Cash flow is one of the economic factors used to determine the value of your business. You may have heard the term “cash flow” before, but that doesn’t mean you’ve got a solid understanding of what it is, or what it means for your business valuation. If you’re looking...
Buying an existing small business can be a shortcut to expanding your current business or taking on the mantle of business owner for the first time. Someone else has already done the legwork to get the venture up and running. They laid the foundation. They’ve built a...
It takes money to make money. You’ve probably heard that old adage more times than you can count, and as a business owner, you can attest to its veracity. While many entrepreneurs have self-financed their companies, there are many others who have had to secure outside...
If you are like most small business owners, the buck stops with you when it comes to the growth and profitability of your company. And if you serve as the company’s CEO, you might be wearing multiple hats to ensure the smooth day-to-day operation of your business....
It’s surprising how many entrepreneurs are completely oblivious to the numbers that determine the health of their companies. There is a tendency for some business owners to continue to operate year after year, while hiding their heads in the sand when it comes to...
Clearly defining your mission and purpose can positively impact your business growth and overall valuation In his iconic TEDx Talk, Simon Sinek discussed the importance of understanding your “Why” – the reason that your company exists. This goes far beyond the...
