Strategy # 12: Five Steps to a Low-Maintenance Business
Every business must go through five steps of organizational "growing pains" before it can become a hands-off, revenue-producing asset. Which step are you on?
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Strategy # 11: Treat Small Expenses Like Big Matters
Do your dollars not stretch as far as they used to? Discover how to evaluate your expenses and make necessary cuts to free up cash flow.
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Strategy #10: Crushed by Shrinking Margins?
Are you losing money due to inefficient systems and shrinking margins? Discover 5 actions to take to avoid these kinds of obstacles.
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Strategy # 9: Mind the Cash Gap
Is your bank account constantly short on cash? Discover three actions you can take to eliminate the cash gap and build your bank account.
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A Short Story All Family-Owned Businesses Should Read
When it comes to selling a family-owned business there are no shortage of complicating factors, but one pops up quite often. This article contains a true story about a popular family business that was built from the ground up...
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5 Reasons Buying a Business is Preferable to Starting a New One
If you are considering running your own business, one of the first questions that might pop in your mind is: Should I start a new one or buy an established business? In this article, we’ll take a closer look...
Read moreWhat Serious Buyers Look For
Obviously, serious buyers want to carefully look at the financials of a company under consideration and all of the other major aspects of the company. However, there are a few other areas that the serious buyer will investigate that...
Read moreCan You Really Afford to Sell?
In many cases, the sale of a small company is “event” driven. That is, the reason for sale is often an event such as a health decline or illness, divorce, partnership issues, or even a decline in business. A...
Read moreWhen to Create an Exit Strategy
Photo Credit: DoodleDeMoon via Compfight cc There is the old saying that the time to develop an exit strategy is the day you open for business. Sounds good, but it’s not very realistic. Further, it also isn’t very...
Read moreKey Factors on the Acquirer’s Side
There are several key factors on the acquirer’s side of a sale, most of which are necessary to achieve a successful closing. Just as a seller has to deal with quite a few factors, the acquirer must also. Some...
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