Past Issues

Growth Strategy


Look out – your Technician is showing

I had an interesting discussion with a relatively new franchise owner recently. (He’d been in about 18 months.)

His business, a commercial locksmithing/security franchise, is doing very well — which really vindicated his search approach. The primary thing he was looking for in a franchise was an industry that was “un-glamorous” — not sexy or flashy … the kind of work that people don’t particularly get excited about. His reasoning for that — which has paid off — is that there tends to be a lot more margin in work that has to be done but not a lot of people want to do it. (more…)

Business Succession Planning

When developing a succession plan for your business, you must make many decisions. Should you sell your business or give it away? Should you structure your plan to go into effect during your lifetime or at your death? Should you transfer your ownership interest to family members, co-owners, employees, or an outside party? The key is to pick the best plan for your circumstances and objectives, and to seek help from financial and legal advisors to carry out this plan. (more…)

Tools for Financing an Acquisition

There are many important aspects of a successful business transition. One of those is how to finance it. As a seller, the last thing you may be thinking about is the need for financing; however, without a good financing option, your buyer may not be able to complete their end of the deal. (more…)

Business Housekeeping Can Maximize Value

If you’re a business owner looking to sell now or in the future, you may be discouraged to hear that many sales fall apart during the due diligence phase. You have the ability to minimize the risk of this happening by being a diligent business owner before putting your business on the market. (more…)

Perks Empower Workers

Let’s keep it real: Pro Athlete has a LOT of employee perks. And we’re talking about more than the usual—extra days off, afternoon at the K, Friday happy hours—that many businesses offer. At Pro Athlete, they take employee perks seriously. (more…)

Think Big to Grow Big

Growing a company isn’t easy under the best of circumstances. Growing an established company by double digits is a rare feat, especially on a year-in, year-out basis.  (more…)


Contact


  1. (913) 432-6690
  2. PO Box 754
        Shawnee Mission, KS
        66201-0754
  3. editor@ithinkbigger.com

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