In today’s challenging business market, you may be tempted to slash prices in order to stay ahead of the competition. However, this strategy may not truly be in your best interest. In fact, it could turn into a recipe for disaster. To learn more about why this isn’t always a great strategy, I recommend that… Read more »
If you’re looking for ways to take your business to the next level, changing up your pricing strategy could be a smart move. What has worked in the past, might not be as effective today considering the large number of pricing options that the digital era has opened up. To learn about nine pricing models… Read more »
The decision to sell your business is not an easy one. You’ll need to consider everything from financial and human resources issues to the emotional impact on you personally. Before committing to a sale, it’s important to take the time to ask yourself the right questions. To see a full list of questions you need… Read more »
Cash is the fuel for your business, so it’s important to know how much to have on hand. While the recommended practice is to maintain reserves equal to 3-6 months of operating expenses, in real small business circumstances, a “one-size-fits-all” formula may not be the best fit for your business. The better approach is to… Read more »
M&A failure rates are high. Negotiations can be tricky. So how do you give your company the best shot at a successful merger or acquisition? A key component is creating sustainable value in advance of closing the deal, and clearly demonstrating such during negotiations. Learn more in this recent article from Forbes.com. To get your… Read more »