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News

Potential problems with "bolt-on" acquisitions

posted Jul 5, 2016, 9:21 AM by Doug Baumwall   [ updated Jul 5, 2016, 9:30 AM ]

Growing your business with acquisitions is faster and can be less expensive than organic growth. Acquisitions also increase liability in the form of business risk. The quality of the integration of a newly acquired business will determine how much value accrues to the acquiring company. Here's an interesting article on "bolt-on" acquisitions.

Why buying a business can be better than starting one

posted Apr 8, 2016, 9:42 AM by Doug Baumwall   [ updated Jul 5, 2016, 9:24 AM ]

Starting a business is a lot of work, and there's no guarantee that work will pay off. Most new businesses fail in the first few years. By buying an established, profitable business, you can drastically improve your odds of success. In exchange, you may be asked to invest much more money. The real benefit is not just the increased income and reduced risk, it's the time you save by stepping into a successful operation. To learn more, read this article:
https://hbr.org/2016/04/why-buying-a-company-can-be-better-than-starting-one

Make better introductions; let people introduce themselves

posted Feb 26, 2016, 6:43 AM by Doug Baumwall   [ updated Feb 26, 2016, 6:49 AM ]

One often overlooked way of using your elevator pitch is to create an email designed to introduce yourself.
Learn more about the art of email introduction:
http://also.roybahat.com/post/92544681186/introductions-and-the-forward-intro-email

Veterans Day 2015

posted Nov 11, 2015, 10:45 AM by Doug Baumwall   [ updated Nov 11, 2015, 10:45 AM ]

Most services for current and honorably discharged veterans are discounted by 50% this week.

Learn to market goods and services

posted Nov 5, 2015, 9:42 AM by Doug Baumwall   [ updated Nov 6, 2015, 9:16 AM ]

Every business needs customers, yet many businesses do a poor job marketing goods and services.
Here's a fast, easy way to learn new marketing skills:

Is my business healthy

posted Sep 14, 2015, 8:48 AM by Doug Baumwall   [ updated Sep 14, 2015, 8:49 AM ]

Businesses need cash to survive. How much cash does yours need? Refer to your financial ratios for a checkup:

Make better decisions: Separate business and pleasure

posted Sep 9, 2015, 7:10 AM by Doug Baumwall   [ updated Sep 9, 2015, 7:13 AM ]

Each family business is a unique blend of a family and its business.
Balancing the two is a challenge for many, but it doesn't have to be that way.

How does it feel to sell your business

posted Sep 3, 2015, 9:45 AM by Doug Baumwall   [ updated Sep 3, 2015, 9:46 AM ]

The big day arrived. You got your big check. Now what?
This article at Harvard Business Review explores the emotional result of a sale:

No need for alarm over private company valuations

posted Mar 22, 2015, 2:40 PM by Doug Baumwall   [ updated Mar 22, 2015, 2:44 PM ]

Important tax dates

posted Feb 19, 2015, 2:16 PM by Doug Baumwall   [ updated Feb 19, 2015, 2:17 PM ]

It's that time of year again. Most corporate tax returns are due next month. The easiest way to stay informed is with a calendar. We suggest Google Calendar, because it's so easy to use and allows you to view multiple calendars in one. To subscribe to the IRS calendar, just tap on this link: http://www.tax.gov/calendar/subscribe/

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