In Valuing and Selling Your Business: A Quick Guide to Cashing In, author and valuation expert Tim McDaniel, a veteran of over 2,000 valuation engagements and dozens of M&A deals, covers the essentials in a short value-packed book of valuing and selling your business for an acceptable price. And if the valuation doesn't suggest the price you have in mind is possible, McDaniel shows you how to increase the value before putting your company on the market. It probably won't surprise you that 60-80% of a business owner's wealth is tied up in the value of the business. This is your most important asset, but you probably only guess at its value and you may have no concrete plan to increase that value. Even if you're not planning to sell in the near future, it's good to know what your business is worth so you can take the steps McDaniel outlines to make it more attractive to prospective buyers. This book covers: How valuations are done Whom to engage as a valuator How to increase the value of your business Insider tips on the sales process Best sales practices Valuing and Selling Your Business: A Quick Guide to Cashing In-an abridgement of McDaniel's Know and Grow the Value of Your Business-helps you get the most for your business when you decide it's time to move on.

A woman looking to retire said to author and valuation expert Tim McDaniel, I need to sell my business for $2.5 million to support my country club lifestyle. The reality was that her business was worth $750,000. How could she have been so wrong? As McDaniela veteran of over 2,000 valuation engagements and dozens of M&A dealsknows all too well, most owners work in their businesses and not on their businesses. He has seen the look of surprise on client faces far too often: It's only worth that much? In the rush of day-to-day work and decisions, business owners sometimes forget that their business is an investmentand something they need to watch, nurture, and care for just as they would a valuable antique vase or painting. Know and Grow the Value of Your Business: An Owner's Guide to Retiring Rich shows readers how to develop the investment mindset, value the business, bolster that value and maximize the return on their investment, and, finally, exit the business either through a sale to outside parties or by passing it on to family or other business insiders. This information couldn't be more important: Typically, 6080% of a business owner's wealth is tied up in the value of the business. This is their most important asset, but they usually guess at its value and have no concrete plan to increase it. That's why this book shows: The importance of treating your ownership interest in a business as something deserving near-daily attention. How a company is valued, and how others outside the business view that value. Steps you can take immediately to increase the value of your business. The different kinds of potential buyers and what attracts them. How to remove yourself from the day-to-day work of the business to plan for a brighter future. How to exit the business on your terms.

In short, this book helps business owners get the most for their business when they decide it's time to move on. What you'll learn The importance of treating your ownership interest in a business the same way you would treat the shares in your stock portfolio: Like an Investment. How a company is valued, using terms that business owners can understand. The ways you can increase the value of your business and how an outside buyer will view your company. Existing exit strategies, and the advantages and disadvantagesof each. Why timing might be the most critical component of your exit strategy. How to begin the succession planning process and knowing the critical components of a good succession plan. Who this book is for

Those with businesses with revenues up to about $30 million--90 percent of all business owners in the U.S., according to the United States Census Bureau. This amounts to over 12 million businesses in the United States alone. The principles the book espouses will be just as valid in countries besides the U.S. except for the tax advice author Tim McDaniel offers. Table of Contents Country Club Lifestyle The Investment Mindset Valuation Fundamentals Valuation Approaches Growing Your Value Selling Your Business The Hardest Step: Succession Planning Know Your Exit Options Know your Exit Strategy Time for Action Epilogue IRS Revenue Ruling 59-60 Sample Engagement Letter Sample Due Diligence Request Sample Family Business Creed AICPA Statement on Standards for Valuation Services No. 1

What did the Russian revolution of 1917 and the Iranian revolution of 1978-1979 share besides their drama? How can we compare a revolution led by Lenin with one inspired by Khomeini? How is a revolution based primarily on the urban working class similar to one founded to a significant degree on traditional groups like the bazaaris, small craftsmen, and religious students and preachers? Identifying a distinctive route to modernity--autocratic modernization--Tim McDaniel explores the dilemmas inherent in the efforts of autocratic monarchies in Russia and Iran to transform their countries into modern industrial societies. Originally published in 1991. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

What did the Russian revolution of 1917 and the Iranian revolution of 1978-1979 share besides their drama? How can we compare a revolution led by Lenin with one inspired by Khomeini? How is a revolution based primarily on the urban working class similar to one founded to a significant degree on traditional groups like the bazaaris, small craftsmen, and religious students and preachers? Identifying a distinctive route to modernity--autocratic modernization--Tim McDaniel explores the dilemmas inherent in the efforts of autocratic monarchies in Russia and Iran to transform their countries into modern industrial societies.

Originally published in 1993.

The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These paperback editions preserve the original texts of these important books while presenting them in durable paperback editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Andrew Rand of Wyland, Ohio, is a freshman Democratic representative at the start of the Obama administration. Deep in the corridors of political power, he will find a broken system: a liberal party in power and out of control, passing legislation that its constituents neither desire nor need, with its members under constant political and personal pressure to "fundamentally transform the nation." Soon, Andrew will struggle with the question of what he's willing to sacrifice in order to win reelection. Meanwhile, his wife, Carolyn-a brilliant, apolitical woman from a family of radical academics-will struggle not only with the emotional fallout of her husband's choices, but with her own awakening conservative conscience as well. Weaving contemporary political satire with an emotionally devastating plot, novelist Tim McDaniel imagines the rise of the conservative Tea Party to national prominence, a rise seen through the eyes of characters from all walks of American life: a housewife who decides to challenge the powers that be in her home district, a Texan radio host with a gift for caustic political insight, a campaign manager concealing a secret romantic ambition, student radicals, disenchanted factory workers, and more. A Bitter Cup of Tea serves up a bitterly funny vision of contemporary America: a land whose leaders have betrayed its people, and whose people are beginning to fight back.

This title is part of UC Press's Voices Revived program, which commemorates University of California Press's mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1988.

This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1988.