Life after your business can feel uncertain—but avoiding the questions won’t stop the transition. An experienced advisor helps you clarify goals, face the unknowns, and turn uncertainty into a plan that prepares you for what’s next.
Category: business
Decisions Made from Fear
“I’m taking the logos off my trucks. It just makes them a target for personal injury lawyers.” “I don’t want to put our newest product innovations on our website. The competitors just copy them.” “We pay all of our employees to bring their vehicles back to the yard every night. We don’t want to be… Continue reading Decisions Made from Fear
The Role of a Business Valuation In Your Exit Strategy
An accurate business valuation is crucial for a successful exit strategy, guiding expectations and attracting buyers. It involves assessing financials, market conditions, and intangible assets. Engaging valuation specialists provides objective insights, aiding negotiations and structuring sales. Regularly updating valuations ensures alignment with market trends and business performance, optimizing sale outcomes.
Missed Opportunities
To ensure business growth, monitor stagnation signals like flat revenue and declining customer satisfaction. Evaluate competitor performance, customer feedback, and buying trends of top clients. Embrace modern technologies and leverage trade shows for innovation. Address hiring challenges and consider advisory support to identify and capitalize on untapped opportunities.
Goals and Resolutions
There is a difference between goals and resolutions. Businesses set goals. These can be budgetary, operational, recruiting, sales or profit oriented. Individuals make resolutions. Business Goals Goals are typically focused on a particular outcome and so should be specific. It’s worth the time to get into the details. If you intend to increase the company’s cash flow,… Continue reading Goals and Resolutions
FPA Owner Transitions 