The Foundational Question: Culture or Goals? Why One Must Precede the Other Scaling your business requires knowing where to focus energy. The critical question is: What comes first—ambitious team goals, or establishing the business culture? The powerful answer is this: Culture must come first. Goals provide direction, but a solid culture dictates alignment, resilience, and […]
Book Value of a Business What is the book value of a business? You’ve probably heard the common rule of thumb: a business is worth roughly 3 times its EBITADA (Earnings Before Interest, Taxes, Appreciation, Depreciation, and Amortization). While this provides a quick snapshot (blue book value), it often leaves significant value (or detriments to […]
A small business lender needs to assess the risk of lending money. Here are the primary questions they’ll want answered before approving a small business loan. The answers to these are all in the business value plan for the lender. However, Growth Concepts looks deeper into these questions for a sustainable future value initiative ( […]
Why a Business Value Move Is Better Than a Typical Advertising Move In today’s competitive market, businesses are constantly looking for ways to improve their bottom line. While advertising can be an effective way to reach new customers, it is not always the most efficient or sustainable way to grow a business for more equity […]
Practical Steps for Employers (we use) to Attract and Retain Talent with Disabilities We are Attracting Executives with Disabilities by creating a workplace that attracts and retains talent with disabilities is not merely a compliance requirement but a forward-thinking business strategy that can enhance innovation and employee performance. The recent outline of practical steps for […]
This page is under construction. A Small Business Owner gives, gives, and gives. So, how does the Owner get the most sweat equity from her or his business? So, they could show a loan officer or potential buyer their value? Third party risk management with a business value plan is the answer. This document gets […]
Are you having phenomenal sales? OK… Is your company valuable? Did you know you could have profitable sales and little or no business value? There are other critical factors besides sales volume during a valuation of a business. What are they? Let us give you a true life experience to show this point: While Mr. […]
5 Business Value Myths The value of your business is what you think it is. Employees are going to stay in the business you sell or buy. A Franchise is a better buy than an established business or E-Distributorship. Someone will tell you the “true” value of your business. You will know why they are […]
What is the Ideal Business Organization? A business owner (s) cannot sell their business while in it-right? Like the selling of a car or home. The owner does not go with it. Wait!!! Did you know the more the buyer perceives the seller to be free from the business the higher it could be priced. […]
Is your business life cycle coming to an end? Just like a home or a car, every business has a selling lifecycle. Did you know that, on average, a good business changes hands every 3 to 5 years? The Inevitable Question: The question isn’t if your business will sell, but when. And, more importantly, will […]