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Application TCO

Systems and software applications are often purchased and implemented without knowing the life cycle costs. Replacing or keeping an existing business application only makes financial sense if you know the true costs and risks to support and maintain an application. The true total cost of ownership (TCO) via technology business management (TBM) will guide your decision making and strategic planning.

Prepare a Business to be Sold

There are many reasons an owner may want to sell a company, such as retirement, illness, moving on to something else, financial difficulties, divorce, or a hot market. To maximize a company's value, an owner should start preparing a business for sale, at least two years before approaching potential buyers. Be prepared to provide buyers with what they want to see before they ever ask. You can attract more buyers by demonstrating how well run your company is and why it would be a good investment.