How Do I Calculate A Growth Rate Of A Company? As a business owner, it is important to have a very clear understanding of your company’s growth rate. Calculating your growth rate can help you make more informed decisions on allocating resources and planning for the future. In this blog post, we will explain the […]
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How do I grow my business? Acquiring new customers is a good thing, but growing your business is easier and more cost effective when you increase sales to existing customers. To accomplish this, strategically focus on your customer relationships and improve the customer experience. Sounds simple, right? After all, you’ve already acquired the customer; all […]
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For many, January is a time of rebirth and resolutions. It’s a time to reflect on last year’s achievements and to set goals for the year ahead. Some people will set personal goals like losing weight or quitting a habit, and most company owners will set business goals that focus on hitting certain revenue or […]
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Most business owners think selling their business is a sprint, but the reality is it takes a long time to sell a company. The sound of the gun sends blood flowing as you leap forward out of the blocks. Within five seconds you’re at top speed and within a dozen your eye is searching for […]
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Unlocking the wealth in a business is no trivial affair given that 80%-90% of most owners’ financial assets are tied up in their business. The smartest business owners are banking on their ability to monetize this wealth to ensure their financial security and lifestyle once they exit.
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Facts Every Business Owner Should Know. While boomers are holding on to their businesses longer than ever before, most will want or need to exit their business within the next 5 to 10 years. That could be good news if you’re looking to buy a business, but the market is about to get much more challenging for owners looking to exit.
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Stephanie Breedlove started Breedlove & Associates in 1992 as a way to pay her nanny. The big payroll processors weren’t interested in dealing with one person’s wages and doing it themselves was complicated and time-consuming, too much for the then overwhelmed Breedlove. Breedlove saw a business opportunity and started a payroll company for parents who […]
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How much did your home increase in value last year? Depending on where you live, it may have gone up by 5 – 10% or more. How much did your stock portfolio increase over the last 12 months? By way of a benchmark, The Dow Jones Industrial Average has increased by around 13% in the […]
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Let’s say you’re in the market for buying a house and you go to view one that looks appealing in the ad. How does it look on the inside? The outside? What about the location? What is your general impression? Like your house, your business projects an image to potential buyers. When they come to […]
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