There are many ways a business, an individual, and even a buyer can benefit from the CARES Act, FFCRA, State legislation, local grants, and a general abundance of financial relief permeating the economy. To simplify your search, we have compiled a…
This month we’re writing about the opportunity for business owners to step away from their business…again. Yes, if you are a frequent reader of our newsletter, you’ll recognize this theme. The reason we keep bringing it up is that many…
Last month, we discussed accelerating the closing of your previous-year financials and taxes. One advantage we cited was the idea of readily knowing where you stand with your business and now being able to make plans for the upcoming year:…
A new year is a time to focus on the future, leave the past behind and move our businesses forward. However, there can be one area of activity that doesn’t want to let us move forward: closing previous year financial…
The joy we feel has little to do with the circumstances of our lives and everything to do with the focus of our lives. – Russell M. Nelson We appreciate all the hard work that you have put in throughout the…
Recently, I learned of a discussion one of my colleagues had with a professional contractor who has only been in business for a couple of years. The company is doing very well – the crews are delivering quality work, and…
Sales generation is a very important value enhancer for your business. If your company has annual revenue under $10 million, then every employee is a sales representative. To prove this point, the following is a conversation that took place several years…
Knowing the difference between growing revenue and growing equity value is another step to add value to your business. Business owners buy or start a business to grow top-line revenue and subsequent profits. As I talk to business owners that’s their number…
Focus on Building your Brand. It is interesting to note that customers are willing to pay more for brands that they know and recognize. The perception is that well-known brands, both products and services, have more value. How do you…
Summer is a challenging time. Trying to maintain a full workforce with employee vacations makes it difficult to work on your plan to add value to your business. However, to make sure your company is on track to reach its…
As we continue to discuss how to add value to your business, this month we will focus on the financial operations of your Business. Many successful business owners no matter the size of their company, or if they employ a bookkeeper or CFO,…
In April, we discussed the importance of marketing, sales and customer retention. This month, we will review organizational structure and how some of the best run businesses achieve success in this area. We have noticed that when a company sells and after…