Capital Concepts Insights
News and helpful advice for business owners, founders, and entrepreneurs who want to build and exit their companies successfully.
Most Recent Articles
How To Set Good Goals That Build Your Business
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 Improve Business Stability
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.
The 5 Most Profitable Business Exits
Exiting your business does not just happen. It requires strategy and foresight. The good news is planning will boost your current business success!
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
About Capital Concepts
Would you like help?
We’ve been there, knowing things have to change but not knowing how. Let’s chat for a few minutes and see whether this seems like a good fit. The button below will let you schedule a simple 15-minute call with Lorne to get to know each other and see whether you’d like to talk more in depth.
Articles on Exit Planning
How To Prepare for a Strong Business Valuation
You’ve been reading our series and have decided to do some exit planning. You’ve audited your time, started planning for your free time, and have an idea how much money you’ll need for the next chapter. Now it’s time to find out what your business is worth now, so you can create a plan to get it to the value you need it to be. This week’s article shares the information you need to gather for a professional valuation, and what to do if you don’t have that information ready.
Determining the Value of a Business
How do you determine the value of a business? We discuss four methods for determining value, along with the variables and complexities that valuation professionals must factor in. You can address some of these factors ahead of time to set yourself up for the best result.
The Formula for an Effective Exit Plan
Ask a business owner over the age of 50 when they plan to transition or exit their business, and you’ll get one of two answers:
– a blank stare, or
– “I’ll work another 5-10 years and call it quits.”(And if you ask this person again in another 5-10 years, you’ll likely get the same answer!)
The bottom line is the same – most business owners lack a plan for leaving their business. Read the article to learn what goes into an exit plan.
The Benefits of Planning for Life Outside of Work
How long has it been since you did something just for the fun of it? What is on your list of “Things I’ll Do Someday When I Have Time”? You may think that you need to wait to start checking things off that list, but that’s a mistake.
There’s more to life than work, and it’s the things you enjoy in your leisure time that make you a well-rounded and happy human being. In this article, we invite you to start exploring and experimenting to find enjoyable and fulfilling activities outside of work and give some practical suggestions for how to do it.
One of the Biggest Barriers to a Successful Exit: YOU
It can be a self-perpetuating cycle: a business owner tells me she knows she needs to delegate so she can create bandwidth to plan ahead. But she can’t hand anything off because she hasn’t documented her processes which would allow someone else to follow the same steps and get similar results. Why hasn’t this happened? Because she doesn’t have time because she has so much on her plate.
Read the article to learn how to break this cycle and get out of your own way.
Videos on Exit Planning
The video below is the first in a playlist of 6 videos, each 2 minutes or less, on the kinds of challenges business owners must overcome to successfully exit their businesses. We can help with each of these.
Articles on Business Performance
Risky Business: High Customer Concentrations and Your Business Performance
Overreliance on a single customer or vendor isn’t good practice. This article explores the dangers of “putting your eggs in one basket”: loss of market share, reduced bargaining power, increased operating costs, exposure to risk from a single source, and difficulties in meeting demand.
Business Performance and Staff Retention
In the fast-paced dance of business, the last thing you want to hear from an employee is, “I’ve found another position and will be moving on.” It’s not just a farewell; it’s a hit to your business performance and staff retention.
How To Set Good Goals That Build Your Business
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.
Articles on Business Value
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.
How To Prepare for a Strong Business Valuation
You’ve been reading our series and have decided to do some exit planning. You’ve audited your time, started planning for your free time, and have an idea how much money you’ll need for the next chapter. Now it’s time to find out what your business is worth now, so you can create a plan to get it to the value you need it to be. This week’s article shares the information you need to gather for a professional valuation, and what to do if you don’t have that information ready.
Determining the Value of a Business
How do you determine the value of a business? We discuss four methods for determining value, along with the variables and complexities that valuation professionals must factor in. You can address some of these factors ahead of time to set yourself up for the best result.
LEVERAGING FINANCE STRATEGY TO GROW YOUR BUSINESS.