Post by Mike Krieger

Incredible: In 1494, Luca Pacioli, a Tuscan mathematician and Franciscan Friar, formalized the double entry system of accounting in his book "Summa de Arithmetica". Which was revolutionary to say the least, but he didn't stop there. He also described the three keys to a successful business - capital (cash or credit), good accounting, and good internal systems. When looking for ways to add value to your business before you sell, who would have though to find such relevant information in a book written only two years after Columbus landed on the shores of America? #businessbroker #sellabusiness #sellingyourbusiness #exitstrategy #smallbusiness #exitplanning #sellingabusiness