choose your battles

10 Things That Make Your Business More Valuable Than That of Your Industry Peers

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The value of your company is partly determined by your industry. For example, cloud-based software companies are generally worth a lot more than printing companies these days. However, when we analyze businesses in the same industry, we…
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…
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…
Passion Led us Here

The C-word and 7 Others Your Business Should Avoid

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The majority of businesses in America today started out as service companies. If you want to own a web design firm, you don’t need a lot of money, just a technical knack. Enterprising professionals who know how to get the media’s attention…
Warning sign

Prevention is Better Than Cure

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To grow a valuable business – one you can sell – you need to set up your company so that it is no longer reliant on you. This can be easier said than done, especially when, like a PR consultant or plumber, what you are selling is your…