Providing business strategies for survival and beyond...
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
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.
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
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.
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.
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.
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
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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