If you hope to sell your business someday, there are five things you need to consider. Even if that someday is three, five, or ten years from now, start working on these things while you can.
Five Factors Important in Selling Your Business
Category: Uncategorized
Set and Accomplish Goals for 2024
Meet your goals, get an accountability partner We are working on the second quarter and heading into the second half of the year. Have you set goals you want to accomplish for 2024? If you have set goals for 2024, are you on track to achieve your goals? Or, do you need to change what… Read more »
Strategies to Improve Profitability
https://studio.youtube.com/video/PEc0TN3Bedw https://ocgrowthadvisors.com/wp-content/uploads/2023/03/Strategies-for-Profitability.mp4 Understand your financial statements. Many business owners struggle to understand their financial statements and how what they are doing is impacting profitability. I once had a business owner tell me they were getting more clients and increasing revenue. However, the cost of sales for each of those new clients was significant, which will… Read more »
Why financial statements
Understanding financial statements is essential for small business owners. By understanding and analyzing financial statements as well as key financial ratios, small business owners can identify areas of improvement and develop strategies to increase profitability.
The Art of Delegation
Most people enjoy learning something new. It gives them a sense of purpose or understanding. When you delegate, you help another person learn a new task. However, many people delegate incorrectly, creating problems, distrust, anger, and frustration.
Support by way of a Peer Group, WPO
Diane Mondini with Caring Companions at Home https://www.youtube.com/watch?v=KmUHsNnQQAk Many business owners struggle with the challenges of running a business, particularly in today’s environment. However, some of them, including Diane Mondini from Caring Companions at Home, have found support by way of a peer group. Women Presidents’ Organization, Inc., is a non-profit organization with chapters all… Read more »
Hire The Right Business Coach
When you hire the right business coach, there are some important things to consider. Research who you want to help you. I have a few things you should think about. Many people think they can help you run your business, but not all of them are qualified. I have experience in running several successful businesses…. Read more »
Learn how to hire and inspire with confidence
Learn how easy it is to hire and inspire great employees
Communication in Family Business
Family communication in business can be challenging. Communication within a family business is challenging, whether the communication is within the same generation or different generations. It is critical for the longevity of the family business to work on communication. Within the same generation, the things that negatively affect communication include egos, emotions, fear or distrust…. Read more »
Recent Comments