We have dusted off two previously published blogs focused on uncertainty because the steps recommended worked then and again now. The on and off tariff cartwheel is causing pause everywhere. In the past, the large corporate world was postponing investment, this time the middle market is slowing decisions too. Doing Read more…
2024 has brought its share of uncertainty, with geopolitical tensions impacting supply chains and costs. As we step into 2025, one key focus for businesses is how to prioritize and support their teams. The insights shared here are drawn from a variety of trusted sources, including the RCM Middle Market Read more…
Despite ongoing economic uncertainty in 2024, recent data from the National Center for the Middle Market at Ohio State University shows the middle market remains resilient and continues to experience robust growth, offering valuable insights for companies across industries. Some statistics worth noting are: YOY (2023-2024) midyear revenue growth of 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…
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…
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 this on your own, or should you seek outside assistance? Read more…