Suppose you find yourself in a position where your customers always insist on speaking with you directly instead of your employees. In that case, consider shifting your structure to improve your business’s value. Here’s why: a business that can thrive without the owner at the center of all its operations is more valuable because processes can […]
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How do you know the right time to sell your company? One answer to this age-old question is that the time to sell is when someone else is willing to invest more in your business than you are. When you start a business, nobody is willing to invest in its success more than you. You’ve already […]
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Recurring revenue makes your company more predictable, extends the lifetime value of a customer, and ultimately makes your business more valuable. If you’re unsure how to create these automatic sales, a simple service contract can be the place to start. A service contract is an agreement to provide an ongoing service level in return for a […]
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As we roll into next year, you may be starting to consider your business goals. Given how 2020 has gone, maybe your primary ambition is to survive in 2021. Perhaps you’re going to create a recurring revenue stream or finally hire that general manager. Or perhaps you’ve decided to start preparing for an exit. Whatever your goals […]
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The uncertainty of 2020 has given you a look at yourself and your team operating in crisis. If you were to draw a picture that visually represents your role in your business, where are you? Owners put themselves at the top, but many owners are stuck in the middle. Think about a bicycle, are you steering […]
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What do you get with an outsourced (fractional CFO)? The services typically provided are:Analysis of your financial positionCash flow forecastingA better view of the financial impact on decisionsThose results are difficult to quantify until you have gained confidence in that resource – just because someone has been a CFO doesn’t mean that person is the […]
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Your business does not have full-time IT support or full-time financial support. The right part-time CFO can help with IT risk management and your finances. What do you get with a part-time (fractional CFO)? The services typically provided are:Improved financial reportingMitigate cash flow challengesBetter quantify the impact of decisionsThose results are difficult to quantify until you […]
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If you are ready to move on from your business, it may not be a clean-cut as you hope. An outsourced CFO and business advisor can help you work through your options. When was the last time you calculated the percentage of your net worth tied to your company’s value? When you started your business, […]
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EBITDA Calculator — What is EBITDA & How Do You Calculate It? Use this online EBITDA calulator, with the EBITDA formula built right to easily find out where your business stands. Thinking About Selling Your Business? Watch this Video First! Get Your PREScore Now! Ready for a consultation? Have a question? Let’s Talk!
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What is a Fractional CFO? Why It Makes Financial Sense to Hire a Temporary CFO to Work Along Side You Finding the gaps in your business can help raise its value. Fractional Executive, Fractional Business Leader, Fractional CFO, Fractional COO, Fractional CEO, Fractional Consultant… And then there’s all the “outsourced executives” — outsourced CFO, outsourced […]
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