Exit Strategy: Do You Have a Roadmap to Success?

There are many business owners today that are approaching the final phase of running their business where they have to consider how they are going to exit (leave the company) and on what terms. While there are many scenarios that can be played out there are at least three key questions that come into play: […]

Should Your Business Produce a Profit?

There continues to be an ongoing argument regarding the profit motive of capitalism. Those against profit argue that owners, significant company executives and shareholders are motivated by greed at the expense of employees in order to line the pockets of a few.  Is this true, an exaggeration or an attempt by special interests (idealogs), to […]

Is Your Business Safe? 4 Steps to Secure Your Business Data

I was recently in a meeting of business owners and the person sitting next to me admitted that his business had been severely affected by a loss of data, which took months to rebuild. What had happened? Burglars had removed all electronic equipment from his office including the server that backed up all of his […]

Starting a Business?

I was recently contacted to advise someone who wanted to develop a business plan for a new business.  The individual was very confident in their qualifications to successfully organize and start this business.  I decided to meet with them to determine if there was the right chemistry for this to be a successful engagement. In […]

Normalizing Bias in ROI Analysis

The decision to make a capital investment in a business should be subjected to an ROI(Return On Investment) Analysis where the cost and benefit of the investment are analyzed. The objective of the analysis is to see how fast the cost of the investment will return value and recover the investment in a reasonable time […]