10 Things That Build Business Value!!
ShareThinking of selling? Expanding? Secure Funding? Retire? Other?
10 Things That Build Business Value!!
1. Establish your brand in the marketplace.
2. Develop your operations manual. Put systems into place that will let your business maintain or grow in your absence.
3. Be vigil in keeping your books current; showing accurate, clearly identified and consistent records. (Remember, besides [...]
Did You Know – A Business Plan Can Make You Money Whether You Put It Into Action Or Not?
ShareDid You Know – A Business Plan Can Make You Money Whether You Put It Into Action Or Not?
I am often amused when someone claims they don’t need a BP (Business Plan) because they “fly by the seat of their pants”, or “a BP is a waste of time”; then smugly point out they have [...]
5 Basic Steps Defined for Long-Term Profitability
Share5 Basic Steps Defined for Long-Term Profitability
In case you hadn’t noticed, many articles, experts, textbooks, etc. tell you that you are “confused” if you don’t subscribe to their particular definition of business terms. I too have my set of definitions, and because this is my Blog you will find them listed below.
Please understand that my [...]
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2 Kinds of Business Owners – Which Are You
Share2 Kinds of Business Owners – Which Are You?
The first business owner fully understands the numbers required to run a company. He knows to the penny the start-up and general expenses, cost of goods, and the break-even point. He sees the trends and how the customers are responding to the company’s marketing and the employee [...]
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