How to Transform From Employee to Owner
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How to Transform From Employee to Owner

Every business owner dreams one day of successfully selling their business and riding off in to the sunset with a professional life well-lived and money in the bank. That will be one of my clients in the next few weeks. Two partners started a business 30 years ago and are about to close on the…

3 Key Points to Structuring a Deal
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3 Key Points to Structuring a Deal

Every business owner has a big dream for their company and wants to make it happen. The problem is many deals can fall apart over terms, leaving both parties confused and frustrated. There are many pieces to consider when structuring a deal. How much? What price? Cash vs. stock? Lump sum or payments over time?…

3 Tips to Nail Your Loan Request Meeting with Your Bank
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3 Tips to Nail Your Loan Request Meeting with Your Bank

Growth always requires cash. Whether a business is expanding into new markets, growing their current offerings, or being bought out by current employees or a strategic buyer, funds are always required.  Sometimes a company may have the cash on hand to cover these plans and goals, but more often, financing is needed. But approaching a…

Are You Under-Banked?
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Are You Under-Banked?

Are you under-banked? If so, you’re not alone. A recent article I read indicated that among CFO’s, being under-banked has landed on the growing list of challenges most CFO’s face. Here’s why:  A recent report stated that the financial landscape for small to medium sized businesses (SMB’s) has changed significantly.  Credit markets have become increasingly biased toward bigger…

How Much Debt Is Too Much?
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How Much Debt Is Too Much?

Recently, we talked about obtaining a line of credit as “sleep insurance” when growing your business and how to make sure you’re bankable and bank-ready when requesting a loan.  Some people are risk takers and don’t mind going into debt. Some are totally debt averse and don’t borrow at all.  But how much debt is…

Are You Losing Sleep Over Business Cash Flow?
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Are You Losing Sleep Over Business Cash Flow?

In your business, money has a way of going out just as fast as it comes in. When cash is tight (and it almost always is), many business owners go home at night worrying about lack of cash in their bank account. In fact, 54% of business owners in a recent Forbes survey are losing…

Teaching Financials to Drive Performance: Part 3, The Cash Flow Statement
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Teaching Financials to Drive Performance: Part 3, The Cash Flow Statement

Every business owner wants to increase cash flow to have more cash. But it’s frustrating trying to figure out which “levers” to pull to increase cash flow. It shouldn’t be so hard to have a business that brings in more cash than it spends. Recent studies show that the lack of cash flow is the…

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