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Industry Trends for Business Valuation Multiples

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By Edward L. Fixen Almost all business owners wonder what their business is worth. The actual amount that a particular business sells for depends on many factors unique to that individual business such as historical stability, profitability, growth, industry, customer base, etc.  However, it is always a good idea to …

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Creative Ways to Attract Quality Talent

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By Kraig Strom We all know there are plenty of corporate buzzwords that need to be shelved, but if there is one buzzword employers should continue to embrace in 2015, it’s “talent.” In the new economy, employees should not merely be regarded as workers; they should be considered the talent …

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Preventing Fraud: 12 Recommendations for People, Processes & Technology

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By Mike Menerey Many Southern California business executives believe that fraud and embezzlement are not something that could ever occur in their businesses because they trust their employees. However, the truth is that fraud and embezzlement can happen in any business. The absence of proper procedures and controls increases the …

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Building a Brand People Trust

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By Daniel Hickey I have people ask me all the time, “What is it that allows huge brands like Apple, Starbucks, Beats by Dre, and countless others to create such a cult-like following?” While I could spend weeks talking about the many things that these brands do well, the simplified …

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Buy-Sell Agreements and Life Insurance Go Hand-in-Hand

Inland Empire Business News by IE Business Daily.003

When first-time business owners enter into a partnership to get an enterprise off the ground, necessities like buy-sell agreements may not always be on their minds. With so many young entrepreneurs populating the startup field, it should come as no surprise that legally binding contracts often take a back seat …

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MANAGING SIGNIFICANT GROWTH SUCCESSFULLY Part 2

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According to a study of Bain & Company, only one out of seven businesses manages to grow successfully. BARRIERS TO GROWTH Barriers to successful business growth are complex. The main reason for unsuccessful growth is not having a growth strategy plan – or failure to implement one. A poll from …

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