How to Boost Stakeholder Confidence Through Transparency in Business Valuation/Planning

An old saying goes like this: “There are three kinds of lies: lies, damned lies, and statistics.” From the business stakeholder perspective, there is an even worse fourth category—accounting and financial evaluation. On the other hand, enhancing organizational transparency is key to improving your relationship with stakeholders, whether they be employees, family members, investors, or [...]

Bridging the Gap: Overcoming Common Business Appraisal Hurdles—The Sofer Advisors Way

Some Americans have a bad habit of not going to the doctor—whether they suspect something’s wrong or they’re simply due for a checkup. Especially in the current inflationary economy, the cost of care is a major factor as to why they don’t seek the help they need. Others skip appointments for very different reasons—one [...]

Credentials Matter: Especially When Valuing Your Business

Ever been in the unenviable position of needing immediate services from a skilled tradesman tasked with keeping your house feeling like a home? Whether it is a plumber, electrician, or HVAC specialist, they probably have one thing in common—right under their company name and logo, their truck adds the phrase: “licensed, bonded & insured.” And [...]

Boosting Business Resilience: Getting Your Company Ready for the Next Economic Shift

The Sofer Advisors team doesn’t have a crystal ball. We’ve never worked with a client with the ability to see the future, either. Despite all this, we know for certain an economic shift is coming at some point in the future. How can we be so certain? Founding Father Benjamin Franklin famously wrote, “In [...]

Honoring Your Life’s Work: How to Leave (The Right) Legacy

Prospects often ask their Sofer Advisors business valuation expert how our valuation firm can play a key role in their business’ future. They may expect answers related to tax services, compliance risk, and M&A consulting. But one of our answers can take entrepreneurs by surprise. An expert business valuation from our team can contribute [...]

Benefits of Benchmarking Your Business Performance: Leveraging Valuation Insights

Stacy Madison didn’t set out to be a healthy snack food mogul. In fact, she didn’t set out to be in the snack food business at all. She started a humble sandwich cart business in 1997 with her partner. However, her career took off like a rocket due to an insight uncovered from paying [...]

Mastering Business Succession Planning: Ensuring Your Legacy Thrives

Let’s start with a thought experiment. Imagine you have a time machine. But to thwart the type of catastrophes populating so much science fiction, your device only allows you to do one thing: check on your business in the future. Do you have confidence it will be thriving in 50 years? 100? If you [...]

Partnership Buyout Valuations: Effective Strategies for a Fair and Smooth Transition

Business partnerships are much like marriages. Although we don’t (usually) take vows to stay with a commercial partner “until death do us part,” we do expect to be in business together for the long haul. Otherwise, why team up in the first place? But just as many marriages sadly end in divorce, so do [...]

Go to Top