The boom ahead

I’ve seen economies cycle through boom and bust periods, and chances are you have too. The time to act is in the beginning of the boom, not at the tail end as it runs out of gas. That’s why it’s important to start now.

Putting together your business-selling team

“For sale by owner” might be a money-saving strategy if you’re selling a house or a car.  But when selling a business, it can cost you more money than you’ll save. When selling your business, keep in mind the old adage, “A doctor who performs surgery on himself has a fool for a patient.” In [...]

The logjam is breaking up

New signs of recovery in the merger and acquisition sector are slowly emerging, according to W.Y. Campbell & Company, an M&A and finance company. After crunching the numbers, WYCC found that the logjam appears to have finally broken up in the fourth quarter of 2009. Credit remains tight, which continues to dampen business, but deals [...]

Why you need to develop a successor

Leadertalk blogger Becky Robinson of Mountain State University’s* School of Leadership and Professional Development writes about the importance of developing others as part of your succession plan. Her experience in developing a core group (or even an individual) to carry on the work you began is a good example of how to prepare your company [...]

Is the business freeze thawing?

No doubt the current economic conditions have dampened enthusiasm for mergers and acquisitions of all sizes. Tight credit and generally slow cash flow throughout the economy have kept many would-be buyers of businesses on the sidelines. But not everyone is waiting for the all-clear sign to jump back into the water. Medill Reports Chicago, an [...]