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Monthly Archives: June 2011

Understand, and prepare for, your exit strategy – Business Challenge of the Week 6/27/11

Whether the owners of a company ultimately intend to sell to private equity, to a strategic investor, or pass the company to others (often family members) there are critical actions to be taken to prepare your company for that transition. What those actions are will often depend on what your ultimate exit strategy. Is your strategy: 1. Continue reading →

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Understand, and prepare for, your exit strategy – Weekly Leadership Challenge 6/27/11

Whether the owners of a company ultimately intend to sell to private equity, to a strategic investor, or pass the company to others (often family members) there are critical actions to be taken to prepare your company for that transition. What those actions are will often depend on what your ultimate exit strategy. Is your [...] Continue reading →

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Clean Up Corporate Documents – Business Challenge of the Week for 6/20/11

Few things can damage a company more rapidly than an unforeseen legal controversy (often between owners) which relies upon proper corporate documents for resolution. Things can get particularly difficult if the shareholders have never properly ratified a shareholder agreement (or operating agreement, depending on the form of incorporation). These documents define the relationship between the shareholders, and deal with issues like disposition of shares, recording ownership of the company, etc. Continue reading →

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Clean Up Corporate Documents – Weekly Leadership Challenge 6/20/11

Few things can damage a company more rapidly than an unforeseen legal controversy (often between owners) which relies upon proper corporate documents for resolution. Things can get particularly difficult if the shareholders have never properly ratified a shareholder agreement (or operating agreement, depending on the form of incorporation). These documents define the relationship between the [...] Continue reading →

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Understand and Manage Cash Flow

One of the most important lessons business owners must learn is that cash flow is king. It doesn’t matter how much money is coming in the future if you don’t have enough money to deal with your business TODAY. Employees can’t wait on paychecks until your customers pay. Suppliers may not be willing to extend [...] Continue reading →

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Cash Forecast Template

TRG_CashForecastTemplate
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Understand and Manage Cash Flow – Business Challenge of the Week for 6/13/11

One of the most important lessons business owners must learn is that cash flow is king. Continue reading →

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Understand and Manage Cash Flow – Weekly Leadership Challenge 6/13/11

One of the most important lessons business owners must learn is that cash flow is king. It doesn’t matter how much money is coming in the future if you don’t have enough money to deal with your business TODAY. Employees can’t wait on paychecks until your customers pay. Suppliers may not be willing to extend [...] Continue reading →

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Stop Multi-Tasking And Start Producing -Business Challenge of the Week for 6/6/11

“With the past, I have nothing to do; nor with the future. Continue reading →

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Stop Multi-Tasking And Start Producing – WLC for 6/6/11

“With the past, I have nothing to do; nor with the future. I live now.” – Ralph Waldo Emerson Sometimes being a leader means feeling overworked and overwhelmed. How often do you find yourself driving while talking on the phone? Sitting in a meeting while your mind is mulling over another issue? Checking your emails [...] Continue reading →

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