Manage Risks to Increase Business Value
At the highest level, business value is simple. The formula is: Business value = Forecast Future Cash Flow / Risk In business valuation risk is the likelihood of achieving the forecasted cash flow in the future. Risks come from many angles and chip away at...
The Hidden Multiplier: How Company Productivity Boosts Everything!
In the fast-paced world of business, productivity is queen and king. Overall, improving productivity is not just about doing more work; it's about working smarter, achieving better results, and creating value for all stakeholders involved—employees, customers,...
Add Great Customers for Business Growth
A great customer for a business is typically one who brings long-term value and positive contributions to the company. They appreciate the value you bring, the quality you pour into your work, and the passion that fuels your hustle. Here's what makes a customer...
Is Your Pricing Stuck on Autopilot? Learn How Airlines Maximize Profits
Airline pricing strategies are complex and dynamic, influenced by a variety of factors such as demand, competition, operational costs, and historical customer behavior. Airlines employ several pricing strategies to optimize revenue and stay competitive in the...
The Balancing Act: Managing Risk While Taking Money Off the Table
Reducing business risk is not merely about safeguarding profitability, it's about building a foundation of trust and security. When navigating turbulent economic waters - every employee, their families, their financial hopes are banking on your decisions. While...
From Pawn to Queen: Elevate Your Business with Strategic Planning
Planning is a process that involves thinking ahead (hence playing chess) and organizing actions to achieve specific goals. Successfully done, it can allow management to see the future and act quickly on opportunities or threats growing the value of the business. The...
Celebrate the Past and Look to the Future with Gratitude
In today's competitive and dynamic business landscape, companies are continually seeking strategies to enhance their performance, productivity, and overall success. Among these strategies, one often overlooked yet powerful aspect is gratitude. Gratitude, the...
Navigating the Complexities of Estate and Gift Tax Valuation: The IRS Job Aid for DLOM as Your Guide
In the realm of estate and gift tax valuation, the concept of Discount for Lack of Marketability (DLOM) plays a crucial role in determining the fair market value of closely held business interests. The DLOM reflects the reduced value of such interests due to their...
An ESOP Philosophy…More Say, More Motivation, More Profit
Humans have a natural desire for autonomy and independence. When management’s style consists of only telling employees what to do, this can lead to lower self-esteem, resentment, and anxiety in employees. ESOPs (Employee Stock Ownership Plans) can lead to a better...
Harnessing Your True Potential: The Significance of Focusing on Your Strengths in Company Management
In the ever-evolving landscape of business management, leaders are often faced with the challenge of balancing multiple responsibilities, driving growth, and ensuring the success of their organizations. In this pursuit, one key factor stands out as a game-changer:...