Every relationship your company creates with clients has value — every contact has the potential to grow into a long-lasting relationship and source of additional revenue.
However, every client relationship takes considerable time, effort, energy and patience before they can become a dependable and trusted part of your business.
It’s a considerable investment, and when a relationship [...]
When economic times are uncertain, business buyers become very cautious about a potential merger acquisition transaction. They attempt to negotiate for a lower price, but they also try to negotiate for the seller to have a significant interest in the post acquisition performance. This results in less cash at close and more of the transaction [...]
As an investment banking firm, we regularly dialogue with the top executives in the beverage industry. We have to chuckle when we reach a decision maker with a large beverage company and he says, “We have a corporate policy that we organically develop all of our own beverage concepts.” Does this guy read the industry [...]
When selling products or services marketing is key. When beginning your business it can be difficult to make your product take off from the start. You may find yourself struggling to get the companies involved in the mass market to even acknowledge your calls. This is where the assistance of a group-marketing network can come [...]
The hardest part of having a business in a network marketing program is to retain your downline. Many people think a network marketing program means huge incomes and little work, which is why the turnover rate in multi level marketing companies is higher than any other industry. While people have many reasons for walking away [...]
Just yesterday I participated in a business matchmaking event sponsored by the local SBA and prime contractors in the Houston area. These types of events of held across the country to help small business owners meet with decision makers in government agencies and local prime contractors. I have attended these events previously but did [...]
You and your best friend are looking into starting a business together. You have done all your research on the type of business you want to start. You have talked to some financial backers and are ready to go. Or are you? There are at least three things you should know before starting a business [...]
When small businesses compete with large businesses, it is inevitable that they will encounter a lot of difficulties because they do not have the necessary capitalization and other resources that these larger companies have. In addition, in most cases, these smaller companies cannot take a lot of risks because they need to have an assurance [...]
When you begin your own business you take a lot of risks that are naturally involved. One of the many risks you may face is issues or concerns with going into business with outside investors. You may have to take a bank loan or perhaps there is someone you know who has faith in your [...]
One of the points no one mentions in business is the importance of mastermind groups. You can often hear or read that you need a mentor to take a step ahead for your business.
When I am working with my employees or collaborators I realized that I discover many more things than when I work alone. [...]