car on a rainy day.” The thought behind it is that on a rainy day, even a faded old car will look shiny, and it’s hard to…
Business Valuation Studies and Reports Follow a Fluid Economy to Present Accurate Assessments Here is a good trivia question: Where was the world’s first mall? Believe it or not, it is still standing and as you’d expect, it’s an All…