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Thinking Vs. Doing: The Owner’s Dilemma

Thinking Vs. Doing: The Owner’s Dilemma

The owners of the most valuable businesses have found managers to ensure the trains run on time. As a result, allowing them to spend an increasing amount of their energy thinking about what’s next for their business.

How Much Goodwill Do You Have in Your Business?

How Much Goodwill Do You Have in Your Business?

When it comes to valuing your business, there is nothing subjective about the definition of goodwill. It is defined as the difference between what someone is willing to pay for your company minus the value of your hard assets.

Starting Vs. Growing a Business

Starting Vs. Growing a Business

Just because you have a knack for starting companies, doesn’t necessarily mean that those skills translate well into growing a business. Starting and growing a business require different skills which are rarely found in the same individual.

8 Steps For Turning A Service Into A Product

8 Steps For Turning A Service Into A Product

Service vs Product 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 cutting back on...

Raising Your Business Like a Child

Raising Your Business Like a Child

Instead of thinking of your business as something to push harder and faster, there’s an alternative that may get you closer to what you want. Think of your business as a child. Your role is to guide them into becoming an independent, thriving adult..

The Hidden Goal of the Smartest Business Owners

The Hidden Goal of the Smartest Business Owners

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 that may have an even bigger payoff: building a sellable business.

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