employees

The Downside of Being Upfront with Employees

,
One of the core principles of creating a more valuable business is ensuring it can run without you by getting managers to think like owners. The theory goes that empowered employees are the best positioned to solve your company’s thorniest…
alarm system

Subscribers Make Your Company More Valuable

, ,
Why are Amazon, Apple and many of the most promising Silicon Valley start-ups leveraging a subscription business model? Subscribers not only provide steady revenue; they make your company more valuable in the eyes of an acquirer. In a traditional…
Construction

How to Increase the Value of Your Business by 71%

,
How much did your home increase in value last year?  Depending on where you live, it may have gone up by 5 - 10% or more. How much did your stock portfolio increase over the last 12 months? By way of a benchmark, The Dow Jones Industrial…
lego

You-proofing Your Business

,
Making your business less dependent on you has a number of benefits: you can scale your company more quickly if you’re not acting as a bottleneck; you get more time to enjoy life outside of your business; and a business less dependent on…
mount fuji

How To Scale Up Your Service Business

,
Increase the value of your company by training others in your area of expertise. It can be tough to grow a service business. Clients are typically buying your expertise, and if all you have to sell is time, the size of your business…
treasure chest

The Hidden Goal of the Smartest Business Owners

,
What are your business goals for the year? If you’re like most owners, you have a profit goal you want to hit. You may also have a top line revenue number that’s important to you. While those goals are important, there is another objective…
hidden

One Hidden Thing That Drives Your Company’s Value

,
You already know that your company’s revenue and profits play a big role in how much your business is worth. Do you also know the role cash flow plays in your valuation? Cash vs. Profits Cash flow is different than profits in that…
choose your battles

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

, ,
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…
roller coaster

Six Ways to Profit from Your Vacation this Summer

,
Summer is here, and although it may seem strange, now may be the perfect time to increase the value of your company. The most valuable businesses are the ones that can survive without their owner. A buyer will pay a premium for a company…
Lightbulb in hands

Growth vs. Value: Not All Revenue is Created Equal

,
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…