When it comes to growing a company, entrepreneurs often pursue two common routes: Organic growth and acquisitions. While both methods can be effective in expanding businesses, increasing customer bases, and generating additional revenue, they each have their benefits...
As every entrepreneur knows, starting a new business requires capital. Often, business owners pursue funding from investors or loans; but many others decide to launch their businesses through bootstrapping. First, let’s define the term: Bootstrapping means starting a...
Valuation is a process that identifies the fair value of your business. How you arrive at that valuation, however, can differ depending on what method you use and what stage of growth your business is currently in. Understanding those nuances is important,...
When it comes to business ownership, is it better to go it alone or team up with a partner (or partners)? While both options can lead to a profitable venture, they each have significant advantages and disadvantages. Ultimately, the decision will come down to your...
It’s been quite a journey! You’ve created, built, and led a successful company that has supported you, your family, and your employees for years. As with most businesses, however, there comes a day when the entrepreneur steps aside and makes way for a new owner to...
Whether you are plunging into the entrepreneurial waters for the first time or you are a seasoned business owner looking for a new venture, choosing the right type business to buy requires quite a bit of due diligence and soul searching. With so many options...
