The economy is improving and some businesses are hiring again. Even so, many have lost faith in corporate America but not in themselves. Instead of keeping their heads down for fear they may fall prey to HR’s whack-a-mole strategy, many are electing to leave behind their once cozy but now tenuous corporate careers to work …
May
17
May
30
Valuation vs. Evaluation
Do You Have A Cash Cow Or White Elephant? Just because something has value does not mean somebody else will buy it. We all know that one house in the neighborhood with the weird paint and the odd sculptures that no one is going to buy “as-is”. In the past month, I have spoken to …
May
26
Buying vs. Leasing Your Building
There comes a time in the life cycle of a business when the business owner confronts the question: should I continue to lease or is it time to buy? This is an interesting question because it encompasses many aspects of business: interest rates, growth potential, financial stability and even depth of management (more on that …
May
04
Burke & Schindler: Business 360
Most start-up businesses are little more than an “incorporated job”; a vehicle for the owners to earn a market-rate salary with the hope of future growth. Once a business can pay the owners a market-rate salary and have significant profits remaining, it is an asset. This marks the time when entrepreneurs must begin working on …