Eric C. Boyce, CFA President & CEO Boyce &

Transcript:Eric C. Boyce, CFA President & CEO Boyce &:
Eric C. Boyce, CFA President & CEO Boyce & Associates Wealth Consulting, Inc. www.boycewealth.com Small Business Owners Guide to Expansion, Financing, Realizing Value & Securing an Exit 2 Disclaimers Sources US Small Business Administration Office of Advocacy, Fit Small Business, Sprout Social, Embroker, Zippia, US Chamber of Commerce, Swoop, Findstack, PR Newswire, Oberlo, Bipartisan Policy Center, Payscale, Guidant, Forbes Advisor, Paycor, CorpNet, Score, DemandSage, FED Small Business, Hostinger.com Forward looking statements, estimates, and certain information contained herein are based upon proprietary and non-proprietary research and other sources. Information contained herein has been obtained from sources believed to be reliable but are not assured as to accuracy. Past performance is not indicative of future results. There is neither representation nor warranty as to the current accuracy of, nor liability for, decisions based on such information. Risks: All investments, including stocks, bonds, commodities, alternative investments and real assets, should be considered speculative in nature and could involve risk of loss. All investors are advised to fully understand all risks associated with any kind of investing they choose to do. Hypothetical or simulated performance is not indicative of future results. Investment advisory services offered through Boyce & Associates Wealth Consulting, Inc., a registered investment adviser. Boyce & Associates Wealth Consulting, Inc. has Representatives Licensed to sell Life Insurance in TX and other states 3 2. Who is on Your Team? 1. Perspective on Small Business 3. Characteristics of High Performing Businesses 4. Effective Entity Structure 5. Contingency Planning 6. Business Valuation 101 7. Valuation Drivers & Anchors 8. Five Pillars of Value 4 Perspective on Small Business Some Data on Small Business 33.2 Million Small Businesses in the US 82% (27 million) are “non-employer” 18% (6 million) have >1 employee “small employer” Small Business = 99% of all companies in US Small Business created 17.3 million net jobs from 1995-2021 Large Enterprises created 10.3 million net jobs Small Business employs 61.7 million Americans Equal to ~1/2 of the private sector workforce Franchisees equal 46% of small business owners (+12% in 2023) 5 Source: See Disclaimer Page for Summary 6 Source: See Disclaimer Page for Summary Some Data on Small Business 43% of Small Businesses are Women-Owned ~56% are Gen X 30% baby boomers Millennials rising faster than overall average Minority owners increasing at much faster clip than overall average 580 Immigrant entrepreneurs per 100,000 adults; 320 for native-born entrepreneurs 7 Source: See Disclaimer