Longtime CFO and finance executive Gary Aldridge has designed a simple to use tool that helps business owners estimate the value of their business. It is a tool that can be particularly important for business owners working on exit planning or a strategy to increase business value.
Increasing revenue is at the top of the to-do list for most business owners. But building relationships is just as important.
Not having a plan or the necessary resources to help you reach your goals is like a running back trying to run through the defense without any blockers. You might make it, but wouldn’t you be more successful with the right team around you?
LeveragingYOU! is about more than numbers. It is about LeveragingYOU! both in business and personally.
Let’s talk about things business owners should be doing to optimize their business value no matter what is happening in the world around them.
The key to maintaining your business value during this time is figuring out what is the natural pivot for your business.
As so many people have changed the way they work during the COVID-19 pandemic — a change that may be permanent — how has this shifted the thoughts on culture in the workplace?
Now, more than ever, you need to rethink your business. If you continue to do business as usual, you will likely suffer. Stop. Step back. Rethink everything.
When working with business to measure and grow value, I acknowledge optimizing marketing expenses is a major step in increasing business value.
Your largest asset is not even listed on your balance sheet. Your largest asset is people especially in an environment today when unemployment is so low. Human resource management breaks down into three areas: hire, train, and retain quality people.