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?
Competition drives our economy. COVID19 forces the hand of many businesses to be profitable while accelerating the decline of those that can't make it in the new market place. And for others, it is a window of opportunity to expand and acquire those that can't cut it or are just tired and ready to … [Read more...] about That Crazy Competitor Down the Street
One of the nice things about having a business where you work with clients for years vs hours is that you develop friendships and a business relationship. Since I sold my last company in 2015, I can't say I miss all my old clients, but there were many of them that I respected and learned from … [Read more...] about Is There Life After Owning a Business?