The good folks at the Northwest Arkansas Business Journal published my latest guest commentary this week [subscription required]. It was part of the “Northwest Arkansas’ Largest Private Companies” issue. Here is the article in its entirety. Enjoy! I’m a sucker for a good list, and the annual round up of Arkansas’ Largest Private Companies is [...]
Category Archives: Building Value
8 Ways to Tell if Your Business is Really a Job
The ultimate test of your business can be found in a simple question: would someone want to buy your company? Whether you want to sell next year or a decade from now, you must be building an asset someone would buy – otherwise you have a job, not a business. Here are eight ways to [...]
3 Ways Your Brand Affects the Value of Your Small Business
One of the things I loved most about my coffee business was its brand. Right out of the gate it summed up everything Chris and I wanted the business to be about. It was energetic, playful and unique. Caffinity was even fun to say, although the brand was about much more than a name. It [...]
Monthly Motivation for Selling Your Business 04.14
Following is a short recap of some of the best articles I’ve read recently on selling your business, buying a business, business value, as well as other useful nuggets of small-business wisdom. [Plus a photo from my travels around Main Street USA.] Part of the formula for selling a small business is YOU If you read [...]
5 “Strategic” Ways to Sell Your Business
Looking back on the path of business experience that brought me to where I am today, I always smile when I think about the two-year whirlwind I spent working for a venture-backed Internet startup in my hometown of Seattle. With my freshly-minted MBA in hand, I decided to ditch the “old economy” and join the [...]
Monthly Motivation for Selling Your Business 03.14
Following is a short recap of some of the best articles I’ve read recently on selling your business, buying a business, business value, as well as other useful nuggets of small-business wisdom. [Plus a photo from my travels around Main Street USA.] Sell Now Or Keep Going? How One Entrepreneur Made Her Decision Good advice from someone [...]
How to Sell Your Business for a Higher Multiple
Every two years we get swept up in Olympics fever at my house, and I tend to get hit the hardest. Snowboard cross, skeleton, curling — I’ll stay up to watch it all. Over the past week or so I’ve also watched several bloggers attempt to make elegant tie-ins between growing an “Olympic” caliber business [...]
3 Reasons to Build a Sellable Business Today, Even if You Don’t Plan to Sell
I was given the opportunity to contribute a Guest Commentary to this week’s edition of the Northwest Arkansas Business Journal. Following is the original version of my article addressing one of my favorite topics: managing your small-business as if it could be sold at any moment. If you were born after 1964, you’ve probably gotten [...]
How to Build the Value of Your Business in 2014
The books are closed on 2013 and we’re already halfway through January. In addition to setting some of my own goals (alright, “resolutions”) for the coming year, I’ve read dozens of blog posts on the topic, including this one on why you should commit your goals to writing, this one on why we get sidetracked [...]
3 Ways to Avoid Disappointment When Selling Your Business
A New York Times blogger writes about the sale of a business that ended in disaster. Despite all of the details provided, it’s hard to know exactly what went wrong and why. Regardless, it’s a great opportunity to try and learn from someone else’s experience and avoid repeating these three mistakes.