A well thought through exit strategy doesn’t just help you sell your business when you want to; it also gives you a roadmap for building value. Learn the steps to create a long-term value plan for a profitable exit.
Most businesses understand the importance of business succession planning. But many fail to realize the role that digital marketing plays in the business succession planning process.
An advisory board can be an important option for small businesses looking to grow and stay competitive. Whether you’re struggling with growth, navigating tough decisions, or just want a sounding board for new ideas, an advisory board can provide valuable guidance without the formal commitment of a board of directors.
Small businesses regularly face many challenges. You know you need to market your business to become or remain visible to your target audience. But like most small businesses, there are more pressing priorities of operating a business that demand your attention.
If you’re a small business owner, you’ve likely considered offering your employees a retirement plan. Find out what you need to know to choose the right retirement plan for your small business.
If you’ve set up 401k plans for your employees, or are thinking of doing so, it’s vitally essential that you understand the many facets of your fiduciary responsibility to your employees regarding their 401k plans.
Unlike employees who may have employer-sponsored retirement plans, self-employed individuals need to take proactive steps to create their own retirement nest egg. What retirement plan option will work best for you?
Small businesses should invest in content marketing. When you create and publish content that has value, you stand out from your competition.
If you own a small business, it’s important to make preparations to sell the business sooner rather than later. A small business exit strategy helps you get the maximum value for your business and prevents mistakes that can devalue the business.
All small businesses will benefit from having a simple marketing plan. It maps out your overall strategy to reach your ideal client and win new customers. Take the time to create this guide to keep you on track.
If you think that one day you may want to sell your business, learn some of the things you should do to maximize the value of your business so it will be attractive to a buyer.
Even if you have no plans to retire, succession planning is needed in the event something happens to you – death, serious illness or disability.
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