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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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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It is always the highest hope of a CEO that the business will grow. One of our CEO rules is, “if you can’t measure success it didn’t happen!” With that in mind, there are four areas where a CEO can measure growth/success. Those areas are revenue, profit, staff or subsidiaries. …
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As a wealth planner, I’m often asked to speak to audiences of high level professionals: physicians, attorneys, business owners and executives who want advice on everything from growing personal wealth to how to retire early. One of the most frequent comments I hear from these professionals is that while they …
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Michael K. Menerey, Partner, CFO Edge, LLC Many Southern California business owners are so focused on the day-to-day tasks and challenges involved in running their ventures that they seldom step back and look at the big picture. Part of looking at the big picture is taking the time for business …
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Business owners who want to invest their profit often come to me for advice as to where it should go. Perhaps you can relate – and remember, this isn’t a sales pitch. It’s an investment lesson that every business owner needs, and lots of people tell me they wished they’d …
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IE Business Daily Business news for the Inland Empire.
