29 May Venture Advocates to present at Techstars Startup Week
What is a Techstars Startup Week?
The Techstars Startup Week brings entrepreneurs, local leaders, and friends together to build momentum and opportunity around a community’s unique entrepreneurial identity.
Startup Weeks are multi-day events packed with presentations, panels, workshops, social events, and more – all crafted by the locals – to gather the community to learn from each other and celebrate their comradery.
As business brokers, educating entrepreneurs on valuing a business is key. Knowing your business’s value will aid you in planning for the future – whether that means selling your business one day, buying a new business, or handing that business off to other family members when you’re ready to retire.
Venture Advocates will host a seminar on Business Valuation Basics at the West Slope TechStars Startup Week on June 7th at 3:30 PM. You can register for the seminar here.
Curious as to what you’ll learn? Here are 5 areas we’ll cover in our seminar:
Recasting Financial Statements: This is the accepted method of adjusting or eliminating items on your financial statements that aren’t related to your day-to-day business, or ongoing business expenses.
Industry Rules of Thumb: These will relate to “rules of thumb” regarding the valuation of your business.
Sold Market Comparables: Are there other businesses, like yours, in the same market that have sold previously? Can you use the available information about their sale to help you determine the value of your own business?
And finally … we’ll discuss the top 5 things any business owner should do, RIGHT NOW, to maximize business value and prepare to exit a business in style.
Ready to join us? Register here.
If you’d prefer a one-on-one meeting, feel free to contact us here.