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Related Articles By John Reddish
- Responsibilities of Owners In A Smaller Business
Ever ask yourself, why? In this short and spirited piece the business owner is challenged to think about his/her roles and what to do when the job isnt fun anymore.
- Succession and Peace of Mind
The sale of your business isnt complete until the last check has been signed, the last contingent liability has been cleared and the statute of limitations has run on any potential civil litigation.
- Who Comes Next: Succession Issues For Business Owners
Successfully selling your business entails many perils before the deal is done. Review some of the key concerns before you put your business on the block and potentially save yourself a bundle of problems.
- Finding Pockets: Buying A Business
Looks at how to finance buying a business. People with a dream borrow money every day. But be wise and be wary when financing your dream through any kind of debt. Don't let your dream become a nightmare.
- How to Buy a Business
Reviews four sources of funding - personal savings and assets; trade credit; borrowing against assets; and bank debt.
- Valuing The Closely Held Company: Which Way Is Best
Gives three different ways to determine the value of a closely held company: use industry norms of earnings, comparable sales of public companies or formula approaches.
- The Four Stages Of Business Growth
Explains the four stages of development of a business: Survival- Liquidity - Profit - Sustained Earnings. Companies are not static and must work to maintain each stage of advancement.
- Somebody's Got To Be The Boss
A business is not just what is provided to the clients, but also the business of running a business. In running your business you must know your goals, the expected results and how to get the results.
- Goals Are Central To Planning
Presents an organized way to set goals and achieve them. The real key is common sense.
- How to use Strategy in Hiring
Sports teams hire all the time, often with spectacular results. You, too, can hire like the pros if you know the rules and play the game. Succession issues are also covered in this article.
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