Posts Tagged ‘business owner’

Use Accrual Accounting for Long-Term Success

You’re an entrepreneur who is excited about growing your small business. Maybe you’ve identified the perfect niche market designing websites for local restaurants or installing high-end home security systems. You’re passionate about your company’s services, growing your business, and polishing your brand. Your focus on those elements of your business is really important to your…

Read More

Business Owners Must Avoid the Glider Path

I know a doctor who built a great practice and then unintentionally ruined it. Doc was a hard worker. He had earned his way to a comfortable retirement. But then he made a critical mistake. He took his foot off the gas. He figured he could glide for a few years before selling the business. He…

Read More

Is this a “Bankable” Deal?

I was talking with a business owner who was considering selling their business of 20 years.  The company had served him well, and he had managed to provide a great life for himself and his family. The challenging part was he was stuck trying to figure out the value of the company he worked so…

Read More