How to ensure that your business isn’t dependent on a single person?
For your business to be valuable – and sellable one day – you need some way to generate sales after you’re gone. Many business owners hire a superstar salesperson to … Read more
For your business to be valuable – and sellable one day – you need some way to generate sales after you’re gone. Many business owners hire a superstar salesperson to … Read more
If your company’s revenue has stalled after a period of rapid growth, you may have fallen into The Mile-Wide Trap. The Mile-Wide Trap The Mile-Wide Trap ensnares you when you … Read more
Becoming wealthy may not be your primary goal, but if it is, there is a reasonably predictable way to do that. Step 1: Tax It is difficult to become wealthy … Read more
Have you ever wondered why startup companies stop growing? Sometimes they run out of potential customers to sell to or their product starts losing market share to a competitor, but … Read more
Being a middleman (or woman) has become risky business. When was the last time you used a travel agent? Agencies have largely become irrelevant given the rise of online travel … Read more
Most business owners think selling their business is a sprint, but the reality is it takes a long time to sell a company. Selling a business That’s probably how most … Read more
What is Goodwill? The term “goodwill” is often thrown around in conversation as though it is a subjective description of how much your customers like your business. In fact, when … Read more
The majority of businesses in America today started out as service companies. If you want to own a web design firm, you don’t need a lot of money, just a … 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. How is … Read more
One of the best ways to achieve repeating clients is by offering a subscription model. In the subscription business model, customers have to pay a recurring price at regular intervals … Read more