Established and Expanding
Just because your financials are consistent doesn’t mean you can’t improve, it just means you’re doing the same things.
In addition to the questions on our Growth page, you’ll need assistance with:
- Are you looking at purchasing another business? How do you determine its value?
- How profitable can you be by expanding in certain product/service lines?
- Do you have the internal controls necessary to prevent fraud?
- Do you understand key man insurance and buy sell agreements?
- What happens when key personnel leave?
- Do you have up to date documentation of key procedures in your business?
- If you are considering expanding into other lines of business have you fully examined why you are doing so?
- Have you updated your personal financial information? If so, who has this information?
- More clearly define your exit strategy
- What is your business worth?
- Are you using technology to its fullest advantage in both operations and back office functions?