Tag: business finances

Sail Through Economic Uncertainty with Improved Liquidity

Sail Through Economic Uncertainty with Improved Liquidity

If the COVID-19 pandemic has caused uncertainty for your business, you can prevent your ship from sinking by improving liquidity. It is important during this time that your business stay as liquid as possible. To learn how to do that despite the rough waters, I encourage you to read this article on Forbes.com. If you’d… Read more »

How to Sustain Your Business In Tough Times

offensive strategies for COVID-19

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 »

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 »

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 »