OK, I won’t lie. Starting a business is one of the most fun things I can think to do. I have started or helped start more businesses than I can count. I will also, however, be the first one to …
The start of a new year is always fun for me. It is a time to measure success (or failures) from the previous year and, hopefully, to put new plans in motion to have greater success. As a business and …
Most people never stop to think about the complex processes that weave together to create something as simple as, say, a pencil: the sourcing of wood and paint; the logistics of shipping graphite and rubber; the intricate machines that bring …
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Building Value While You Build Communities: Advice for Businesses in the Construction Industry
I love working with businesses in the construction industry. Who doesn’t love supporting those people building our communities and the future of Arkansas? From a valuation standpoint construction businesses have significant hard assets, such as equipment, real estate and strong …
Hot take incoming: cheaper isn’t always better. It’s always great to save money when you can, but sometimes, you really are paying for quality. That rings especially true when it comes to establishing and running your business. The advent of …
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Know Your Worth and Show Your Work: Why You Should Have Routine Business Valuations
Almost every business owner I know understands that their business is the largest asset they will ever own. Seeing as it’s often the truth, that’s good. The shocking thing, however, is that most of those same people will never have …
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The Elephant in the Boardroom: What’s Your Exit Plan?
If you’re reading this, I assume that you either know a business owner, or you are one yourself. If that’s the case, I need to sound the alarm on a big problem: the statistical odds of your business surviving are …