The C-word and 7 Others That Entrepreneur’s Should Avoid… Comments
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Republished with permission from Built to Sell Inc. The majority of businesses in Canada today started out as service companies. If you want to own a web design firm, you didn’t need a lot of money, just a technical knack. Enterprising …
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Why do you want to sell your business? Comments
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Republished with permission from Built to Sell Inc. Many business owners believe the act of selling their business is similar to passing the baton in a 400 metre relay: once you’re finished running, you get to relax.  In reality, buyers …
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Why traditional financial planning is killing your business… Comments
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Financial planning is critical to a comfortable retirement. But, too many business owners are following the same financial planning strategies that their employees are following and are jeopordizing their ability to retire as a result. Traditional planning from some very …
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Scale Your Service Business To Be Less Reliant On You Comments
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Republished with permission from Built to Sell Inc. Prevention is better than cure To grow a valuable business – one you can sell – you need to set up your company so that it is no longer reliant on you. …
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Business Owners: Four Ways To Protect Your Turf… Comments
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Republished with permission from Built to Sell Inc. Warren Buffett famously invests in businesses that have what he calls a protective “moat” around them – one that inoculates them from competition and allows them to control their pricing. Big companies …
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Business Owners – Where to start, when your growth stops… Comments
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By: Scott E. Plaskett, CFP & John Warrillow Why would two companies in the same industry, with the same financial performance, command vastly different valuations? The answer often comes down to how much each business is likely to grow in the …
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Business Owners – 9 Warning Signs You’re a Hub-and-Spoke Owner… Comments
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By: Scott E. Plaskett, CFP If you were to draw a picture that visually represents your role in your business, what would it look like? Are you at the top of a traditional Christmas-tree-like organizational chart, or are you stuck …
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Caution Business Owners! – Don’t Poke The Giant… Comments
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By: Scott E. Plaskett, CFP & John Warrillow On June 1, 2011, both Floyd’s Coffee Shops in Portland, Oregon were busier than usual. The regulars were elbowed out of the way by new customers visiting the store for the first …
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