I am often struck by the statement of business owner and CEOs, that they want to take their business to the next level. I ask them, “What does take your business to the next level” really mean? Does it mean growing revenue and improving profits? Improving the financial key performance indicators? Upgrading mid-level and senior...
I attend a lot of networking meetings, social events, cocktail parties and one on one meetings with various trusted advisors and business people. In order to be more effective during those sessions, I ask questions about the brand message, brand story and brand promise of the advisor. The trusted advisor’s brand message should begin with...
Parker Revenue Growth Strategies – Who We Are Parker Revenue Growth Strategies (PRGS) is a revenue growth and business turnaround management firm that dramatically improves operating systems and results for mid-size companies, non-profits and private equity portfolio businesses. The company provides business assessments to prepare privately owned companies for an exit strategy for maximum return...
When I am going through the organizational fitness business assessment process with business owners, one of questions that I ask is, “What is the value of the business”? Often times, I hear, “I”m not sure, or its worth millions more than the balance sheet indicates”. An entrepreneur must be committed to building a company with...
It is inevitable that a small to medium size business will falter in the execution of its business strategy at some point during the lifetime of the business which will have an impact on employees, customers, and other stakeholders, and may necessitate the need for business restructuring and turnarounds. Therefore, when that time arrives, it...
The “Great Recession” began in December of 2009 and officially ended in late 2015. There were few businesses that were not hard hit or left unscathed from the financial meltdown that destroyed thousands of small businesses and brought a number of Fortune 500 companies to the brink of insolvency. Ten years later, most of us...
Yogi Berra, the famous catcher for the World Champion New Yankees once said, “If you don’t know where you are going, any road will take you there”!!! It’s 2019 and it is vital that business owners develop a financial plan and budget that outlines the goals and objectives of the business; in other words, a...
During a business turnaround, the first thought is to dive into the financial condition of the business and immediately develop methodologies that improve cash flow and reduces expenses. I submit that a deep dive into the fitness of the organization will reveal deep fissures in how the company is being managed; then study the leadership...
I am often struck by the statement of business owners and CEOs, that they want to take their business to the next level. I ask them what does “taking your business to the next level” really mean? Does it mean growing revenue and improving profits? Improving the financial key performance indicators? Upgrading mid-level and senior...
A little background: Bill transitioned from corporate executive to entrepreneur and founded Tara Jayde Capital Partners in 2005 to provide business turnaround and revenue growth strategies to lower middle market companies that required a new direction to create value in the business. The consumer products manufacturing companies that TJCP and its private equity partners sought...
