dallas fire rescue

Why Fire Trucks Always Back In

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Have you ever noticed that fire trucks always back into the fire hall?                                                                                                                                      …
woman wondering

8 Ways to Know if You Have a Job or Own a Business

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The ultimate test of your business can be found in a simple question: would someone want to buy your company? Whether you want to sell next year or a decade from now, you must be building an asset someone would buy – otherwise, you have…
smart woman

Thinking Vs. Doing: The Owner’s Dilemma

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There’s a steady breeze from the northwest, which cools the warm Caribbean afternoon. Framed between a palm tree and the turquoise water, you notice a man reading. He appears to be working, which seems strange given his appearance: shaggy…
January

Will your business be more valuable this time next year?

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For many, January is a time of rebirth and resolutions. It’s a month to reflect on last year’s achievements and to set goals for the year ahead. Some people will set personal goals like losing weight or quitting a nasty habit, and most…
mountain cordoroy

6 Little Things That Make a Big Difference to the Value of Your Company

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With respect to the Olympic Games, it is interesting to reflect back on some of the big events of the 2010 Olympic Games in Vancouver. In the Men’s Downhill race at Whistler, for example, the winning time of 1:54:31 was posted by Didier…
Lightbulb in hands

Growth vs. Value: Not All Revenue is Created Equal

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When you look ahead to next year, will your growth come from selling more to your existing customers or finding new customers for your existing products and services? The answer may have a profound impact on the value of your business. Take…
amazon

Do you have a Billion Dollar Business Hiding Inside Your Company?

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Asking customers to pay to join a special group of your best patrons can increase your revenue, encourage customers to buy new products and services from you, and provide a healthy boost to your cash flow. Just ask Jeff Bezos, the founder of…
Beachboardwalk

Justification for Your Next Vacation

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A recent survey by The Value Builder Score found companies that would perform well without their owner for a period of three months are 50 percent more likely to get an offer to be acquired when compared to more owner-dependent businesses. There…
Trapped

Have you fallen into The Mile Wide Trap?

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If your company’s revenue has stalled after a period of rapid growth, you may have fallen into The Mile Wide Trap. Consider the case of Kim (not her real name) who runs a public relations firm. Kim studied marketing at school and went…
middle of the road

The Curator: How to Thrive as a Middleman (or woman)

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Being a middleman (or woman) has become risky business.  When was the last time you used a travel agent? Agencies have largely become irrelevant given the rise of online travel booking companies. How about a record/CD store? iTunes…