“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
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.
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.
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
In the 1980s and 1990s, free-market economists like Milton Friedman and Art Laffer dominated U.S. economic policy. Tax rates dropped, regulations were loosened, and government spending as a share of GDP declined. The result was a surge in economic growth, innovation, and private sector strength. But in a twist of economic irony, John Maynard Keynes—long gone—has arguably had the last word. In the decades since, particularly during times of crisis, Keynesianism has returned with force.
FPA Owner Transitions 