By Cheryl Powers

In a notable transaction last year, Darden Restaurants, the entity behind Olive Garden, disclosed its acquisition of Ruth's Chris Steak House for $715 million. This figure pegged the valuation at approximately one times the preceding year's annual revenue, translating to around ten times the adjusted EBITDA for 2022. While impressive for a corporation of its stature, the valuation metrics for Ruth's Chris may have been somewhat constrained by its absence of a recurring revenue ...

By Cheryl Powers

At its core, customer capital is the value your business derives from its customer relationships. It's a facet of intellectual capital, transcending traditional business assets to include the intangible bonds your company fosters with its customers, members, and clients. 

The Role of Customer Capital in Business

Customer capital is a crucial element of your business's ecosystem, incorporating the total value derived from your company's relationships with your customers. As...

 By Cheryl Powers

If you’re like many of our business owner clients, your company is not just a source of income; it's your largest and most significant asset. Often, the value of your business comprises the lion's share of your personal net worth. 

Personal net worth represents the difference between an individual's assets and liabilities. For business owners, the equity value of their business often makes up a significant portion of these assets. However, it's not uncommon for owners to misj...