Increasingly, consumers have been basing their buying decisions on the mission and behavior of companies. As you will see below, a substantial portion of consumers rate social responsibility as a primary reason for choosing to do business with one company over...
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...
Many factors determine your company’s valuation. While most of these considerations are numbers-driven, such as your P&L, cash flow, and debt, there are also intangible considerations that play a vital role in your company’s worth. Chief among them is your...
When business is robust and your cash flow is positive, there is a tendency for some entrepreneurs to put financial analysis on the back burner. After all, there’s more money coming in than going out, and there are more than enough funds to cover payroll; so why spend...
Companies thrive when they are staffed by seasoned, competent, and knowledgeable professionals at all levels of the organization, including the C-suite. But for most small businesses, it doesn’t make financial sense to hire a team of highly executives, especially when...