In sales, there are lots of ways to look for new business opportunities. Asking for referrals has long been considered a viable approach to expanding your outreach, but how do you go about it the right way?In recognition of the fact that asking for referrals is far from straightforward, we explain how to ask for
If you’re planning to sell your small business, it’s imperative to think about who you’re going to sell it to. After all, there are lots of different people who might be interested in investing in your company, so considering your options is important.In this article, we introduce five types of buyers for your small business
Are you an entrepreneur who is constantly looking for a new and exciting project on the horizon? While this isn’t necessarily a bad thing, it is if you find that your productivity is suffering as a result of your impulsiveness.You might, as we explore in this article, be suffering from something called shiny object syndrome,
A search fund is pot of money raised by a group of aspiring entrepreneurs who use the capital to acquire a business. The “aspiring entrepreneurs” usually receive a salary during the search process. Search funds typically acquire companies that are worth between $5 and $30 million. The capital is fronted by high-net-worth individuals who believe in
It’s absolutely vital that you appoint a General Manager within your small business who is up to the task. And in order to attract the best talent, you need to create a highly effective and attractive compensation strategy that covers all bases. But what should you include in a compensation strategy for your GM? And how
If you’ve decided to sell your small business, then you’ve come to the right place. Having exited two small businesses I know there’s so much to consider when selling a company that you’ve worked so hard to build.I’m going to introduce you to six tried and tested small business valuation methods that will enable you to
Investing money in real estate can be as straightforward or as difficult as you make it. And while most people front up the costs of real estate themselves, an alternative approach is joining a real estate syndication in order to maximize your potential returns.This has particular interest to me as a real estate syndication can
In 2021 I will spend over $200,000 on freelancers for my small businesses. I have free lancers doing all kinds of things! I hire the common freelancers that most online businesses need such as graphic designers, developers and content writers. But in my local businesses I have few more unique roles, such as sales associates that
As an entrepreneur or an employer, you need to familiarize yourself with many business terms and concepts. That is why it is crucial to know what does TTM mean, as it will help you with your business performance and finances. So, if you are wondering the meaning of TTM, you are in the right place.Here
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