All business problems are financial, either immediately or eventually. I once worked with a business owner who reluctantly brought me in to analyze his problems, even though he did not feel like he had any. In the first few minutes of our initial meeting I told him that rarely had I found a business problem […]
One of the most valuable lessons we can learn in business is the rule of fixing problems where they exist. Too many businesses get themselves into financial trouble by fixing specific problems with general solutions. For example, they may have employees who are producing at a rate that is thirty percent lower than they were […]
Entering 2017, sixty percent of all small businesses in the United States will be owned or controlled by “Baby Boomers”, or people born from 1946 to 1964. The generation behind them, the so called “Generation Xers”, are now in their late 30’s and 40’s and have comfortably settled into their careers. New employees entering the workforce over the past fifteen […]
By Dan Kurth / June 13, 2016 / Uncategorized / 0 Comments The human brain signals us to feel thirsty when our body is dehydrated. It is a mechanism that keeps us from becoming dangerously dehydrated and experiencing serious health problems. Business owners typically do not ask for outside help unless their business is in […]
By Dan Kurth / June 13, 2016 / Uncategorized / 0 Comments A business, like anything of value, is worth what someone is willing to pay for it the day the owner decides to sell it. Small single owner owned, partner owned or family owned businesses have unique value indicators and value drivers that differentiate […]