Every small town had a bank that was locally owned. There used to be single-location hardware and grocery stores. History and trends have a way of predicting the future. Consolidation in any market reshapes the playing field, so for every business owner or investor, predicting where the trends lead … [Read more...] about Market Consolidation: Does AG Follow Auto?
Knowledge & Awareness
When any business sells, rumors spread like a California wildfire. Rumors typically have no basis of fact, yet for many, it's a feeding ground of who's done what. After twenty-five years in my last business, we sold the company and moved to the beach for the record. The rumors we heard about the … [Read more...] about Floyd Jerkins Found Naked Behind Chinese Restaurant
Year-end is a great time to reflect and conduct business planning. 2020 is about over, so if you’re like me you are wondering, now what? Covid19 reshaped how some businesses generate revenue or, in many cases, if they survived or not. If you had a business plan coming into this year, I'd bet you … [Read more...] about Strategic and Tactical Ideas For Business Planning In Uncertain Times
Entrepreneurs often create startups with the plan to sell it when conditions are right. Others have a strategic plan where they operate the business until they retire, and then some have no plan so they are pulled out from behind their desks to be buried. Getting out of a business isn't always about … [Read more...] about Shark or Bait: What Business Am I In?