Tag Archives: entrepreneurship

Top Three Mistakes to Avoid When Growing Your Restaurant Empire

I’m sure you’ve heard the statistic that half of all restaurants will close within the first three years of opening. In fact, new and exciting concepts are generally started by a chef or restaurateur, but often not by a business person. The systems for running these operations are virtually non-existent, which isn’t really a problem …

Someone Wants to Buy My Business! Now What?

It’s the call many business owners dream of: out of the blue, a big competitor or maybe a holding company calls and says they’re interested in buying your business. Maybe you instantly start seeing big dollar signs, or perhaps you’re unimpressed, but either way, you’re probably thinking the same thing almost all of my clients …

Top Blogs of 2016

As we kick off the new year, we are remembering our most read blogs from 2016. From compliance to strategy to valuation, we covered a variety of finance, HR and recruiting topics and best practices, realized through our own experiences and takeaways from helping clients address their business needs and concerns. 1. Complexity vs. Simplicity: …

SaaS Key Performance Indicators (KPIs) for Fast-growth Companies in Healthcare

Did you know that the healthcare industry brings in $1.68 trillion in revenue annually? As a profitable industry, many companies want to break into this market segment through innovative new solutions. However, ensuring the business is performing effectively and profitably is imperative to its long-term success. If you offer Software as a Service (SaaS) applications …

Top 5 Challenges for CEOs and Business Owners: Part 2

We have seen CEOs and business owners struggle to meet the challenges to building sustainable value in their companies. These challenges are shown as a progression from low-value at the survival stage to a high value exit plan at the top of the stairs. Challenge #3: Making Consistently Good Decisions All companies’ structures and performances …

Top 5 Challenges for CEOs and Business Owners: Part 1

We have seen CEOs and business owners struggle to meet the challenges to building sustainable value in their companies. These challenges are shown as a progression from low-value at the survival stage to a high-value exit plan at the top of the stairs. Challenge #1: Fighting for Survival Between 2008 and 2011, approximately 11,740 significant …

Startup Struggles for Today’s Entrepreneur

Starting a new business is an exciting, yet often unpredictable time. Whether you’re a veteran entrepreneur or embarking on your first business venture, it’s important to understand and recognize the obstacles you’ll be facing during the startup journey. From customer retention to lead nurturing to obtaining credit, this infographic from Clarity clearly outlines the struggles …

Top 10 Reasons Start-ups Don’t Get Funding

From proving market viability and articulating the business plan to meeting with the decision makers, start-up companies and entrepreneurs can see a variety of challenges throughout the funding process.  However, to get funded, it’s important to also understand why start-ups don’t get funded. This summer I was a panelist in the vcfo webinar  “Pitch to …

A Simple Solution to the “I Work All the Time” Stress

Last night at 10:30 p.m., I replied from home to an email from a client, who was responding to my 7:15 p.m. email, which I sent from my office. The same client asked a question yesterday morning that required a couple of hours of analysis and ad hoc reporting. So, his top priority immediately became …

Top Questions for Startup Funding

What should my pitch deck look like? What do I need to tell the investor? What are the top reasons companies fail to get funding? Recently, I co-hosted a webinar with my colleague, Carter Freeman, on the topic of startup funding and answered these vital questions, among others. For those interested in watching the webinar …