BEACON Blog

6 Good Reasons NOT to Diversify

6 Good Reasons NOT to Diversify

Diversification is a sound financial planning strategy, but does it work for company building? How does Vitamix get away with charging $700 for a blender when reputable companies like Cuisinart and Breville make blenders for less than half the price? It’s because...
How Much Goodwill Do You Have in Your Business?

How Much Goodwill Do You Have in Your Business?

The term “goodwill” is often thrown around in conversation as though it is a subjective description of how much your customers like your business. In fact, when it comes to valuing your business, there is nothing subjective about the definition of goodwill. It is...
4 Traps to Avoid When Selling Your Business

4 Traps to Avoid When Selling Your Business

Business owners have been known to refer to due diligence as “the entrepreneur’s proctology exam.” It’s a crude analogy but a good representation of what it feels like when a stranger pokes, prods, and looks inside every inch of your business....
Catering

Catering

A modern catering company with a strong commercial clientele focus within larger corporations. Listing Price: $650,000 Selling Price: $630,000   Photo by Katherine...

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