Value Driver #4: Human Capital and Quality of Workforce Any aspect that reduces risk in the continuity of a business under new ownership adds value. A stable, skilled, quality workforce is one of the top value drivers that contributes to the purchase price of a business for sale.
A workforce that can lead to increased production, innovation and good word of mouth advertising is more valuable and less risky than one with low job performance and high employee turnover that would result in missed business opportunities and increased costs. |
Houston #1 Entrepreneurial City in U.S.
Houston has the highest level of entrepreneurial activity out of the 15 largest U.S. cities. Houston is a hotbed for innovation and business creation, and according to new stats, the No.1 place for entrepreneurs in 2010. According to the latest Index of Entrepreneurial Activity from the Kauffman Foundation, Houston has the highest level of entrepreneurial activity out of the 15 largest U.S. cities. Read more |
Tip #13: Keeping up with Technology
Not all businesses need to have cutting edge technology, but a company can't fall too far behind. Buyers will be concerned if they must make a large investment in the latest technology to get the company to a competitive level. A business owner should research and purchase the technology necessary to keep the company on par in its industry or be prepared to accept a lesser value for the business. |