Business Advice

By Tim Kolacz As a business owner, I wanted to make sure that all of my vendors provided me the best quality product at the best price and in a timely manner.  I would make sure that I knew the people selling me my goods and that I could trust …

By Edward L. Fixen When it comes to developing an exit plan and advance planning to sell a business, many small and mid-size business owners tend to overlook the benefits of growing their business through acquisition.  Growing an existing business using strategies to increase sales and improve operations (i.e., organic …

By Edward L. Fixen Entrepreneurs that want to be their own boss and manage their own business must face the question of should I buy an existing business or should I start one from scratch.  Ultimately, the answer for each person depends on their particular circumstances and goals but this …

By Craig Dart With tax time long over and midyear officially here, it’s a great time to organize your financial records. And the key word here is indeed “organize.” Throwing all your important documents into a drawer won’t help much when an emergency occurs and you (or a family member) …

By Tim Kolacz You run a business and you have a few (or a fleet) of vehicles that your employees use on a daily basis. These vehicles are the bread and butter of your business. Depending on where they sleep at night, could hold huge ramifications as to how much …

By Edward L. Fixen At least once a week I talk with the owner of a highly specialized, niche business who is thinking about selling their business.  What is particularly interesting is the common perception that the only buyers for niche businesses are competitors in similar niche businesses and that …