If you have decided to sell your business in two or three years, you likely need to change some of your strategies to suit this new vision. While your money-saving tactics have gotten you this far, a new approach is Read more…
As we enter Q4 and reflect on the year thus far, you’ve undoubtedly had success. Now it is time to contemplate your next business evolution and take the necessary steps to achieve it. Do you have the expertise to navigate Read more…
In 2020, Colorado voters approved Proposition 118, opening the doors to a state-run Paid Family and Medical Leave Insurance (FAMLI) program. The program ensures that all Colorado workers have access to paid leave in order to take care of themselves Read more…
Part 4 – Five Steps to Success In this 4-part series, we’ve covered the overview of the bank lending process and the first four steps. This final installment covers the fifth and final step, pulling the whole process together for Read more…
Part 3 – Providing Detailed Financials and Operating Data History Over the course of this 4-part series, the first two blogs covered the overview of the 5-step process and went into depth regarding the first two steps of the process. Read more…
Part 2 – Matching Loan to Lender Part 1 of this series mentioned that the first step to getting a bank to loan your business money is, of course, finding the right lender. This starts with understanding the use of Read more…
Part 1 – A Process Summary This is a four‐part series on just what it takes to obtain a business loan and understanding the process you might face in running your business with someone else’s money. Today many businesses are Read more…
You have just received a letter of intent outlining the terms of a bank line for your company. Interest rates have climbed quickly, and banks are tightening their credit standards as they await the next recession. You are thinking: is Read more…
Suddenly, we are at midyear and still unsure about an impending recession. While the large corporate world has laid off employees, the middle market remains strong. However, signs of slowdowns are now appearing in the SMB market, and businesses are Read more…
For many businesses, networking is an important component of their sales and marketing effort – particularly for businesses that rely on referrals. Lead generation has become increasingly challenging, perhaps due to ever-increasing competition within most business sectors, coupled with decisionmakers becoming Read more…