Is Your Pricing Stuck on Autopilot? Learn How Airlines Maximize Profits
Airline pricing strategies are complex and dynamic, influenced by a variety of factors such as demand, competition, operational costs, and historical customer behavior. Airlines employ several pricing strategies to optimize revenue and stay competitive in the...
The Balancing Act: Managing Risk While Taking Money Off the Table
Reducing business risk is not merely about safeguarding profitability, it's about building a foundation of trust and security. When navigating turbulent economic waters - every employee, their families, their financial hopes are banking on your decisions. While...
From Pawn to Queen: Elevate Your Business with Strategic Planning
Planning is a process that involves thinking ahead (hence playing chess) and organizing actions to achieve specific goals. Successfully done, it can allow management to see the future and act quickly on opportunities or threats growing the value of the business. The...
Celebrate the Past and Look to the Future with Gratitude
In today's competitive and dynamic business landscape, companies are continually seeking strategies to enhance their performance, productivity, and overall success. Among these strategies, one often overlooked yet powerful aspect is gratitude. Gratitude, the...
Navigating the Complexities of Estate and Gift Tax Valuation: The IRS Job Aid for DLOM as Your Guide
In the realm of estate and gift tax valuation, the concept of Discount for Lack of Marketability (DLOM) plays a crucial role in determining the fair market value of closely held business interests. The DLOM reflects the reduced value of such interests due to their...
An ESOP Philosophy…More Say, More Motivation, More Profit
Humans have a natural desire for autonomy and independence. When management’s style consists of only telling employees what to do, this can lead to lower self-esteem, resentment, and anxiety in employees. ESOPs (Employee Stock Ownership Plans) can lead to a better...
Harnessing Your True Potential: The Significance of Focusing on Your Strengths in Company Management
In the ever-evolving landscape of business management, leaders are often faced with the challenge of balancing multiple responsibilities, driving growth, and ensuring the success of their organizations. In this pursuit, one key factor stands out as a game-changer:...
Business Valuation Market Method Transactions – Selecting the Multiplier
READ FULL ARTICLE The Art of Business Valuation’s, Managing Member, Gregory Caruso, was recently published in the May/June 2023 issue of The Value Examiner. Greg’s article, “Market Method for Valuing Small Businesses – Selecting the Multiplier,” focuses on how to...
Your Company Stories Determine Your Business Culture, Values and Goals
What stories are you telling about your business? Storytelling is a core part of business success. Beginning with the new employee onboarding process, new hires are welcomed with captivating narratives about the company's journey, its values, and the achievements of...
Your ESOP Valuation: More Than Just a Number
Join Gregory Caruso at The ESOP Association Multistate Regional Conference 2023 in September as he presents “Your ESOP Valuation: More Than Just a Number” with co-presenter Sarah von Helfenstein. Certainly, the value found is the key of any business valuation,...