100 Days That Will Define Your Business Forever
So you’ve done the hard work of winning a new customer, but it’s what you do in the next 100 days that determines if it’ll stick around.
Did You Miss The Perfect Time To Sell Your Business?
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…
Business Owners: Communicate Clearly With VAK (Visual Auditory Kinesthetic)
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…
You Need A Business Coach … Even If You Don’t Want One!
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…
Selling Your Business: How To Avoid These 4 Common Traps
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…
Is Now the Time To Sell Your Business?
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…
Business Valuation
Deck: Business valuation goes beyond simple mathematics, but to get some idea of what your business might be worth, consider the three methods below. Your business is likely your largest asset so it’s normal to want to know what it is worth. The problem is: business valuation is what one might call a ‘subjective science’….
What a Study of 14,000 Businesses Reveals About How You Should Not Be Spending Your Time
In an analysis of more than 14,000 businesses, a new study finds the most valuable companies take a contrarian approach to the boss doing the selling. Who does the selling in your business? My guess is that when you’re personally involved in doing the selling, your business is a whole lot more profitable than the…