A close friend reached out to me after the company she founded failed its second due diligence. The buyer’s reasoning was harsh. “We don’t understand your numbers. And we think you don’t understand them either.”
Ouch.
Frustrated and anxious, she asked me: what does it take?
Only four things, I told her. Do this and I guarantee it won’t happen next time.
As the founder of a boutique professional service firm, one of the essential yet challenging aspects of business management is navigating the financial landscape.
The hiring process is littered with pitfalls that could jeopardize the very foundation of your enterprise. So, what should you be wary of when bringing on a key employee?
Acquiring or merging with other businesses is a strategic decision that requires careful financial and tax planning.
Ever wondered how to create a bulletproof forecast for your revenue, profit, and staffing needs in your professional service firm?
In this podcast episode, Greg Alexander explains the different ways of finding the cash you need when scaling a business.
Scaling a boutique takes money. This type of money is called scale capital. There are three primary sources of scale capital. Each has a set of advantages and disadvantages. Which is best for you is highly situational.
