Posts by Terry Lammers
How to Make the Most of Your Business Valuation (Even if You’re Not Ready to Sell)
What is your company worth? It’s important to know your business valuation. If you’ve put any thought into life after running your current business, you’ve likely given this question some consideration. But the real question is this: Is your own estimate accurate? More than likely, it isn’t. Sure, no one knows your business better than…
Read MoreIs Your Company Bankable? How to Improve Your Chances of Being Approved for a Loan
Applying for a bank loan can be stressful and confusing, but these tips will increase your chances of securing the financing you need to grow your company. Over the years, I have received more than my share of denial letters from banks. I didn’t understand. I was good with my money, so why wouldn’t these…
Read MoreBuying Employees
We talk with business owners every day from all types of industries with businesses in a wide range of sizes. One thing we’ve been told that seems to be industry agnostic is, “We can’t find qualified employees,” or, “We will grow as fast as we can find qualified employees.” We know where those…
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