Business owners often struggle to know the value of their business. After all, what is this thing they have spent so much time building over the years really worth? One of the things that makes this difficult is understanding the value of the assets your business owns, but another is the simple value of your […]
The most important place to start if you are thinking of selling your business is to know its value. Almost without exception, a business owner thinks their business is worth more than it is. Equally, almost without exception, a business buyer thinks the business is worth less than it is. What a seller of a […]
Do you use Key Performance Metrics to run your business? One of the truisms I’ve come to believe wholeheartedly is that no business owner is good at every aspect of owning and operating a business.
To be a little clearer, the skills to own and operate a business are many and varied. What tends to attract a business owner to operate their own business is a self belief that they can do one or two aspects of running a business very well and either hire the skills they lack or learn these with time.