By Cheryl Powers
In a constantly evolving global economy, business owners often find themselves on a rollercoaster of highs and lows.
And let's be real: riding that coaster isn't always fun, is it?
Just as sailors must skillfully navigate stormy seas, business owners need to cross the unpredictable waves of economic turbulence.
But here's the silver lining: economic volatility isn't simply a challenge—it's an opportunity.
I often find myself remembering, the most breathtaking views...
As a business owner, it can be difficult to know how to prepare in the face of the looming economic downturn of 2023. But with the right focus and strategies and network, you can not only survive but you can thrive in the challenging environment ahead.
Here are some key areas that will help you find success in 2023:
By Cheryl Powers
I have never met a CEO or business owner who didn't want to know the fastest and most effective way to grow profits, free up cash flow, and create a winning culture. The best owners know that culture eats strategy for breakfast and without the right strategy, people and processes, the culture will deteriorate and profits will plummet.
Over the years, the owners who were having the most fun while they grew their companies were the ones who were able to view their business...
by Cheryl Powers
The answer can be found in one thing: predictable future business. In other words, how much each business is likely to grow in the future. We call this, growth potential.
Whether you're negotiating with a lender for working capital, considering a merger or acquisition, funding your buy/sell agreement, or determining the per-share value...
50% Complete