When To Sell Your Business in Utah
The Crucial Role of Timing in Business Sales The adage “timing is everything” is particularly pertinent when considering the sale of your business. For business owners, initiating the process early enhances the prospects of a favorable outcome. As retirement looms for many, the importance of timing cannot be overstated. The Baby Boomer Influence A significant trend affecting the business...Read More
Why is Employee Satisfaction So Important?
Your employees are the heart and soul of your business. Therefore, if you want a thriving business, you need to put their satisfaction at the top of your list. After all, if your employees are not happy, this level of negativity will eventually spread to your customers and clients. Before you know it, you may see your level of profits and success decrease. Any time you spend thinking about...Read More
What To Look for When Buying a Business in Utah
Obviously, serious buyers want to carefully look at the financials of a company under consideration and all of the other major aspects of the company. However, there are a few other areas that the serious buyer will investigate that those selling their business may overlook. The Industry – The buyer will want to take a serious look at the industry itself, the customers, the suppliers, the...Read More
The Benefits of an Advisory Council
Experts recommend considering adding an advisory council to your business. This informal board would provide strategic advice on business management related issues. An advisory council would be in place to provide advice to your business, but unlike a board of directors, they will not actually make the key decisions. Further, while a board of directors often has equity in the business, an...Read More
