Category: Business Best Practices

What Are The KPI’s For Your Business?

KPI's

All businesses need KPI’s, or key performance indicators, by which they can measure the performance of their business over time. Performance indicators should be structured in the context of the organization’s overall mission and direction and should be part of the strategic management process that connects short-term and long-term goals to specific business objectives. Emphasis should be placed on… Read more »

The Exit Strategy Handbook

This is the book every business owner should have readily available. If you re a business owner, the truth is that at some point you will exit the business. Don t take that step lightly. Being prepared is key.  Written by Jerry L. Mills, the founder of B2B CFO, this book takes you through a step-by-step… Read more »

Building A Business You Can Sell: Part III

Piggy Bank On Top Of Money

Let’s continue with our blog series on the topic of “building a business you can sell”.  Last time, we discussed ‘recurring revenue streams’.  In this blog post, we will talk about Consistent Profitability.  In addition to recurring revenue streams, buyers will value profitability. Buyers will value the bottom line. Profit is always a good business… Read more »

Building A Business You Can Sell: Part III

Let’s continue with our blog series on the topic of “building a business you can sell”.  Last time, we discussed ‘recurring revenue streams’.  In this blog post, we will talk about Consistent Profitability.  In addition to recurring revenue streams, buyers will value profitability. Buyers will value the bottom line. Profit is always a good business… Read more »

Building A Business You Can Sell: Part II

Continuing with our blog series on “building a business you can sell”, let me discuss some of the things that buyer’s look for when considering an acquisition.  Let’s begin with discussing a key feature that a buyer will look for – Recurring Revenue. Recurring Revenue:  Recurring revenue is that part of a company’s revenue that… Read more »