By: Kim Louden, GreatAmerica – In 2020, I’m sure there is no shortage of issues that keep you up a night. If one of them is increasing the Enterprise Value of your business, I have a few factors for you to consider as you create your strategies to build your business.
For an office equipment dealer or any company to be valuable, even sellable one day, there is a lot more to consider than just the bottom line. You need to be asking yourself questions like:
- Can we continue to grow in the future while maintaining margins?
- Am I too dependent on a key employee or key customer?
- Will our competition change?
- Are my future revenues secure?