Small Business Owners: The Future Might Not Be All That Uncertain
The value of your business is a prime example of a discoverable fact, yet if you are like 98% of the other small businesses in this country, you don’t know the answer.
The value of your business is a prime example of a discoverable fact, yet if you are like 98% of the other small businesses in this country, you don’t know the answer.
CAGR helps assess the historical growth of a business while also serving as a barometer for future potential performance.
Every Monday we publish education on key business metrics you can use to operate and scale your company. This week we cover Customer Concentration. CUSTOMER CONCENTRATION Customer concentration is an indication of the diversity of your company’s revenue and concentration of risk. The goal with any business is to create diversified revenue streams with little …
An increasing number of businesses are adopting a recurring revenue model. Software as a service (SaaS) has become the norm and almost every product category is now available via a subscription box service. For a monthly fee, you can have everything from wine to clothing delivered right to your door. The trend is no surprise …
Why Your Business Should Adopt a Recurring Revenue Model Read More »
Whether you have just started your business or are in a phase of rapid growth, a financial forecast will help guide your daily decisions so you can accomplish your business goals.
Creditors, investors and buyers all have one thing in common. They determine whether or not to lend, invest or purchase based on their opinion of the real and perceived risks within your business.
Cash flow is the lifeblood of any business. Simply put, a business cannot survive long without positive cash flow.
Taking an extended vacation of two weeks or more on a regular basis can actually improve the value of your business.
Customer concentration is a common business challenge and one that affects your ability to sell or create value within your company.
While growing your top line is an attractive trait when it comes time to sell, there are other ways to have a far greater impact on your overall value.