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In the latest comprehensive analysis from UBIZ Venture Capital, we uncover the profound economic impact of UBIZ Venture Capital’s programs and projects, demonstrating our commitment to not only fostering innovative ventures but also stimulating substantial economic growth and development across various regions.<h3>What is the Economic Impact?</h3>The economic impact is the financial effect that an event, program, project, or policy has on an entity. That entity could be a person, a neighborhood, a city, an industry, or an entire country.There are typically three key types of economic impacts being analyzed when doing an economic impact study. When you review an economic impact definition just about anywhere, you’ll see these terms:  &nbsp; &nbsp;Direct Economic Impacts Direct economic impacts would be the employment and income generated directly by our business advisory services. &nbsp; &nbsp;Indirect Economic Impacts The indirect impacts used for an economic impact analysis would include employment and income generated through secondary sources.  &nbsp; &nbsp; Induced Economic Impacts&nbsp; This refers to the additional economic activity generated as employees who benefit from direct and indirect impacts spend their income in the local economy, creating a ripple effect that supports further job creation and income growth. <figure id="figure-f1s909tivlv4g2lpp"><img id="f1s909tivlv4g2lpp" src="https://cdn.durable.co/blocks/23sA9zhuyP0B2IGDmiEHU9iplbqbltpuvOfyXWOWrKGsEcYm1rIFwPQH34jkDSos.jpg" alt="An infographic titled 'Types of Economic Impact' with three concentric circles representing different levels of economic impact of a project. The innermost circle is blue with the word 'Project' at the center. Encircling it is a yellow band labeled 'Direct Impacts,' illustrated with small green dollar bill icons. The next layer is a grey band labeled 'Indirect Impacts,' followed by the outermost orange band labeled 'Induced Impacts,' also adorned with green dollar bill icons. The image credit at the bottom reads 'Image: AGS, Airiodion.com." title="An infographic titled 'Types of Economic Impact' with three concentric circles representing different levels of economic impact of a project. The innermost circle is blue with the word 'Project' at the center. Encircling it is a yellow band labeled 'Direct Impacts,' illustrated with small green dollar bill icons. The next layer is a grey band labeled 'Indirect Impacts,' followed by the outermost orange band labeled 'Induced Impacts,' also adorned with green dollar bill icons. The image credit at the bottom reads 'Image: AGS, Airiodion.com." class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 1/1; object-position: undefined undefined;" data-corners="default" data-aspect="1:1" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/23sA9zhuyP0B2IGDmiEHU9iplbqbltpuvOfyXWOWrKGsEcYm1rIFwPQH34jkDSos.jpg" data-mce-style="aspect-ratio: 1/1; object-position: undefined undefined;"></figure><h3>UBIZ Venture Capital Economic Impact Process - Elements of the Economic Impact Analysis</h3><figure id="figure-muk1etzu69lv4getgo"><img id="muk1etzu69lv4getgo" src="https://cdn.durable.co/blocks/31EWdxC5Agkenu960GYaJJtQ6jmHbdj23HiOZdafwZ52mGWoYKrX0YAZRhUb7nn2.png" alt="A flowchart illustrating the elements of the economic impact analysis process. It begins with an orange rectangle labeled 'Business Questionnaire,' which leads to a green rectangle for 'Business Assessment.' Below, a blue rectangle indicates 'SWOT Analysis.' These three stages branch out to three separate paths. The first path continues from 'Business Questionnaire' to another orange rectangle stating 'Jobs and Earnings. Save the Company,' which connects to a green rectangle labeled 'Contracts or New Revenue Sources.' The second path advances from 'Business Assessment' to a green rectangle for 'Develop the Operating Plan,' leading to a blue rectangle marked 'Use of Loans and Capital. Leverage the Balance Sheet.' The third path progresses from 'SWOT Analysis' to a purple rectangle stating 'Business and Financial Objectives,' which in turn leads to a purple rectangle titled 'Execute the Plan and Measure Performance.' Each step is connected by lines indicating the flow of the process." title="A flowchart illustrating the elements of the economic impact analysis process. It begins with an orange rectangle labeled 'Business Questionnaire,' which leads to a green rectangle for 'Business Assessment.' Below, a blue rectangle indicates 'SWOT Analysis.' These three stages branch out to three separate paths. The first path continues from 'Business Questionnaire' to another orange rectangle stating 'Jobs and Earnings. Save the Company,' which connects to a green rectangle labeled 'Contracts or New Revenue Sources.' The second path advances from 'Business Assessment' to a green rectangle for 'Develop the Operating Plan,' leading to a blue rectangle marked 'Use of Loans and Capital. Leverage the Balance Sheet.' The third path progresses from 'SWOT Analysis' to a purple rectangle stating 'Business and Financial Objectives,' which in turn leads to a purple rectangle titled 'Execute the Plan and Measure Performance.' Each step is connected by lines indicating the flow of the process." class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/31EWdxC5Agkenu960GYaJJtQ6jmHbdj23HiOZdafwZ52mGWoYKrX0YAZRhUb7nn2.png" data-mce-style="aspect-ratio: 16/9; object-position: center center;"></figure><h3>Conclusion | Guide to Assessing Economic Impacts for a Project</h3>When a project, program, event, or policy is going to have an economic impact on a group, industry, or region, it’s important to do an economic impact analysis to determine the scope of that impact in several areas, including job growth, direct revenue, contracts, profits, expansion, growth through business acquisitions and more.Partial credits are from OCM Solution and partial credits are from PRGS.

Economic Impact of UBIZ Venture Capital's Programs and Projects

If you're contemplating the sale of your business or simply looking to understand the dynamics of an exit strategy, you've arrived at the right place. Selling a business is not just a transaction; it's a pivotal moment that demands meticulous planning and strategic foresight.&nbsp;In this post, we'll delve into the essentials of Business Readiness &amp; Exit Strategy, providing you with a roadmap to navigate this complex process.&nbsp; <figure id="figure-630sqdyytlv4jc9d8"><img id="630sqdyytlv4jc9d8" src="https://cdn.durable.co/blocks/25w64K3NuADVTwO3jDUMIHHug2HEg4swodtBrgDYhoncoigq1pcQh5FDzBhZriUb.png" alt="An informative graphic depicting the interconnected factors important for Business Exit Readiness. At the center is 'Business Exit Readiness' in green, connected to five surrounding components: 'Financial Performance' in orange, 'People and Mgt. Team' in grey, 'Strategic Plan' in yellow, 'Customers and Products' in blue, and 'Business Exit Readiness' in green. Arrows indicate the flow of influence between these elements, suggesting a continuous and dynamic process of preparation for a business sale." title="An informative graphic depicting the interconnected factors important for Business Exit Readiness. At the center is 'Business Exit Readiness' in green, connected to five surrounding components: 'Financial Performance' in orange, 'People and Mgt. Team' in grey, 'Strategic Plan' in yellow, 'Customers and Products' in blue, and 'Business Exit Readiness' in green. Arrows indicate the flow of influence between these elements, suggesting a continuous and dynamic process of preparation for a business sale." class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/25w64K3NuADVTwO3jDUMIHHug2HEg4swodtBrgDYhoncoigq1pcQh5FDzBhZriUb.png" data-mce-style="aspect-ratio: 16/9; object-position: center center;"></figure>From confirming your transaction goals to reviewing your business assumptions and timeline, each step is a building block towards achieving an exit that aligns with your personal and financial aspirations and a seamless and profitable business transition. Here's a snapshot of the crucial factors to keep in mind when preparing for an exit strategy:✅ Set clear transaction goals ✅ Plan your pre-sale life ✅ Accurately determine your business's value ✅ Prepare thorough financial models and statements ✅ Confirm the feasibility of value and price ✅ Assemble a savvy transaction advisory team ✅ Scrutinize your business assumptions and the sale timeline It's important to remember that the journey of a business exit is as unique as your fingerprint. The considerations and steps we've discussed are not just items on a checklist; they're the foundation of a strategy designed to yield the best possible outcome for your life's work. Embrace this process with the understanding that readiness is not an overnight achievement but a deliberate cultivation of your business's strengths, potential, and value.&nbsp;Remember that preparation is the key to a seamless transition. The effort you invest in preparing your business for sale can significantly influence the outcomes you achieve.And now, we invite you to take the next step. If you're ready to delve deeper into crafting a robust exit strategy tailored to your unique business, or if you simply have questions about the process, we encourage you to reach out to us. Our team is here to guide you through every phase of the exit planning process, ensuring that when the time comes, you're fully equipped to turn the page to a new chapter with confidence and success.🔗 Get in Touch: Schedule a consultation to discuss your exit strategy in detail. Phone: &nbsp;858-232-7273 Email: &nbsp;william@parkerrevenuegrowth.comYour business legacy deserves the perfect conclusion. Let's make it happen together.

Navigating Your Exit: A Strategic Guide to Selling Your Business

I am deeply honored to be featured by ACG Cleveland in their Black History Month spotlight. This recognition not only highlights my professional journey and the work we do at Parker Revenue Growth Strategies &amp; UBIZ Venture Capital but also underscores our collective commitment to diversity, equity, and inclusion, ensuring that everyone has the opportunity to advance and have their voices heard. Thank you, ACG Cleveland, for this esteemed acknowledgment.---------------------------ACG Cleveland is excited to introduce you to our Black History spotlight this week: William H. Parker, Founder and Chief Revenue and Restructuring Officer of Parker Revenue Growth Strategies, and Executive in Residence for UBIZ Venture Capital.“DEI means that everyone has the ability to earn a seat at the table, and have the ability to have their voices heard. To me, it also means that I champion the advancement of minorities and women who have been marginalized by systemic placism to participate in the advancement of their career endeavors.”ACG: How long have you been in your current role?William: I have served as the Chief Revenue and Restructuring Officer for Parker Revenue Growth Strategies for over 20 years. We have turned around over 30 companies that has resulted in intelligent exits and or acquisitions of add-on companies for accretive growth.ACG: How has DEI impacted your professional life? Have there been any negative effects?William: When I started my career in the retail business, DEI was called affirmative action, which was/is the practice or policy of favoring individuals belonging to groups regarded as disadvantaged or subject to discrimination. In the retail business, performance is the driver of promotions coupled with additional responsibilities.The negativity of affirmative action was that some people thought I was being promoted because of my race instead of my results. Over time, I was regarded as a superior executive who had a knack for fixing broken billion-dollar companies and restoring them to health. That trait overcame the obstacles of being a Black American.ACG: What do you personally do to better understand the perspectives of colleagues from different backgrounds?William: During my professional career, I have traveled to over 30 countries around the world to source manufacturing capabilities in order to produce the best consumer products for American consumption. The culture of Japan is different than China, Scotland is different from England, and Texans are really different from Californians. That extensive travel enabled me to open my eyes and mind towards the acceptance of other’s diverse and different ways of thinking along with cultural differences. ---------------------------It is with heartfelt gratitude that I receive this honor from ACG Cleveland; it's a beacon of progress in our ongoing journey towards a more inclusive and diverse future in the business world. Thank you for celebrating this legacy during Black History Month and for fostering an environment where diversity thrives and every achievement is shared.

ACG Cleveland Black History Month spotlight

<h3>What is the CRO role?</h3>The most critical component of the strength of a business is revenue growth; without the engine of revenue driving financial performance, a company will lose market share and ultimately gross margin dollars and profits. To that end, since 2013, the Chief Revenue Officer (CRO) has been one of the fastest growth C-Level position in corporate and lower middle market companies.So, what is a Chief Revenue Officer? The Chief Revenue Officer or CRO oversees all teams and processes related to revenue generation within an organization. This executive position ensures that the competitive position of the company are aligned around the strong categories of a company to drive revenue opportunities for long-term sales growth and maximizes profitability.<figure id="figure-3ep9j0tiukll5vt76o"><img id="3ep9j0tiukll5vt76o" src="https://cdn.durable.co/blocks/33Cu3XNp9SILmOvLsvh5nX4DOShI8ZLrozYw9RZlAiPQsr7I5o5WJOaUTN4OOkhu.png" alt="graph outlining the strong, medium &amp; weak strategic revenue options" class="object-cover bg-gray-100 " style="aspect-ratio: 1/1; object-position: center 10%;" data-corners="no-rounded" data-aspect="1:1" data-caption="" data-positionx="undefined" data-positiony="10%" data-mce-src="https://cdn.durable.co/blocks/33Cu3XNp9SILmOvLsvh5nX4DOShI8ZLrozYw9RZlAiPQsr7I5o5WJOaUTN4OOkhu.png" data-mce-style="aspect-ratio: 1/1; object-position: center 10%;"></figure>A CRO, on the other hand, considers sales as just one component of the machine that drives revenue. CROs look at goals 18 months or two years into the future and consider what’s happening in the market and what needs to be done now to reach those long-term objectives. To achieve real success with or without a CRO role, organizations need to shift from being reactive to proactive in the face of current changes and externally environmental market forces.As an experienced CRO, please feel welcome to reach out to me and I can help set your business up to grow your revenue and drive sales.

The Chief Revenue Officer and the Strategic Options to Drive Sales

As a business growth strategist who specializes in turning around distressed companies, I’ve learned to identify the warning signs that indicate when a business is in trouble. These signs can range from declining sales and profitability to cash flow issues and employee turnover. When a company exhibits these symptoms, it’s essential to act quickly to address the underlying issues and implement a turnaround plan.With so many businesses struggling to navigate the complexities of today’s economy, it is more important than ever for companies to have access to the expert guidance and support that we provide.Whether your business is facing financial challenges, struggling to stay ahead of the competition, or simply looking to take your operations to the next level, our team has the expertise and experience to help you succeed.In this article, I’ll be sharing my insights on the key elements of our business turnaround plan; our approach can help you regain your footing and chart a course toward sustained growth.By focusing on the core components of our turnaround plan, we can help businesses overcome a wide range of challenges and achieve success even in the most difficult economic environments. So if you’re ready to take your business to the next level, keep reading to learn more about how we can help you get there.<h2>Signs of a Company in Distress</h2><figure id="figure-9axpzkjopll5vn52y"><img id="9axpzkjopll5vn52y" src="https://cdn.durable.co/blocks/3778G76y3ezwImn5loVFUbdjS6Qn1AOUjrvzggqoDRC3TYu0gTQOfWXWdEc1PxLg.png" alt="4 boxes showing the different areas of the signs of a company in distress. Top left: working capital; top right: financial; bottom left profitability outlook; bottom right: employees" class="object-cover bg-gray-100 " style="aspect-ratio: 1/1; object-position: center center;" data-corners="no-rounded" data-aspect="1:1" data-caption="" data-positionx="undefined" data-positiony="undefined" data-mce-src="https://cdn.durable.co/blocks/3778G76y3ezwImn5loVFUbdjS6Qn1AOUjrvzggqoDRC3TYu0gTQOfWXWdEc1PxLg.png" data-mce-style="aspect-ratio: 1/1; object-position: center center;"></figure><h2>Key Elements of the Turnaround Plan</h2>Develop A Turnaround Story All stakeholders want to know the end game and exit strategy. Must build a communications strategy to lenders, alternative financial institutions and judges.The Team Must have a knowledgeable and experienced restructuring attorney and trusted advisors that add value to the process. Cultivate or replace key employees; someone is responsible for the deteriorating performance of the company.Review the Strategic Options Stabilize finances, deleverage the balance sheet and improve cash flow. Make the financial institution a major partner in the restructuring process.<h2>Business Turnaround and Restructuring Process</h2><figure id="figure-cws2j0mnhbll5vpjr6"><img id="cws2j0mnhbll5vpjr6" src="https://cdn.durable.co/blocks/33bQjblDq8trxODplKTwIHqcHfi5Y3IaogtpVAuq7ocj35iMi67odydBc7EzJk4f.jpg" alt="3 by 3 graph outlining the steps of the business turnaround &amp; restructuring process" class="object-cover bg-gray-100 " style="aspect-ratio: 3/2; object-position: center center;" data-corners="no-rounded" data-aspect="3:2" data-caption="" data-positionx="undefined" data-positiony="undefined" data-mce-src="https://cdn.durable.co/blocks/33bQjblDq8trxODplKTwIHqcHfi5Y3IaogtpVAuq7ocj35iMi67odydBc7EzJk4f.jpg" data-mce-style="aspect-ratio: 3/2; object-position: center center;"></figure>We gain an understanding of how key value drivers are working across all business units in the company. Next, we develop a strengths, weakness, opportunities and threats {SWOT analysis} analysis with management that leads to the operating plan {objectives, strategies, action steps, responsibilities and due dates} that delivers results with a high sense of urgency.PRGS determines how the business owner will manage the ‘Discipline of Execution’ with the operating plan. We select the right operating partners to work inside the company to ensure execution of the plan and deliver results.Parker Revenue Growth Strategies utilizes the services of C-level executives, bankruptcy and restructuring attorneys, special assets departments of financial institutions and other trusted advisors as needed. This permits PRGS to develop a detailed review of business health and a roadmap for value creation with a low cost high impact delivery system.

Key Elements to the Business Turnaround Process

If you are the owner of a company, chances are you have received a regular stream of calls from private equity firms, competitors, strategic buyers and private individuals inquiring if your company is for sale.While this barrage of inquiries may be flattering, it is essential that a business owner take stock of the critical areas of the company to ensure that the business is ‘buttoned up’ or organizationally fit prior to entertaining offers from investors.:<h3>Analyze the Options to Exit</h3><ul><li>Ensure that the company is ‘Organizationally Fit’ for a transaction.</li><li>Prepare the plan and road map a minimum of 18 months in advance.</li><li>Understand the challenges facing the company.</li><li>Develop a strong advisory team {attorney, wealth manager, CPA and an operating executive} and consider transaction insurance so you manage transactional liability.</li><li>Build value creation as you head towards an exit; develop a business sale strategy. Ensure that the chemistry is right when deciding who to sell the company to.</li><li>Develop capital strategies {sell, take some chips off the table, ESOP or earnout} that support your financial planning.</li><li>Develop a business, financial and operating plan detailing the future growth and profitability of the company.</li><li>Succession planning, who will run the company? The details must be clearly stated {will you negotiate with the investor to stay on for a period of time or exit fully upon completion of the sale of the company}?</li><li>You owe It to yourself to determine your future or your wife and or husband will literally ‘throw you out of the house’!!</li></ul>A well planned, realistic strategy to exit the business at a targeted level of valuation or to pass it on to the next generation is indispensable to all emerging growth companies. You have worked long and hard to build your company. Take the time and devote the focus required to exit it successfully. About Parker Revenue Growth Strategies Parker Revenue Growth Strategies is a business management firm that develops revenue growth, turnaround strategies, restructuring of the business to improve operating results and exit planning for lower middle market companies who want to increase business value.Our organizational fitness planning process utilizes the talents of former C-level executes who have successfully run public and or private companies. Their expertise is paramount to a successful exit planning process when considering the sale of your company.Our process helps CEOs make better decisions and execute effectively to meet their objectives. We provide the catalyst to help you and your team get the right things done.Contact Us: William H. Parker Chief Revenue and Restructuring Officer Cell: 858-232-7273

Blog

Economic Impact of UBIZ Venture Capital's Programs and Pr...

Navigating Your Exit: A Strategic Guide to Selling Your B...

ACG Cleveland Black History Month spotlight

The Chief Revenue Officer and the Strategic Options to Dr...

Key Elements to the Business Turnaround Process

How To Prepare Your Business For An Exit Strategy