Knowing that planning and setting goals is a good thing to do is different from actually doing it. We’ve created a list of questions to consider that will guide you through planning and goal-setting for your business..
It’s October! Will You Meet Your Yearly Business Goals?
If you are one of the rare business owners who set business goals for this year, it’s crunch time. Here’s how to make the most of the 3 months you have left to meet those goals.
Yes, You Really Can Implement Predictable Sales Processes
We recognize the pivotal role of processes in business growth, performance enhancement, and value augmentation. And these days in a marketing-first driven world, it’s easy to feel like you don’t have a tried-and-true process to navigate sales.
Why Standard Operating Procedures Are the Lifeblood of a Successful Business
SOPs aren’t just a guideline for quality within your org: they’re your insurance against chaos. From compliance triumphs to disaster resilience, Standard Operating Procedures are the unsung heroes of your business journey.
How to Strengthen Business Stability for Long-term Success
In a world of uncertainties, stability and resilience are key to business success. COVID-19 taught us the importance of building strategies for long-term business health.
Top 10 Ways to Improve Your Business’s Performance
Ten best practices widely recognized as effective ways to ensure or improve business performance
How the Four Types of Intellectual Property Contribute Value to Your Company
Intellectual property is a highly valuable type of intangible business capital. It can take 1 of 4 forms: trademarks, patents, copyrights, or trade secrets.
Your company must take the time and invest the resources to protect its intellectual property! Learn why IP’s are so important, and how you can protect yours in our latest article.
Five Ways Financial Management Improves Your Business’s Value
Poor financial management can manifest itself in many ways, but the price is always the same: the value of your business.
Odds are, as the owner of your business you are a strategist, visionary, and leader. But you likely don’t have the bandwidth to manage the complexities of your business’s finances.
But not to worry! We’ve outlined 5 ways financial management will improve your business’s value.
How To Avoid the Biggest Valuation Mistake Made by Business Owners
You’ve been working on the sale of your business for months now. All the work, not just to complete this sale but to build a business someone else actually wants to buy, is about to pay off.
You hold your breath as the sales agent slides a piece of paper across the desk towards you…with a number completely different than you’d negotiated!
“As you know, we did a final business valuation last week to determine the final sale price for the closing today,” she explains. “After reviewing all of your records, we have determined that the value decreased from our initial estimate a year ago. As a result, the sale price will be 25% lower than we originally planned.”
What happened to the profitable sale you worked so hard for?!
What To Do If Your Business’s Valuation Is Too Low
You’ve decided to create an exit plan, and now it’s time to find out how much your business is worth. What if the value comes in lower than you expected? In this week’s Insights article, we talk about common issues that contribute to a low business valuation and how to move forward.