Attached is an interesting article by Holly Magister recently posted on Forbes. It lists some of the most common reasons why smaller businesses fail to sell. They include:
– Lack of recurring revenue
– Unrealistic expectations
– Messy financials
– Declining sales
How does your business stack up?
It is a chaotic time for management when their company is in the midst of a turnaround, fretting over revenue, placating investors, managing suppliers, reducing costs while keeping employees motivated. There is an inordinate amount of things that need to get done. How do you know what to prioritize? A disciplined process….
This is a really good synopsis of some of the key numbers…..
I’ve recently been involved with a couple deals where the company has been losing money…….
The first step in growing your business is to identify where the most likely opportunity for additional revenue might be. There are several possibilities you can consider, all with varying levels of risk, effort, cost and potential rewards.
Do you……
•Spend time up at night worrying about your competition?
•Have multiple pages devoted to them in your business plan?
•Track their every pricing move and new product offering?
Some unease over the competition is healthy and warranted. However, it is best to keep your concern in perspective.
You’ve decided that you want your business valuated. And, perhaps you have heard the terms Conclusion of Value and Calculation of Value. They sound similar, but are they? What are the differences and when is it appropriate to use each one?
Ever wonder where you are making money or (gulp) losing money? Any business can benefit from understanding product or customer profitability. If you are a:
•Contractor – are you making money on residential or commercial contracts?
• Cardiologist or radiologist – are diagnostic services or interventional services more lucrative?
• Winery – is the 750ml bottle of house wine or the Reserve 1.5L magnum more profitable?
When planning and creating your exit strategy, you should focus on three factors……
So, you have a great idea for a start-up or you want to expand your current business. You have the perfect business plan and are confident that both revenue growth and profitability are sure-fire. Problem is, you don’t have the capital to fund the start-up or expansion.
If that is the case, here are 10 ways to fund your business. Which one is right for you?
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