7 things to do before signing a Letter of Intent
You may be years away from selling your business, but it’s never too early to understand what the process involves. If you have ever promised your child a treat in return … Read more
You may be years away from selling your business, but it’s never too early to understand what the process involves. If you have ever promised your child a treat in return … Read more
One of the core principles of creating a more valuable business is ensuring it can run without you by getting managers to think like owners. The theory goes that empowered … Read more
The other day I was speaking with a successful CEO in his fifties who runs a heating and air conditioning company generating eight million dollars in revenue and over one … Read more
In ski racing, one fifth of a second can be lost in the tiniest of miscalculations. And when it comes to selling your business, markets can be equally cruel. Get … Read more
Becoming wealthy may not be your primary goal, but if it is, there is a reasonably predictable way to improve your wealth. Step 1: Follow your passion Parents around the … Read more
A new decade always comes with a slew of predictions that can be scary. Will a new superbug take hold? Will the stock market crash? Will the economy tank? These … Read more
It can be tempting to offer shares in your company to finance its growth. These days, there are plenty of investors chasing promising new companies and, in today’s tight labour … Read more
How does Vitamix get away with charging $700 for a blender when reputable companies like Cuisinart and Breville make blenders for less than half the price? It’s because Vitamix does … Read more
Where do you sit on the doer vs. dealmaker continuum? On one hand, you have business owners who are really good operators. They have a plan, know their numbers and … Read more
Small businesses stay small either by choice, or because they start chasing growth in the wrong places. When you strip away the layers, it all comes down to darts. Imagine a … Read more