Are you selling your business or thinking about selling it in the future? If so, there are many mistakes that can derail the process and lower your company’s value. However, if you know where to focus your attention to represent your business favorably to prospective buyers, you can achieve a much better outcome. One of the… Read more »
It is natural for companies to focus on cost-cutting strategies during times of economic downturns. However, this limited focus can run a company quickly off-track if other strategies are ignored. To learn about a wide variety of strategies that should be considered, I encourage you to take a look at this article on deloitte.wsj.com. While… Read more »
Developing a dynamic and adaptable cash flow model is not a luxury, it is a necessity! In these uncertain times, the ability to analyze, plan and communicate your cash flow model is critical to your survival. Businesses need a clear picture of where they are headed and what improvements/ adjustments need to be made. Cash… Read more »
Here is a great summary of offensive and defensive strategies to help you manage the current financial crisis. Kudos to my friend Tom Meyer and his fellow Scaling Up Coaches Zahir Ladhani and Sid Panjwani for sharing these graphics. This is great advice for getting us through these tough times. If you’d like more advice… Read more »
If your business is starting to feel the impacts of a recession, it’s time to get focused on problem solving. There are many strategies you can implement to weather the storm and build an even stronger company into the future. When considering what to do, it’s important to consider both offensive and defensive strategies. To… Read more »