What is the Difference Between a Small Business Consultant, Coach or Mentor?
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What is the Difference Between a Small Business Consultant, Coach or Mentor?

Discover the ways in which you can distinguish between a Consultant, Coach, or Mentor. Whether you want to solve a problem, build a skill, or work with a wise sounding board, understanding the differences among these three different functions will help ensure your success.Steven Schlagel is a CPA and Attorney with offices in both Durango, CO and Farmington, NM. More than the typical CPA, Steve mentors, coaches and consults with small business owners just like you every day to help them solve problems and build value in their business.

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Determining Business Value - The Income Method

Determining Business Value - The Income Method

Discover more about this straightforward, common sense approach to help you value a business with the Income approach. Whether you are buying a business or selling a business, this simple explanation of the Income valuation approach will be helpful and will give you something to use as comparison when talking value with brokers or colleagues. Basic, rule-of-thumb lessons such as this one can't consider all of the small details involved in determining an accurate business value, so don't make a purchase or sale based only on this. Talk to your current business advisors about how cash flow and cap rate apply to your particular situation, or talk with Steve via email or phone to get his advice.

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