February 24, 2019
This is a piece I wrote after the 2016 EStreet Band Tour. I’m sharing here to provide just a little ‘why’ behind my crazy obsession. It starts with a single show. A friend takes you or you finally decide to see a live performance after years of listening to the records. And about ten minutes into the show, you know you have to see another, and another. That’s how the obsession with live shows starts with Springsteen fans, or at least it did for me. And then before you know it whenever Bruce tours, your year becomes planned around […]
February 19, 2019
As I spoke before in my valuation blog post, most small businesses trade for an average of 2 times Seller’s Discretionary Earnings (SDE), but there is a range (1-3). And there are ways to increase the value of your business. As our Podcast, The Deal Board, speaks about the quality and quantity of your earnings will drive the multiple paid on your business and ultimately the final purchase price. Here are three ways that we’ve found that can help drive both the quality of earnings and help increase the value of your business. 1. Financial Statements and Controls Financial Statements […]
February 19, 2019
The number one question I’m asked, is what is my business worth? It’s a question every business owner has on their mind. Maybe it is because they want to sell, maybe they are just curious. And it should be a simple answer, but unfortunately, it’s not. First, we should start with the fact that businesses are valued in different ways, for different reasons. For the purposes of this post, I’m going to be talking about how businesses are valued for the purpose of selling to a third party in the main street to lower end of the lower middle market […]
February 4, 2019
You may or may not have heard of an Opportunity Zone (OZ), and the opportunities (pun intended) that they create for investors and entrepreneurs. Basically, an opportunity zone is “An economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment.” There are three main tax incentives that the opportunity zone program includes: Immediate Deferral: If capital gains from appreciated assets are invested in a OZ within 180 days of receipt, a capital gain tax can be deferred. Future Reduction: If the capital investment is held in a OZ for more than 5 years, there will be […]
February 12, 2018
Traci Lounsbury is the President and Owner of Workplace ELEMENTS, which strives to create sustainable workplace environments that enhance their clients’ greatest asset, people. ELEMENTS recently ranked #6 in the Top 100 Women-Owned Companies in Colorado by CoBiz Magazine. Traci has received prestigious awards including Ernst & Young Entrepreneur of the Year, DBJ’s Outstanding Woman in Business, and Volunteer of the Year from the Downtown Denver Partnership, to name a few. In addition to all of her success, she is a force in the community where she previously served on the boards of Denver Children’s Home and the local chapter […]
January 10, 2018
When we kicked off The Broadview last May, my first post was about the State of the City: Women, Denver & Entrepreneurship. The turn of the year is an opportunity to look back and look ahead. When it comes to women and entrepreneurship, how did we, as a city, fare in 2017 and what do we have to look forward to in 2018? This blog post was originally published on the internet and this post references the original post. Originally published: http://www.thebroadviewdenver.com Original URL: https://www.thebroadviewdenver.com/features-news-blog/2018/1/10/state-of-women-in-entrepreneurship-2018?rq=jessica%20fialkovich Written by: Jessica Fialkovich Published Date: January 10, 2018