Are you ready to sell your company or wondering if now is the right time? Regardless of whether you’re just beginning to think about selling your company or are ready to pull the trigger on a full-blown process, if you haven’t been through a sale before, there are a few Read more…
2024 has been another year of uncertainty in the economy as increased interest rates continue to impact markets. Negative messaging in the Presidential race has not helped. Now is the perfect time for companies to build positive culture messaging through an emphasis of the organization’s core values. Clarity of vision Read more…
If you’ve been keeping up with recent economic news, consumer spending has plateaued, construction companies are laying off workers, and manufacturing plants are running below breakeven volumes. John Deere & Co. just announced they are cutting back production and laying off salaried workers. The Wall Street Journal carries daily stories Read more…
Over the last 15 months, we have seen a substantial change in middle market companies: they are focusing on internal promotion of staff and setting up executive training programs. Companies are finding it is more cost effective to promote from within rather than chase talent in a seller’s market. They Read more…
Near each month’s end, are you able to tell how profitable your company will be? If not, you may not be considering the right variables! Continuous measurement of key business drivers, also known as metrics, is critical in high performing 21st century companies. When the financial statements are published, they Read more…
Inflation affects all of us in our lives and businesses. However, how we measure the impact and what we do about it is critical to maintaining a healthy profit for a sustainable company. In this article, we address signs that profit is leaking in your company, what to do if Read more…
As we embark on a new year, it’s customary to establish New Year’s resolutions. Additionally, we should do a thorough introspection of ourselves as business leaders and assess the proficiency of our team. The common analogy stresses the importance of “having the right people in the right seats on the Read more…
Uncertainty may be a cause for concern, but when was the last time you were truly in a certain world? Your outlook for 2024 depends on your industry, geography, and the extent to which you trust in the accuracy of mainstream media. We subscribe to multiple economic data sources to Read more…
If you’re eyeing the prospect of taking over the business your boss owns, recent changes by the Small Business Administration (SBA) might make your goal more achievable. Whether your boss owns the business outright or you’re already a partial partner, the SBA has revised its rules to simplify the financing Read more…
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 needed to ensure you maximize the sale of your business. Read more…