Josh Horn CPA CVA

Valuation for family business succession and dispute settlement

[Josh Horn CPA CVA @hornvaluation]

There would be so many more valuable private businesses if they would redirect the time and energy used on tax avoidance into value creation.

[Josh Horn CPA CVA @hornvaluation]

https://t.co/SDieTDMECK

[Josh Horn CPA CVA @hornvaluation]

There are three primary #areas of your business that drive #value. In large businesses, there could be a dozen or more departments. But, when you get down to brass tacks, there are only three essential areas no matter your size...

New #blog post in the comments. Thanks!

[Josh Horn CPA CVA @hornvaluation]

https://t.co/D5wfBo6NxK

[Josh Horn CPA CVA @hornvaluation]

The #video for my Selling Your #familybusiness webinar is available in the comments. Thank you to everyone who participated and showed interest.

[Josh Horn CPA CVA @hornvaluation]

https://t.co/fbUR4AM5kD

[Josh Horn CPA CVA @hornvaluation]

Business seller #misconceptions that disappoint. New blog post in the comments. Thanks!

[Josh Horn CPA CVA @hornvaluation]

https://t.co/jryGjnNhNk

[Josh Horn CPA CVA @hornvaluation]

Higher #businessvalue comes from action. New blog post in the comments. Thanks!

[Josh Horn CPA CVA @hornvaluation]

https://t.co/ZMm3h1J1is

[Josh Horn CPA CVA @hornvaluation]

I’m offering a webinar called Selling Your Family Business on Thursday June 25th from 12:00 to 1:00 p.m. CST. I put the Zoom link in the comments if you're interested. Thanks!

[Josh Horn CPA CVA @hornvaluation]

https://t.co/ZMm3h1J1is

[Josh Horn CPA CVA @hornvaluation]

I’m offering a webinar called Selling Your Family Business on Thursday June 25th from 12:00 to 1:00 p.m. CST. If you’re interested, I put the Zoom link in the comments. Thanks!

[Josh Horn CPA CVA @hornvaluation]

https://t.co/9rXg0Y1FWt

[Josh Horn CPA CVA @hornvaluation]

I’ve had some success helping owners who wanted to stay out of #court over business valuation #disputes. There are #tradeoffs, however. New blog post in the comments. Thanks.

[Josh Horn CPA CVA @hornvaluation]

If someone isn't accountable for #collections, money tends to not get collected. If this was #obvious to everyone, I shouldn't see it so often in the businesses I value. #AccountsReceivable

[Josh Horn CPA CVA @hornvaluation]

If you #bonus so much owner compensation out to avoid income taxes that you have to hit your line of credit to make payroll, you likely overshot. #WorkingCapital needs are different for every business. There are worse things than #IncomeTaxes. Running out of cash is one of them.

[Josh Horn CPA CVA @hornvaluation]

It's also important to understand the total cost structure because sometimes the pieces are allocated differently than the industry. Some businesses are well-automated. Some are not.

Don't lose the #forest looking at one tree.

[Josh Horn CPA CVA @hornvaluation]

It doesn't make sense to look at #OwnerCompensation in isolation in business valuation. In some businesses, owners do a lot and in some they do little. It's useful to look at the overall salaries required to run the #operation at arm's length.

[Josh Horn CPA CVA @hornvaluation]

It never ceases to amaze me how much #GrossProfit has an outsized impact on construction and #TradeContractors. It's not unusual to have the highest sales year have lower profit than a year with better project cost management. Doing #boring things well is highly underrated.

[Josh Horn CPA CVA @hornvaluation]

For #presentations, I've found 2 minutes per slide is a reasonable estimate to keep you on schedule. If you have an hour for 40 slides, you will likely run out of time. Better to k*ll your darlings, get it to 30 slides, learn to #improvise, and aim for #impact instead of volume.