What You See Is What You Get
So, what is Chinook about anyway? ARTICLE BY BREANNE EPOCH | 2021 Real Talk: When I joined the Chinook team 4 months ago, I didn’t know much about who they were or what they did. Before my interview, I spent about an hour researching the website, studying their pictures and personal information and googling what […]
5 Ways to Prepare for Your Exit
You’re ready to sell your business. But wait – YOU are your business. If you’re like most entrepreneurs, you’ve built a business that would collapse without you at the helm. How do you remove yourself from your baby? You spent countless hours creating, grooming, building networks, establishing the business from the ground up. You are […]
5 Reasons to Use a Business Broker
If you are thinking about selling your business, you may be considering whether or not to engage the services of a business broker. By working with a business broker, you will be more likely to sell your business confidentially, at a higher price, and to better qualified buyers. Consider these five reasons business brokers improve […]
5 Mistakes to Avoid When Selling Your Small Business
Proper planning can mean thousands of dollars in your pocket. Article by DEBBIE ALLEN Every day small business owners make drastic mistakes when selling their business and lose thousands of dollars in the process. All their hard work and long-term investment goes down the drain. These mistakes are often easily avoidable. As entrepreneurs, they had once dreamed of […]
Busting The 10 Biggest Small Business Myths
Unfortunately, small business owners believe a lot of myths about how to run their companies. These are things they assume to be true, but when put into practice, simply don’t work. Here are the top ten business myths, and the truth about each of them. 1. The customer is always right. If the customer was […]
Three Small Business Ownership Myths Debunked
As business brokers, we often hear that people’s dreams are to be their own boss. Making money doing something you love and grow through your own efforts is one of the most common desires of someone purusing the entrepreneurial dream. Here’s the thing—many people are too afraid to pursue business ownership because they have have […]
5 Things to Remember About Business Goals
“If you don’t know where you are going, you will probably end up somewhere else.” – Lawrence J. Peter According to a landmark Harvard study[1], setting goals and writing down your business objectives enhances your motivation and increases your likelihood of success. Moreover, companies that had written objectives showed a 700 percent increase in growth […]
How To Scale Up Your Service Business
Increase the value of your company by training others in your area of expertise. It can be tough to grow a service business. Clients are typically buying your expertise, and if all you have to sell is time, the size of your business will always be limited by the number of hours in your day. One […]
What's so special about the million-dollar mark?
If you’re wondering when is the right time to sell your business, you may want to wait until your company is generating $1 million in earnings before interest, taxes, depreciation, and amortization (EBITDA). What’s so special about the million-dollar mark? The million-dollar mark is a tipping point at which the number of buyers interested in […]
Will your business be more valuable this time next year?
For many, June is a time to take a vacation, as well as a time to reflect on this year’s achievements and set goals for the year ahead. Most company owners will set business goals that focus on hitting certain revenue or profit milestones. But if your goal is to own a more valuable business […]
