Monthly Archives: July 2014

Do You Have an Employee Manual?

Vintage Textbook Instructions Picture

In prepping your business for a prospective buyer, you should include an inventory of all your business systems as part of your exit strategy. One system I’d like to highlight today is the employee manual. It’s surprising to me that so many companies lack this necessary document. Employee manuals should include information on all the benefits of the company such as vacation, sick leave, Family and Medical Leave Act benefits, jury duty, military leave, leave of absence, health insurance, retirement plan benefits, workers compensation, disability or life insurance benefits, etc.…

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Posted in Business Best Practices, Exit Strategies

Testomonial – Whitestone Feeds

Small B2B CFO Logo

Doug’s vast knowledge and experience in banking and business was extremely helpful to our company. Doug was able to compare the major profitability factors of our business to other companies. This helped us make positive changes in expense, margin and profitability. I would highly recommend Doug to evaluate and help make positive profitable changes to any business.  …

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Increasing the Value of Your Business

Whether you’re selling your company or not, every owner wants to increase the value of their business. In this short video, I talk about how to build your business with the end in mind. If you’re considering the sale of your business but don’t know where to begin, contact me for a free Discovery Analysis.…

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Posted in Business Best Practices, Exit Strategies

Viewing Your Future Buyer as a Customer

Aurora In The Sky

The future buyer of your business should be viewed as a customer.

As the owner of your business, you’ve become an expert at finding the needs of your customers. You spend significant time and resources to define the customer’s needs in order to fulfill them. You are most likely to have a tremendous amount of competitive drive to not only be the first or best at meeting your customer’s needs but also to be better than your competition.…

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Posted in Business Best Practices, Exit Strategies

A Seller’s Market

People In The Stock Market

One of the first concerns business owners have after deciding to sell a business is whether or not they’ll get top value for it. Obtaining top value depends on your ability to sell your business under the best possible circumstances. In this short video, I discuss three ways to create a seller’s market for your business.…

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Posted in Business Best Practices
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