Business Growth Tips Blog

Photo by Apostolos Vamvouras on Unsplash. 6 little things that make a big difference to the value of your company At the 2010 Olympic Games in Vancouver, in the Men’s Downhill race at Whistler the winning time of 1:54:31 was posted by Didier Défago of Switzerland. The time among medalists was the closest in Olympic history, and while Mario Scheiber of Austria posted a time of 1:54:52 – just two tenths of a second slower than Défago – he finished out of the medals in fourth pl

When was the last time you had your blood pressure tested? Photo courtesy of Drazen Biljak on Unsplash Taking your blood pressure is one of the first things most doctors do before treating you for just about anything. How much pressure your blood is under as it courses through your veins is a reliable indicator of your overall health; and it can be an early indicator of everything from heart disease to bad circulation. Does it tell the doctor everything they need to know abou

Value Driver 6: Monopoly Control Listen to the audio version of this blog post instead: Download Value Driver 6 Audio HERE Download our free eBook: 8 Value Drivers eBook: Download eBook HERE The monopoly control is another very important Value Driver. Monopoly Control means that you've got control over how you price your product. You're not being commoditized because you're unique and different in a marketplace. You've heard Warren Buffett the famous investor talk about this

Value Driver 8: Hub and Spoke If you want to listen to the audio version of this post just CLICK HERE To earn more about all 8 key drivers of company value and how to use them, download our free report HERE. The Hub and Spoke refers to how dependent your company is on you personally. Again when the acquirer comes in to buy your business they will want to know how this thing is going to operate when you leave. The more dependent the company is on you personally the lower you'r

Value Driver 7: Customer Satisfaction Listen to the audio version of this blog post instead: Download Value Driver 7 Audio HERE Download our free eBook: 8 Value Drivers eBook: Download eBook HERE Customer satisfaction is an obvious driver of business value, right? Obviously how satisfied are your customers is going to be important to a buyer. Because again, when a buyer buys a company they're buying the future. So when you leave, ride off into the sunset, they're going to wan

Value Driver 5: Recurring Revenue To listen to the audio version of this blog post instead, just CLICK HERE Download our free eBook: 8 Value Drivers eBook: Download eBook HERE When a buyer comes in to buy a business they want to understand how this business going to continue when you, the owner, leaves. The more reoccurring revenue you have the more valuable it's going to be. There are really six different forms of recurring revenue and buyers view each of the forms a little

Value Driver 4: The Valuation Teeter Totter To listen to the audio version of this blog post instead, just CLICK HERE Download our free eBook: 8 Value Drivers eBook: Download eBook HERE Remember when you were a kid you go to the playground and you play on a teeter totter? The light kid is on and then the heavier kid gets on and the light kid goes up? The same relationship exists between the way cash moves through your company and its value. It’s on of the 8 Value Drivers. Ess

Value Driver 3: The Switzerland Structure To listen to the audio version of this blog post instead, just CLICK HERE Download our free eBook: 8 Value Drivers eBook: Download eBook HERE This structure gets its name from the country of Switzerland. If you know any about the history of Switzerland it's pretty amazing. They've taken this obsession with being independent. They didn't join either of the two world wars. They didn't send troops to Iraq. They didn't even join the Unite

Value Driver 2: Growth Potential To listen to the audio version of this blog post instead, just CLICK HERE Download our free eBook: 8 Value Drivers eBook: Download eBook HERE The second driver is your company’s growth potential. The owner of the company, when they think about their business, they want it valued based on what they've done in the past. Right? We're proud of what we've done in the past that's normal. For example, the fact you won an Association Award or that you

Value Driver 1: Financial Performance To listen to the audio version of this blog post instead, just CLICK HERE Download our free eBook: 8 Value Drivers eBook: Download eBook HERE We discovered that there are these eight key drivers that drive the sell-ability of a company. The first one is an easy one. It's easy to understand but it's actually very difficult to deliver your financial performance right. Essentially this Value Driver is made up your top line revenue and your b

If you own a business, you are certainly aware of how important it is to stand out from your competition. In the age of technology, there are so many businesses competing for customers attention across so many mediums that it’s easy for your company to get lost in the shuffle. But have you ever really thought about what exactly determines the value of your business, specifically? Maybe you’ve taken a look at other businesses in your industry or gone by an industry rule of thu