The current economic expansion has now exceeded a decade in length, which is a long one by historical standards. Of course, this recovery comes on the heels of one of the worst economic recessions in our country’s history. While the economy in most sectors remains reasonably strong, there are mixed signals on how much longer… Read more »
If you haven’t started thinking about exiting your business yet, or planning for it, now is the time to start. Early and consistent planning is an important component of success. There are many factors that must be considered during exit planning and knowing which questions to ask is an important part of the process. If… Read more »
If you’re starting to see dips in your profit, it’s important to take proactive steps. While boosting sales efforts and marketing are the most common, there are a number of other measures that can help. To get other ideas for how to grow profits, I recommend that you read an article on Forbes.com that features… Read more »
Do you have a proven best practice strategy for bid pricing? Do you effectively anticipate your competitors strategy? If you haven’t addressed these questions, you may be bidding too high or too low, which could spell trouble for your business. Thankfully, a recent article from Forbes.com offers sound advice to simplify the bidding process and win… Read more »
Almost a third of businesses fail due to problems with the financial structure of the company, but you may be able to avoid this trap by understanding and monitoring certain key financial metrics and taking the appropriate actions. To assist you in this process, I recommend that you read comprehensive article that explores seven key metrics… Read more »