Slice of the Pie

4 Reasons Why It’s Better to Own a Big Chunk of a Small Company

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Is it better to own a big chunk of a small business or a minority stake in a big company?  It’s one of the fundamental questions all owners must wrestle with. Owning a relatively small slice of a big pie has worked out well for both…
New Year Resolutions

10 Resolutions That Will Boost the Value of Your Company

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Finally, 2020 is in the books.   Good riddance.  If your goal is to build a more valuable company in 2021, here are some New Year’s resolutions to consider: Stop chasing revenue. A bigger company is not necessarily…
Break Fix

The Simplest Form Of Recurring Revenue Virtually Every Business Can Adopt

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Recurring revenue makes your company more predictable, extends the lifetime value of a customer and ultimately makes your business more valuable. If you’re unsure how to create these automatic sales, a simple service contract can be the place…
Crisis

3 Ways To Re-Invent Yourself In a Crisis

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Veterans refer to “the fog of war” to describe how difficult decision making can be when you’re on the battlefield with imperfect information. Sometimes the obvious answer in retrospect is not so apparent when you’re in the throes…
Flexible Woman

The Start-Up Paradox

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As we enter a new decade, it’s fun to look back on the companies that have stood the test of time. Despite a few well-financed chicken-focused start-ups, mounting pressure to reduce our dependence on meat, and our growing addiction to fancy…
Write it Down

The Most Critical Factor in Achieving Your Goals May Surprise You

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As we roll into the fourth quarter of the year, you may be starting to consider your business goals for next year. Given how 2020 has gone, maybe your primary ambition is to survive in 2021. Perhaps you’re going to create a recurring revenue…
Child Freedom

Raising Your Business Like a Child

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Why did you decide to become an entrepreneur? If you’re like most owners, you aspire to have the freedom that comes from owning your own business:  The freedom to decide how you spend your timeThe freedom to choose whom to work…
Danger Zone

How To Inoculate Your Business From The Dangers Ahead

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A new decade always comes with a slew of predictions that can be scary. Will a new superbug take hold? Will the stock market crash? Will the economy tank? These are all excellent questions, but without a crystal ball, you can feel helpless.…
Spin Class

How to Create a Recurring Revenue Model That Appeals to Customers

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Have you struggled to identify a recurring revenue model that will work in your business?  If so, you’re not alone.  Most owners understand the benefits of recurring revenue, such as predictable cash flow and an increase in…
Productize your Service

8 Steps For Turning A Service Into A Product

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Does your business offer a service or a product that you differentiate through a higher level of service?  If so, you're probably disproportionately impacted by the economic disruption caused by the coronavirus pandemic. Consumers are…