How to Avoid a Bear Trap
Do your clients pay before you’ve completed the project? If not, how long do you typically wait to be paid? Does cash leave faster than it comes in because your business is growing? Do you worry about making payroll? Do you delay kicking off the next project while waiting to be paid for the last one? […]
How to Make Everything Come Up Roses
This month’s newsletter tells a story about a young woman who moved to a city she loves (which happens to be a mile or so above sea level) and who purchased a flower shop. Only six months after having earned her college degree, this budding entrepreneur learned the ins-and-outs of the new city while delivering flowers […]
Headlines are Nice, but What’s Happening in the Trenches?
If you’ve tuned-in to any form of business media, chances are that the report or article was about Amazon, Google, Apple, or some other huge company. More than likely, too, all the “investment bankers” who were interviewed or were discussing all the exciting aspects of these deals were identified with names like Goldman Sachs, JP […]
What’s a Fancy Name for Someone Who Holds Your Money?
Colorado’s real estate market has treated property owners well during the last decade, and many people are considering harvesting significant increases in value. One unfortunate drawback of selling investment and business real estate is that you’ll have to pay your partner – Uncle Sam – a hefty portion of any gain. Even if a property […]
What Would a Willing Buyer Offer? Would You Accept?
For most purposes, the value of your business is measured by what a willing buyer with sufficient information would offer and what you, with sufficient information, would accept. Trouble is, unless you’re actively selling your business, there aren’t many willing buyers with sufficient information hanging around at the times when you might want to ask […]