Marketing Tips that Won’t Break the Bank

Many start-ups have limited marketing budgets. But you can advertise inexpensively, if you apply some creativity. Start by determining you marketing goals – keeping them practical and realistic – then determine which low-cost marketing options will best help you...

Accounts Receivable

Accounts receivable may or may not be part of a sale, for reasons similar to cash, as discussed last week. Where it is left in, it is typically matched up with the payables (i.e., the buyer takes over the receivables, and pays the payables). Specific things to look...

Cash Flow is King!

Most business owners struggle with cash flow. This is especially true with new and with growing businesses. As long as you are growing, cash flow can be a challenge – if you double in sales, you could double in cash requirements. Last year’s profit probably...

Exit Strategies Versus Succession Planning

Like many people, I often get asked “So, what is it you do?” I usually start with a high-level overview, such as “I help people buy, sell, value, and improve their business.” If pressed, I elaborate on each of the areas I listed, because each dimension has its...