Category : Newsletter

Do You Really Want to Change?

Posted on November 5, 2013 by Michael Podolny No Comments ↓

Resistance to Change – A Universal Personal Quality Change is not something very many people embrace. In fact, it seems that many will flee change as if it were the plague! To prepare a company to be in the best

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Posted in Blog, Exit/Succession, Newsletter

Accepting the Need to Change

Posted on May 5, 2013 by Michael Podolny 1 Comment ↓

I have been writing about and supporting a thesis discussed by others –that we are not merely in normal cyclic economic downturn.  Rather we are going through a reset of the conditions and rules under which the economy will operate

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Posted in Blog, Newsletter, Selling Your Business

The Impending Business Owner Crisis

Posted on February 6, 2013 by Michael Podolny No Comments ↓

The Impending Business Owner Crisis – The Reasons Why Most Business Baby Boomer Business Owners Will Be Crying In Their Beer The Coming Crisis Not all economic implosions are crashes (such has happened recently with the real estate market in

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Posted in Blog, Newsletter, Selling Your Business

Driving Profitability by Understanding Which Expenses Are Truly Fixed and Which are Truly Variable

Posted on February 5, 2013 by Michael Podolny No Comments ↓

Profitability is a mandatory requirement for long-term operating success and the building of shareholder (owner) wealth. A key to profitability is having a pricing model that accurately accounts for both fixed overhead and variable expenses. The use of traditional accounting

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Posted in Blog, Newsletter, Selling Your Business

Time: The Irreplaceable Asset

Posted on February 5, 2013 by Michael Podolny No Comments ↓

Of the hundreds of business people I have talked to, it is remarkable how many have frustrations concerning time.  They are frustrated because there is not enough time to accomplish everything their businesses need, nor is there enough time to

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Posted in Blog, Newsletter, Retirement

Using Finite Time Parameters To Optimize The Attainment Of Personal Goals

Posted on February 5, 2013 by Michael Podolny No Comments ↓

Operating a private business can totally dominate the thinking of its owners.  Yet,  the owner has only him or herself to rely on if they want to achieve all their goals, tangible and intangible, from their business. But owners 1)

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Posted in Blog, Newsletter, Retirement

If Selling The Business Is Not Going To Be Sufficient, What Are The Alternatives?

Posted on February 5, 2013 by Michael Podolny No Comments ↓

Alternatives for Creating Owner Wealth There are four alternatives that we recommend and implement with our clients other than or in addition to the sale of the business for developing owner wealth.  These alternatives are not mutually exclusive. Often we

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Posted in Blog, Newsletter, Retirement

Building and Executing a Successful Succession Plan

Posted on February 5, 2013 by Michael Podolny No Comments ↓

Building and Executing a Successful Succession Plan Building and executing a successful succession plan is one of the most difficult tasks to accomplish.  Many owners experience extreme frustration when trying to execute succession plans and even abandon them after many

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Posted in Blog, Exit/Succession, Newsletter

Managing for Cash Flow- Rather Than Growth

Posted on July 21, 2011 by Michael Podolny No Comments ↓

Recently I’ve been sharing strategies to pursue owner wealth as a means of reaching ultimate exit succession goals. Last week, I suggested the controversial idea of shrinking the business. This week’s methodology is a little more palatable to most business

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Posted in Blog, Exit/Succession, Newsletter