Knowing your numbers, valuation, forecast, and financial independence


If you own a business and want to plan for your financial future, you need to understand your money situation. That means figuring out how much money you’ll make from things like stocks and real estate, and how much your business is worth if you sell it. To do this, you might need help from a financial advisor or business broker.

Once you know these two numbers, you can figure out how much money you’ll need to live the way you want to. You can also decide if it’s better to sell your business or keep running it. This will help you plan for your retirement and make sure you have enough money to be financially independent.


hi this is Byron speaking to you today

from the banks of the Bear River in

Evanston Wyoming on the western edge of

the Wyoming Utah border and I want to

talk to you today about the three key

components to financial Independence for

our business owner looking to transfer

their company to management

first is what we call an entrepreneur’s

calculation of value that’s where you

work with your CPA or another business

advisor to get a calculation of your

business value

it doesn’t need to be the highest

standard it just needs to be a represent

a reasonable range the second is a cash

flow projection that would take into

consideration the uses of your cash

which are bonus compensation Capital

expenditures and taxes and then what

would be left over to service potential

uh installment purchase debt and then

the third is the financial needs

analysis of the business owner so that

the advisors know clearly what the owner

needs in the way of resources from the

company in order for them to become

financially independent

so we use those three

points in the financial planning process

to get clarity on what the business is

worth what cash flow could be available

to service debt and more importantly

what resources does the business owner

need from the company in order for them

to be financially independent from it

when they retire

Don’t miss the opportunity of your lifetime.

Schedule a Meeting Now

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