Author Archives for Michelle Bomberger
by Michelle Bomberger | April 27, 2012
Often in our practice we hear business owners talk about the “fair market value” of their business, or speak of obtaining a valuation of their business as a definitive answer. Business owners often have the perception that a valuation is absolute, objective, and definitive. It’s the final word, right? Far from it. We learned... View Article
by Michelle Bomberger | April 24, 2012
Our guest blog post this week comes from Bob King, C.O.O Services, LLC What is your business worth? How much do you need to retire? Is there a gap between these two numbers? If so, how big is the gap? How do you close the gap? 1. VALUATION – a dose of Reality: For most... View Article
by Michelle Bomberger | April 10, 2012
Our guest blog post this week comes from Mark Mitchel, Director of Valuation Services, Clothier & Head, PS. A business valuation is an analytical exercise to determine the value of a business (or its individual assets), giving consideration to all of the factors that influence the operating performance of the business. Key valuation concepts... View Article
by Michelle Bomberger | April 2, 2012
In our discussions with business owners around exit planning and succession planning, one key area seems to consistently trip them up. That is “valuation.” We all generally understand that a company has some value, but how to determine that value can be tough to comprehend. A lot of the confusion comes from the emotional value... View Article
by Michelle Bomberger | March 23, 2012
Our guest blog post this week comes from Dave Shapiro, CEO of Excell Puget Sound. Yesterday, I sat down with a business owner who is working way too hard (his experience) and who saw no way out. His own conclusion, after a number of questions from me, was that he needed about five more of... View Article
by Michelle Bomberger | March 13, 2012
Our guest blog post this week is from Ryan P. Scott. Ryan is a Financial Representative of Principal National Life Insurance Company and Principal Life Insurance Company. Your business is not just your pride and joy but a major source of income for you, your family, and your employees. While the business is a large... View Article
by Michelle Bomberger | March 5, 2012
When talking with business owners about exit planning, most of the big questions revolve around the buyer and the price. These are the most obvious components but, as they say, the devil is in the details and the details often come out in the deal documents. In this post, I’ll share a bit about the... View Article
by Michelle Bomberger | February 21, 2012
My initial thought regarding the new Seattle Sick Leave ordinance was that an employer that had a “Paid Time Off” policy for all employees would not be impacted much by the new ordinance. As we dig deeper into the specifics of the ordinance, I am finding more complexities and administrative burdens that employers will have... View Article
by Michelle Bomberger | February 14, 2012
As we review the provisions of the new Seattle Paid Sick Leave Ordinance, we thought we’d provide some examples to show some of the issues and complexities of the ordinance. Anchorage Accounting is an accounting firm with its principal office in Anchorage Alaska. It has 6 full time employees in Alaska, 2 full time employees... View Article