A great acronym to remember the benefits of getting systems in place in your business is S aving Y our S elf T ime E nergy M oney S tress Systems are your way of empowering your team to do large parts of your job, just as if you were doing it personally. They…
Most business owners think selling their business is a sprint, but the reality is it takes a long time to sell a business. 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…
September was a roller-coaster ride for stockholders here and overseas. Tidy wins followed by even larger losses, left the average investor reeling and were a good reminder that markets move in both directions. Valuations of privately held business have also been somewhat turbulent of late. In many of the reports I am reading—both large and…
Do you feel like sometimes you struggle to be understood and be heard by your team? Or, have you ever found yourself repeating the same instructions to a team member and they just don’t “get it”. Your communication method is the key. Business owners, more often than not, communicate with others using methods that work…
In a recent podcast interview I listened to, famed thought leader Seth Godin exclaimed that nowadays, nobody wants a [business] coach … everybody who wants a coach already has got themselves one … I think Seth is absolutely right, and I couldn’t agree more! Business Owners Want Results … Here’s why…just like nobody wants to buy a drill…
Easy…Don’t get caught out.. If you get this wrong, your lack of preparation could cost you the deal…or worse, you’ll take a discount on the business sale price. Over the past 30 years + of being involved in business sales as buyer and seller personally, or as a consultant for others, I have yet to see…
Why are tools like DiSC important for you to master?… As a business owner knowing how and where people work best can be a powerful and lucrative skillset for those with a team of people. Profiling tools such as DiSC are not new by any means, but the right tool is still one of the…
Why would two companies in the same industry, with the same financial performance, command vastly different valuations? The answer often comes down to how much each business is likely to grow in the future. The problem is that a lot of successful businesses reach a point where their growth starts to slow as the company matures….
Have you been thinking about selling your business but just can’t decide if now is the best time? Do you find yourself repeatedly analysing the economic situation and wishing you had a crystal ball? There are positive signs and there are negative signs…. If you’re still up in the air and can’t quite decide whether…
Deck: Why are Amazon, Apple and many of the most promising Silicon Valley start-ups leveraging a subscription business model? Subscribers not only provide steady turnover; they make your company more valuable in the eyes of an acquirer. In a traditional business, customers buy your product or service once and may or may not choose to…
