Archive for January 2013

Collaboration with client-focused advisor team is best for owners

An Advisor Team helps Business Owners Grow and Build Value  Metro Business Advisors knows that the best way to help business owners reach their goals is to make sure that everyone is on the same path. No one is an expert in all areas – an advisor team is essential. We collaborate with client-focused attorneys, accountants,…

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Business Recapitalization -A Second Bite of the Apple

What is Business Recapitalization? In an earlier article, “Taking Some Chips off the Table,” we followed Gustoff, the owner of Precision Machine Company, as he sold a majority stake in his company. As a follow up, I will elaborate further on this strategy, focusing on two areas: The “Second Bite of the Apple” business recapitalization concept…

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Plan Your Life Beyond Business Today… Not Tomorrow, Scarlett!

No Owner wants to think about Transitioning out of the Business, but Planning = Dollars “I can’t think about that right now. If I do, I’ll go crazy. I’ll think about that tomorrow.” – Scarlett O’Hara in Gone With the Wind. Many business owners sound a lot like Scarlett O’Hara when the topic of business transition…

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Don't be a Super Hero; Develop Strong Employees

Developing Strong Leadership among your Employees is an Important Investment in Business Value I challenge you to create a vision of your Life beyond Business;™ to define your dreams, goals and aspirations beyond running your business, both now and in the future. Not as easy as you thought, right? You might be thinking, “It’s a…

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How Can Your Business Continue When You Don’t?

Business Continuation is often discussed only in whispers… Let’s face it, we all know things happen that we don’t expect, like becoming disabled or, heaven forbid, dying before you exit your business. You’ve worked hard to build your business but events beyond your control can significantly alter your course, like the economy, technology, and weather…and…

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Develop Your Vision of the Future

The most Successful Business Owners have established a Vision of the Future   “How do you visualize your future for yourself, your family, and those things that you care the most about?” Working to define YOUR “Life Beyond Business”™ is the first step toward creating a vision of the future. It’s not as easy as…

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Do you know your MPSP?

A Business Valuation determines What your Business is Worth Perhaps the single most important fact that you should know about your business is its Most Probable Selling Price (MPSP). MPSP is the realistic price or market value of your business and it is determined by a business valuation. Knowing the MPSP can help guide your business,…

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