I want to share with you an empowering fact. No matter the challenges are thrown at us by the global pandemic of COVID-19… Many, if not most of the keys to surviving and thriving in this economy are internal business issues that remain within your control. This is a perfect time,...
If your business is suffering, here’s what you need to do.
Focus on what you can control. It’s a cliché, but in business it’s true. Amidst this global health crisis and stressed economy, a multitude of your internal business issues still remain within your control. Since you are forced to stay and work from home, this is the perfect time to...
The Number One Thing Business Owners Should Stop Focusing On
The Number One Thing Business Owners Should Stop Focusing On The price your business will fetch when you sell it might just come down to a single equation: what multiple of your profit is an acquirer willing to pay for your company? We call this “Transaction Value”, which is different...
Apply the Best Practices of Public Companies to Your Private Company
Apply the Best Practices of Public Companies to Your Private Company Small businesses often operate as if their sole purpose is to fund the owner’s lifestyle, but the most valuable companies are run with financial rigor. You may be years from wanting to sell, but starting to formalize your operations...
The Number One Mistake Business Owners Make When Selling
The Number One Mistake Business Owners Make When Selling The most costly mistake owners make in selling their company is being lured into a proprietary deal. The Definition Of A Proprietary Deal Acquirers land a proprietary deal (or “prop deal”) when they convince owners to sell their businesses without creating...