Hub and Spoke is one of the value drivers that we analyze when engaging a business owner who’s thinking about selling in the next few years. This area of focus is one of the top elements that pique owners interest and it’s a topic that really doesn’t need to be much explanation, but the owner is the hub and all the departments and employees need to go to you for answers and decisions. 95% of the owners know this is holding back the company value but don’t know how to fix it!
Often times when I meet a business owner for the first time, they will ask me what his business is worth. Fair question. Like any accountant or lawyer will answer, it depends (am I the only one that hates that answer?) Ultimately the market will tell you what it's worth, but we'll do some work to find a range. However, there are some things you can start doing now that will help you acquire the upper range of that dollar amount if you start early enough before selling. The fi