As an entrepreneur, your business is your baby. You stay up late, stress over cash flow, obsess over product, and celebrate every hard-earned win. But here’s the hard truth: Most people you hire won’t care as much as you do. And that’s your fault—because you’re hiring...
Treat your business finances like an investor or buyer would— separate from your personal life. When I start working with business owners, going through the financials can be tricky…and eye-opening. The financials reveal not only a picture of the company’s...
Businesses are valued based on their ability to generate cash flows, and they are sold based on the expectation that they will generate future profits. The more cash flow a business can generate and secure, the more it will be worth. In The Business Transition...
Making the first move in business sales often puts you at a slight disadvantage. Initiating a sale can reveal just how eager you are to part with your business. Instead, it’s always more advantageous to be approached by potential acquirers rather than doing the...