The One Question Every Business Owner Should Be Able to Answer
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The One Question Every Business Owner Should Be Able to Answer

ByBill McDermott

What’s my business worth?    In a recent study, business owners were asked what they estimate the value of their business to be. 10% didn’t have a clue. The other 90% answered in a wide range between $500,000 and $100 million.    Further when asked how they arrived at that valuation, 2/3 answered that they had no…

How Much Debt Is Too Much?
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How Much Debt Is Too Much?

ByBill McDermott

Recently, we talked about obtaining a line of credit as “sleep insurance” when growing your business and how to make sure you’re bankable and bank-ready when requesting a loan.  Some people are risk takers and don’t mind going into debt. Some are totally debt averse and don’t borrow at all.  But how much debt is…

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