One of the first questions I ask a new client is what their exit strategy is. More often than not, I get a response that goes something like: “Why do I need to start thinking about my exit strategy? I am young and not anywhere near ready to think about selling!” While I understand this… Read more »
Every business owner wants to increase the sales of their company! What is less common is knowledge of how to use financial strategies to have an impact on increasing sales. If you are not employing these six strategies, you are missing out on incremental sales that could have a huge bottom line impact. Increase the amount… Read more »
Many business owners and entrepreneurs don’t always know when to switch to plan B. Robert Chess, a lecturer of management at Stanford Graduate School of Business and chairman of Nektar Therapeutics, a biopharmaceutical company offers some interesting advice on when owners should pivot to a different business plan.
There are a a number of reasons why businesses struggle, often it’s a matter of sales volume. Evan Asano, CEO & Founder: Mediakix.com offers some sound advice to help you focus your business development efforts to build/re-build sales, his three best recommendations in my opinion: Hire the absolute best people you can find. Stop trying to… Read more »
On December 18th the Protecting Americans from Tax Hikes (PATH) Act of 2015 was signed into law. The are some real benefits to SMBs in this legislation, 3 of the most notable: Section 179 Depreciation that permits businesses to expense $500,000 of machinery and equipment purchases rather than depreciate over useful lives. This deduction isn’t new… Read more »