Buyers tend to pay premium prices for companies that have developed realistic strategies for growth. This growth strategy must be communicated to a potential buyer so that the buyer can see specific reasons why cash flow (and the business itself) should grow after it is acquired.
We approach every client relationship with a business assessment. Two businesses can look identical but have very different valuations.
We look at 400 different qualitative aspects of the business, and what comes out of that for the client, is some sort of prioritized list of issues to do the tough things to make a better business out of it. We decided to make our own top 11 list of mistakes business owners make. READ THE ARTICLE
“Be careful what you wish for. Rapid growth can cause major problems, ” said Rick Brimacomb, founder of Brimacomb + Associates and Club E, to introduce a workshop co-sponsored by Upsize Minnesota on managing rapid growth, at the Minneapolis Club. Our own Tom Siders was one of six panelists discussion the issues that rapid growth can create for business owners. . Check out the re-cap article written by Upsize.
Transferring management responsibility is an important part of having a stable and motivated management team in place; one of the key elements driving the value of your business. Read the first article in a two-part series in which we explore specific areas of management that should be included in your management transfer plan. Take me to the article.