Success is rarely linear. As a business owner, it’s important to both acknowledge that fact and create plans that can provide short-term results while having long-term impacts. Today, we’ll show you four areas in which strong planning and realistic goals can position you to achieve more success in the coming year. 1. Building strong management teams Strong management teams implement …
Top 3 Reasons You Should Get a Business Valuation in 2022
While many of us check our portfolios regularly and are always aware of what’s in our personal and business accounts, few of us really know exactly how much our business is worth. The truth is, many business owners overvalue their businesses based on rules of thumb, comparisons of what outwardly similar businesses have sold for, or simple gut feeling. Owners …
The Importance of Reviewing Your Performance
As the year winds down, it’s important for business owners to raise their awareness of last year’s performance. Knowing what you did well, along with where you struggled, is crucial to planning for future success. Today, we’ll show you three categories that you can review—strategic performance, tactical performance, and financial performance—and some questions you may want to answer about those …