“The company is not saleable” is a phrase often used for companies, both profitable and unprofitable. Think about it…..does this make sense? The company “is not saleable” means that no buyer in the world would acquire the company at any terms, conditions or price. Any company that is generating profits can be sold and many [...]
I recently spoke to a business advisor who was recently brought into a $25 million business service company in the Northwest to make the company into more of a scalable business. The founder and majority owner of the company knew that he was too directly involved in sales activities and was aware that in order [...]
I met recently with a Financial Advisor whose primary function is to serve as a part-time CFO for multiple companies. This is a terrific service for entrepreneurial companies where the owners are 1) running out of cash and 2) spending too much time on financial and administrative issues at the expense of growing revenues. [...]
We obtained a new client couple of weeks ago…..a husband & wife team who have grown their company to $14 Million of revenue with $2.2 Million of adjusted profit. The couples’ adult children are now out of the house so they wish to sell their company and begin their “next chapter.” Throughout the process of educating them [...]
I caught up a couple of weeks ago with the majority owner of a business service company. The owner has done a terrific job starting the company from scratch to the point where the business is now generating $13 Million of revenue and approx. $1.5 Million of adjusted profit. Since I started speaking with the [...]
