- Questions?
- info@financiallysimple.com
January 9, 2019
As a business owner, I often think my business is doing great and every aspect of it is running beautifully. It reminds me of an old adage my dad used to say, “Son, you never tell a woman that the baby is ugly or you might get slapped.” However, that’s a problem for business owners looking to succeed. Mismanagement in business is clearly visible. Our “baby” is ugly as it can be and we don’t even realize it. Eventually, we find out our business isn’t as attractive to potential buyers as we think. So, here are four strategic questions to ask yourself when approaching a potential exit plan. Even if your 10-15 years out, you need to know NOW if you are hurting your business’s value.
November 16, 2018
In our series: Debt and the Business Owner, we have come to the “HOW”…how to get out of debt. But where do you start? We’ll explain a few different methods to help you determine YOUR answer. You will need to pick one based on your specific situation. By the end of this article, you should have a pretty good idea of which debt reduction strategy is right for you.
November 14, 2018
For most business owners, their first priority is typically their business, which you can most likely relate. However, if you truly want to run your business at full capacity you MUST get your personal and professional debt under control! To accomplish that feat efficiently, you need to understand how personal and business debts affect you and your business.
October 21, 2018
If you own a business, then you know how hard it can be to hire the perfect candidate for every job. So exactly how do you position your company’s team for maximum productivity and inner-office compatibility? One theory is to do so based on not just their skills but also their behavioral profiles. A DISC Assessment is just the tool that can help you learn these profiles and build a compatible, cohesive, and harmonious staff.
August 9, 2018
As a small business owner, I understand the desire and importance of taking care of your employees. The task of providing for your family and your employees’ families can be daunting. You can do both! However, providing retirement plans for small businesses requires us business owners to be very cost-conscience. This attention to cost needs to be a driving force when looking at the different plans, but not the only consideration.
August 8, 2018
Business owners can be some of the most philanthropic people on the planet. No one makes more charitable donations than business owners. The IRS estimates business owners give to five or more charities, which translates to them being about 10 times more generous than that of the general population. In fact, 83% of high net worth business owners actually plan to increase their giving in the next three years as well.