Typically, 60 to 80 percent 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.
Tyson's Corner, VA (PRWEB) October 01, 2013
ROichecker, the most innovative website for small business owners interested in increasing business value, has added the experience and knowledge of Tim McDaniel, CPA/ABV, ASA, CBA, to its network of collaborators.
Starting today, ROIchecker visitors will be able to get exceptional material about business valuations and easy tips to add value to small businesses when they visit the site.
“Having Tim as a collaborator adds breadth and depth of knowledge to the powerful tools we already have in ROIchecker,” said Lucas E. Wall, ROIchecker’s founder.
McDaniel is a principal and director of business valuations at Rea & Associates, Inc., and has been involved in more than 2,000 valuation engagements. McDaniel has pulled from his experiences to provide practical advice to business owners who are looking forward to a rich retirement.
McDaniel recently authored, “Know and Grow the Value of Your Business: An Owner’s Guide to Retiring Rich,” a book that provides insight and expertise to business owners about the importance of knowing what their business is worth and how they can maximize the entire business-owning experience to their benefit.
“The primary goal for this book is to help business owners look at their business as an investment and get the most for their business when they decide it’s time to move on,” McDaniel said.
ROIchecker will expand its content around Business Value and will make new material available to visitors in order to further strengthen its offering. ROIchecker is dedicated to helping small business owners with understanding and increasing the value of their businesses. McDaniel brings real-life experience and years of helping the same audience.
“Typically, 60 to 80 percent 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. This book helps these individuals develop an ’investment mindset,’ and gets them thinking about life during retirement.”
For more information or to read a chapter from the book, visit http://www.reacpa.com/know-grow-value-book.
ROIchecker is a database service that was created exclusively with the small business buyer/owner/seller in mind, allowing them to find out the value of any business. ROIchecker is financial analysis software that analyzes multiple sources of data around how businesses produce value, and uses tailored reports to provide an insight layer on top of financial and accounting reports. ROIchecker organizes financial metrics into value-creation categories, giving a glance at where a company is doing well and where it may be wavering. This software gives more than just business listings, revenue and cash flow--the analytics features six components: return analytics, investment analytics, ROI optimization, growth projections, strategic indicators and competitive analysis.
To see how ROIchecker can help you and your business, watch the demo at http://www.roichecker.com/.