Is Perfection Standing in the Way of Your Business Exit?
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Is Perfection Standing in the Way of Your Business Exit?

Every business owner has a big dream for their company and wants to make it happen. They’re constantly working on improving their business, tweaking their strategy and efficiency, and are never satisfied. When it comes time to exit, this can lead to being frustrated or anxious because they didn’t spend enough time working on the…

What’s Standing in the Way of Our Business Exit?
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What’s Standing in the Way of Our Business Exit?

Every business owner has a big dream for their business and wants to make it happen. But, the economy, industry trends, and taxes can all make it difficult to exit a business. Many business owners are already tired from the Great Recession and Covid, and navigating these external factors leaves them confused and frustrated. We…

3 Essential Steps to a Successful Business Exit
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3 Essential Steps to a Successful Business Exit

A successful business exit can be a complex and daunting process. There are many factors to consider, such as the value of the business, the best way to sell it, and how to ensure a smooth transition. That’s why it’s essential for business owners to consider following these three major steps.  One of the best…

The Sales Rule Everyone Should Follow
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The Sales Rule Everyone Should Follow

When someone mentions they are a salesperson, mental images often come to mind of the used car salesperson that asks, “What do I need to do to get you in this car today?” People hate to be sold. But, when people are ready to buy they appreciate the help. There’s a subtle mindset shift (sell…

The Liquidity Rule Every Business Owner Should Know
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The Liquidity Rule Every Business Owner Should Know

Every business owner understands that cash/liquidity is critical to running our business. But, knowing how much cash is needed leaves many business owners confused, frustrated, and sometimes losing sleep. It takes a guide to help us know how much cash is needed. Often, we hire an accountant or controller to keep track of cash. Some…

Liquidity Traps to Avoid
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Liquidity Traps to Avoid

“Gazintas”? What is that? “Gazinta” is what I call a “goes into” and your balance sheet is full of them. Your balance sheet is dynamic, not static, and a “gazinta” indicates a change in your balance sheet and the reason. Cash going down “goes into” receivables going up or purchasing equipment for cash or funding…

Profitability = Viability
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Profitability = Viability

Every business owner wants to increase profitability. But many CEOs/business owners don’t know where to start or what to do. Business financial literacy classes are something that many of us didn’t take in school and there’s limited to no on-the-job training to help you get there. Every business owner deserves to have a business with a…

Is Your Business Losing Momentum?
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Is Your Business Losing Momentum?

Every business owner has a big dream for their business and wants to make it happen. But if your marketing is inconsistent, or you’re not prospecting for new business and suddenly a few loyal customers leave, you may be losing momentum. This loss of momentum can be confusing and frightening because you don’t know where to…

Is Your Business Suffocating?
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Is Your Business Suffocating?

Cash is to a business what oxygen is to a person. A business can’t “breathe” without it. 80% of businesses fail within the first 5 years in business and the number one reason is a lack of cash (capital). But the lack of capital is not the cause. Many businesses need sufficient cash to figure…

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