Guiding Entrepreneurs Toward Success
This month’s Vendor Highlight is Wendy Grant, founder of Wenvia. I had a chance to sit down with Wendy and discuss her journey as an entrepreneur who started her business during the plight of the pandemic. Hi Wendy, tell me a bit about your business? Living within the confines of my home during the pandemic …
How to Grow a Company While Balancing Family and a 9-5: Vendor Highlight Wendy GrantRead More
Written by Jack McCollum of Synergy Employer Consulting Services A professional employer organization (PEO) is often considered a cost-effective alternative to hiring a large HR department. According to Wikipedia, a PEO is defined as: “A professional employer organization (PEO) is an outsourcing firm that provides services to small and medium-sized businesses (SMBs). Typically, the PEO offering may include human …
There comes a time for everyone to move on from the business they’ve created– some happier reasons than others. But even if you’re just starting, having an exit strategy for your business will help prime you for success, rather than leaving value on the table when the time comes. This guide will walk you through …
Exit Strategies for Small Business Owners: A Summary GuideRead More
Why does nobody want to buy my business? 80% of businesses listed for sale never sell. If you have been counting on the proceeds from the sale of your business to fund your retirement, the burden of not being able to sell can be devastating. A good market strategy for any products or service is …
Buying a business is an opportunity to skip the growing pains of launching a startup. It’s a chance to start with a proven model with customers and cashflow. How can you tell if the prospective business is a genuine investment opportunity or a disguised escape route for a burnt-out owner? The following is a list …
20 Red Flags to Look Out for When Buying a BusinessRead More
How do I sell my business? Such a simple question. Unfortunately there is no simple answer. When it comes to selling a business, one size does not fit all. The answer is a series of additional questions that need to be addressed first: Have you considered what you will do once you are no longer …
What is my business worth? Ultimately, the person writing you a check for your business is the ultimate arbiter of the value of your business. Unfortunately, that is not the time you want to understand what someone is willing to pay for your business and why. Having a realistic understanding of the value of your …
How to Determine What Your Business is Worth: A Complete Guide.Read More
Proper financing is the lifeblood of your business, and the financing you choose impacts how you will grow. This blog post describes the four most common ways of financing your business as well as sources and forms of financing.
Major league batting champions work with club-provided and personally hired hitting coaches. PGA tournament winners have swing coaches. These highly trained athletes at the top of their game use coaches. Why? Read this post to find out.
Running a business inherently entails many complexities, any of which can throw your business off course from executing on its plan. As a business owner it is your responsibility to ensure that the business stays on track while being available to assist, guide and develop your employees, service your customers and chart a vision for …
