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But we are proud to say that Paul Wildrick contributed 163 entries already.
Specializing in one product or service allows you to focus on delivering that thing better than everyone else. It enables you to hire (or train) specialists in your field, improving the quality of your work, which leads to happier customers. And satisfied customers buy again and refer their friends. That’s why specialists often grow faster […]
Let’s look at how to survive and prosper, regardless of the economic perspective. Why is it that some companies prosper, while others implode during an economic recession? This remains a mystery for many business owners. However, we should work hard to understand it, since recessions seem to arrive ever 5 to 10 years like clockwork. […]
If you’re trying to figure out what your business might be worth, it’s helpful to consider what acquirers are paying for companies like yours these days. A little internet research will probably reveal that a business like yours trades for a multiple of your pre-tax profit, which is Sellers Discretionary Earnings (SDE) for a small […]
In each economic downturn there are many people who really benefit from the recession, and there is no reason for your company to not be included. In a bear market, business owners do not have to beat the bear, they just need to beat the competition. The trick is learning how to beat your competition […]
Some owners focus on growing their profits, while others are obsessed with salesgoals. Have you ever considered making it your primary goal to set up your business so that it can thrive and grow without you? A business not dependent on its owner is the ultimate asset to own. It allows you complete control over […]
Learn how to enlist enthusiastic, productive, and lucrative individuals for your business team for greater synergy and success. Every successful entrepreneur understands that human capital is a company’s most valuable asset. A dream team allows you to achieve significant goals while also providing richer and more satisfying career satisfaction. Human resources, on the other hand, […]
If you’re feeling lost when it comes to your business, don’t worry – many business owners reach a point where they need help to move their company forward. That’s where an online business consultant comes in. Whether you’re looking to give sales a jump-start, expand your customer base, or simply get unstuck, a business consultant can create […]
If you’re like most small business owners, you probably feel like you’re constantly wearing a million different hats. You’ve got to be the accountant, the marketer, the salesperson, the customer service representative, and on and on! Sometimes, it might feel like you’re wearing a hat that doesn’t fit quite right. That’s where a small business advisor comes […]
If you have resolved to make your company more valuable in 2022, you may want to think hard about how your customers pay. If you have a transaction business model where customers pay once for what they buy, expect your company’s value to be a single-digit multiple of your Earnings Before Interest Taxes, Depreciation and […]
Doctors in the developing world measure their progress not by the aggregate number of children who die in childbirth, but by the infant mortality rate – a ratio of the number of births to deaths. Similarly, baseball’s leadoff batters measure their “on-base percentage” – the number of times they get on base – as a […]
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