The 2017 Fires Underscore the Need for Exit Planning

The Event The October 2017 Northern California wildfires were the worst in the state’s history. Victims were traumatized by 70 mile-per-hour wind gusts and fire that week. Evacuees grabbed their children and pets with only moments to spare in some cases.  The fires caused 42 deaths, destroyed over 8,000 buildings, and displaced 100,000 people in three counties.… Read more »

Selling A Business – Reasonable Expectations of Buyers

Having your business in good order before presenting for sale Potential buyers are attracted to your company because it has valuable products and services and they believe that they can run the business as good as or better than you do. The price they will pay can be based on any number of factors both… Read more »

Optimizing Your Cash Flow

A statement of cash flows can be an important tool in planning and managing a company’s cash flows. What is it? A statement of cash flows starts with a company’s profit or loss and then specifies areas where cash has increased or decreased. If used as part of a company’s planning process, a forecasted statement… Read more »

FAITH…Do you need it to be successful in business these days?

Webster defines FAITH as to have “complete trust or confidence in someone or something”. I received an urgent phone call recently from a business owner that was panicking over not getting his business line of credit renewed.  He was upset that for 100 years his family business had banked with this certain bank and now… Read more »