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...
“The phrase ‘standing on the shoulders of giants’ is a metaphor which means ‘using the understanding gained by major thinkers who have gone before in order to make intellectual progress’”. “It is a metaphor of dwarfs standing on the shoulders of giants and expresses the meaning of ‘discovering truth by building on previous discoveries’. This...
During conversations with trusted advisors and prospective clients, referral partners will ask if a single shingle consultant is a ‘one man shop’? Most reply, “I am an individual business advisor with a wide and deep bench of trusted advisors who have functionality experience needed to support the needs of a privately owned company.” Utilizing...
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...
The coronavirus pandemic has laid bare the fragility of the retail business sector in so many ways. Shutting a retail store to all customer traffic decimates the income statement, cash flow and financial health of the retail company. These factors will ultimately lead to the way the customer shops since they have been on ‘stay...
