Why Your Business is Losing Value as it Grows

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You’re running a successful business, adding customers and sales like there’s no tomorrow. You’ve got capacity to take on more, and things are really humming. Soon you’ll be able to sell this company and move on to your next venture with the big money you’ll garner from the sale. But it won’t be as much

Do You Treat Your Business Like Your Piggy Bank?

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  When you sign a big new deal or have a kick-ass month, do you write yourself an extra check out of the business? Some owners do – but should you? When I begin work with a new client, I make it a point to ask if they have an exit plan. That may seem

Do You Need an Electrician or a Landscaper?

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  There’s an easy answer to that question, actually. It’s a matter of looking at your projects and finding the trained professional who is qualified to do the work. Re-wiring an old house? Choose the electrician. Determining what to do about the slope in the backyard? Choose the landscaper. But when it comes to the

Being Alone = Being at Risk

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As you grow your business, it’s important that you pay attention to who’s running the show. That doesn’t just apply to management – I’m talking about everyone you bring in to help your company thrive. That means vendors, employees, financial experts, and even coaches. Here are a few important things to consider as you think

Who Likes Surprises?

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We all like to be surprised – fun birthday celebrations, running into an old friend you haven’t seen in years, winning the lottery on a scratch off. These events evoke feelings of happiness or fond memories. But what about surprises in your business? You know the ones I’m talking about. Someone calls in sick on

Assess Before You Outsource

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In past articles I’ve talked about how your company can benefit from outsourcing some functions and/or projects. But what about the reasons you might choose to outsource in the first place? If it isn’t broke, why fix it? Well, chances are pretty good that your company doesn’t have a full staff of functional experts in-house

Let a Fractional CFO Manage Your Finances

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  Is your business muddling through the year without a plan? Are you frustrated by unpleasant surprises that cost your company money? Do you even know if you’re measuring what matters? If these questions are familiar to you, you’re not alone. Many business owners are too embarrassed to admit that they suffer from one or

The Outsourcing Solution

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Are you working 15-hour days and still not making money? It’s a common scene for founders and entrepreneurs: long days at the office and another month with a negative bottom line. This really wasn’t what you had in mind when you started out on this journey. So, what gives? A closer look at the financials

Who Wants A Bigger Bottom Line?

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Have you seen the commercial with the two guys in the gym doing bicep curls and one bro bulks up with every rep? How about the cowboy with the ever-increasing belt buckle? The message is, “Switch to our service and you’ll get more.” How about getting more for your business? I’m not talking about changing

Who’s Minding the Shop?

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Who is driving the profitability at your firm? That’s a great question because I’ll bet a lot of owners have no idea. Not who’s driving sales, not who’s driving your technology or your ideas or your services. Who’s driving the profitability? With the exception of non-profits, companies are in the business of making a profit