Posts Tagged ‘business’
Why Every Startup Needs to Shift Its Focus From the Checkbook to Cash Flow
After 24 years of raising children, my wife and I will become empty nesters soon. When I see a young couple with children, I think, “How the heck did we raise three kids into responsible adults?” That feeling reminds me of what starting a business can be like: It’s expensive. Starting a business comes with a hefty…
Read MoreFind Financials Confusing? Here’s How To Make Them Work For You
When I was a business owner, I had the fortune of being naturally comfortable with financials. So I assumed other CEOs were, too — until I became an advisor. Often, leaders who are amazing at running businesses have little understanding of the importance of numbers. It’s not that they are incapable of conceptualizing financials; it’s…
Read More3 Steps to Prepare Your Business for Sale in 2019
It might not be something they like to talk about, but all business owners should at least think about what their exit strategy is. Even massive companies like Campbell Soup Co. sell off business units at one point or another, so it’s best to be prepared. Plus, there’s never been a better time to sell. Citizens Bank’s…
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