Reflections of a BizDrivenLife

A Technology Entrepreneur Shares his tips on how to win in Business… and in Life!


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I may be a learned scholar, a successful businessman, or a good father and husband, but until I am all three, I have not succeeded. Wilson Ng

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Category:

Growing the Value of your Company

October 25th, 2005 by Administrator

Image hosted by Photobucket.comJeff Cornwall have an excellent piece on how to determine the business value of your company. This is a great list of things that buyers are willing to pay for, and whether you eventually plan to sell your business or not, this is actually a good list of basic things that you need to focus in making your company a better one.

Basics like market positioning, track record and reputation, state of the industry, depth of management and sales team, customer base, etc. I would like to add two: The efficiency of your systems and processes ( which I believe is very important to gain a competitive edge) and of course the strength of your technology ( research and development portfolio, patent portfolio). Some technology are bought up primarily for their research breakthroughs.

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