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BUSINESS STRATEGIES

Providing business strategies for survival and beyond...

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Developing a road map to success is not a thing you can afford to put off.  No one said business planning is easy, but it is really a wonderful feeling knowing where you are going and how you are going to get there.

   Our advice...take action now.


Do you have a business plan?  What is your vision for your company.  What will your business look like 5 or 10 years from now?   What is your strategy for making your vision a reality?  What  are the action steps necessary to achieve the success you desire?  What will be the measurements required to test the your success? How do you track your success? These are but a few of the critical questions you need to ask yourself. 

  • ARE YOU MAXIMIZING CASH FLOW?

Managing cash flow is more important today than ever before.   Current assets such as cash and equivalent on hand and in banks, accounts receivable, and inventory is your operating capital.  Maximizing the use of excess cash and lines of credit, decreasing collection days, managing accounts payable days, and managing inventory turn rates are keys to managing cash flow.  Did you know that by increasing your inventory turn rate just one more time you could increase your bottom line as much as 25%?

  • IS YOUR BUSINESS 21st CENTURY OPTIMIZED

Starting a business in the 21st century may be a bit more challenging  than in past years. It is vitally important that you have all the facts available that a good business plan will provide.  The actual process of planning your business―the process of putting all your ideas, dreams and visions on paper, will make you think deeper and help you optimize your business for the 21st Century.  Thorough business planning will provide the road map necessary to reach your goals.   A man who  fails to plan is planning to fail. 

  • INTERESTED IN SELLING YOUR BUSINESS?

Proper preparation should include a current business plan that describes the business, its owners, current trends, and opportunities, past financial results, Performa income statements, balance sheets and cash flow projections for at least three years.  This information should be based on current and future trends.  This information will give a potential buyer a realistic picture of the business.  While current assets are important, buyers are more interested in cash flow and a qualified management team.

We can help you prepare your business for maximum value. In addition, we can help you sell your business when you are ready to hang it up.  

  • INTERESTED IN BUYING A BUSINESS?

Business analysis should be of major importance when selecting a possible business acquisition.  Making sure the asking price is realistic and that financial data is accurate and not enhanced is vitally important.  Just as important is knowing the business potential within the market served.  Who are the customers, current trends, demographics and what is recast cash flow? Will the business have the ability to meet current and long term obligations, while providing sufficient owner income.  What is the businesses current reputation in the market area served?    We can help you locate the business you are looking for.

  • WEB SITE OPTIMIZED

How you conduct business in the 21st Century is different.  Make sure your web site is up-to-date and optimized for maximum results for PC, laptops, tablets, and smart phones. Your competition is already developing and optimizing their sites.  Growth in Internet sales is approaching three trillion in annual revenue.  Don't let your competition take your customers away. 

Can your customers find your site?  Get smart consider optimizing your site for mobile and smart phone technology.  More and more shoppers are looking for businesses, products and services on their mobile phone and readers.  Are you missing out? 

 

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