Business Growth Archives • Page 3 of 16 • Financially Simple

In the next 55 episodes, we will cover all the aspects of what it takes to turn your business from a mundane “job” into a business that can change your future. To start the series, click here.

December 1, 2021

Effective End-of-Year Marketing: A Financially Simple Guide

As we approach the year’s end, I like to turn my attention to marketing. Q4 is the time of year when many businesses begin to look at their marketing practices, determining what worked throughout the year and what they can improve on. With that in mind, I sat down with a dear friend of mine, John Riley, to discuss effective end-of-year marketing strategies and practices. So, join me as we dive deep into the wonderful world of marketing!

November 22, 2021

When to Sell Your Business: A Business Owner’s Guide

For the past six or seven weeks, we’ve been discussing the question, “Should you sell your business?” This is such an interesting time to be a business owner because Covid has created a massive cash surplus for so many businesses. The abundance of cash has created greater business valuations. As a result, so many of you are being approached about selling your business. But how do you know if it’s the right time to sell? That’s the question I’m going to answer with today’s entry.

November 15, 2021

The Legalities of Selling a Business, with Mital Patel

Selling your business is a big deal. There are so many things you have to do to prepare it for a transfer that it can easily become overwhelming. Beyond simply finding a buyer and making a transaction, there are several contracts and agreements that need to be drawn up. Additionally, you must determine the type of sale, what will be included in the sale, and what your role will be once the sale has taken place. To help gain a better understanding of the legalities of selling a business, I sat down with Mital Patel, founder and managing partner of TriAmicus Law, PLLC. As with all entries in this series, I really encourage you to listen to the podcast to get the full extent of our discussion.

November 8, 2021

Selling a Business Independently, with Dr. Grace Yum

There really is no substitute for experience and that’s been the focus of this series. We’re taking time to speak with experts who are actively involved in the business sales process. I recently had the pleasure of speaking with Dr. Grace Yum, a business owner who has just gone through the sale process. In this interview, Dr. Yum shares valuable insights gained from selling her business independently. Therefore, I really encourage you to listen to the full podcast so you’ll hear all she has to say. But until then, you can follow along as I review what selling your business independently is really like.

November 1, 2021

Business Transition and Investment Banking with James Pugh

Recently, I’ve been taking a new approach to teaching some of the subject matter that I’ve discussed in the past. Although some of the concepts may be familiar, we’re looking at them through real-world application by interviewing some of the experts in each respective field. Each of the interviews in this series deals with a different aspect of your business’s legal department, specifically, as it pertains to your exit. Due to the detail and length of the discussion, today’s article serves as a review. If you’re just joining this series, I encourage you to follow along with the podcast. That’s where you will find my full interview about investment banking and business transition with James Pugh.

October 11, 2021

Digital Marketing Tactics: Social Media for Business Owners

We live in a digital world. There are more people participating in social media than ever before. As a result, there are more people turning to social platforms to research the goods and services they desire. Naturally, this means business owners must shift their marketing strategies to include an engaging presence across each of the major social media platforms. But, oftentimes, business owners have a shortsighted view of social media. Therefore, today’s post aims to provide you with a better understanding of social media as it pertains to your digital marketing tactics.