When you’re looking to grow your business, it doesn’t hurt to run your plan past an independent advisor who’ll probably point out things you haven’t even considered.
If someone’s wanting to buy your business, it doesn’t hurt to run the contract past an independent advisor who only has your best interests at heart.
If your business has grown to the point where you’re being pulled in all directions, you may want to consider outsourcing the key areas that aren’t your core strengths, freeing you to do what you love.
If your business has grown, but your bank balance hasn’t, it may be time to look at your processes.
Buying or selling a company or merging with another party requires a detailed knowledge of corporate finance to make sure you receive the best possible deal. You want an experienced advisor in mergers and acquisitions (M&A) that can value the business, manage expectations, structure the deal, manage the process and maintain open and honest communications with all parties, for a hassle-free experience.
Not all companies require a CEO on a full-time basis. Or you have a CEO and they’ve just announced they are leaving…immediately. You need someone who can step in and provide leadership, help set strategic plans and goals and become part of the team. And you need them to do it…tomorrow? Sure thing.
Cash flow is a problem that faces all companies at some point. It’s not just the money in the bank, but how the money comes in and out of the business. How your receivables and payables are processed, will go a long way to affecting the quality of your cash flow. If it’s an issue, let someone else look to get back a positive flow.
