Should that Equity Post be 50/50?

Should that Equity Post be 50/50?

In our last post, we mentioned the challenge of how partners should potentially split equity in a new business – one created from two other successful ventures that the partners ran independent of one another. If two businesses are merging, after all, shouldn’t...
Value for My Business: How can I Grow?

Value for My Business: How can I Grow?

Welcome back – in our last article, we explored how partners should – or could – split equity in a business and the example we used was that one partner brought a half million in assets and the other brought a half million in capital. That adds up to one million,...
How Do You Bring On New Partners?

How Do You Bring On New Partners?

Now we’ve spoken a lot about building partnerships to expand the strength and value of our small business. But there is one question that must always be asked – How can you effectively bring on new partners ? While there are a number of ways, there are...
Know Your Enemy!

Know Your Enemy!

There’s a great deal to focus on when you’re trying to grow your professional service business and make it profitable. One area that small business owners all too often miss is researching their competitors. This is a small part of your day-to-day business...