Tag: best practices

Smart Ways to Increase Your Company’s Value

business valuation

If you’re like many business owners, you’ve invested countless hours growing your company with an eye toward one day selling and retiring. However, a business valuation is sometimes an overlooked piece of the puzzle for a successful sale. So, regardless of your company’s stage of life, it’s important to have a valuation done to ensure… Read more »

Create a Win-Win Situation With Proper Exit Planning

exit planning win

Many business owners view exit planning purely from a seller’s perspective with the end goal of selling the business for maximum profit. But exit planning, when done properly, actually helps both the buyer and the seller in different ways. For some excellent insights on preparing for a winning exit, check out this great article from… Read more »

Must-Ask Questions to Consider Before Selling Your Business

decision to sell

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 »

Safeguard Your Business Against Future Risk

Safeguard against risk

Running a business is a matter of balancing potential risks against expected outcomes. Many factors can lead to unexpected financial loss, but a few simple steps can protect your business from significant financial challenges. To help you build a strong foundation, I recommend you read an insightful list of tips from the Forbes Finance Council.… Read more »

How to Deal with Dwindling Profits Before It’s Too Late

Dwindling Profits

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 »