Since the age of 2, Lily has been driving around our house on some sort of vehicle. It started on a Power Wheels 4-wheeler and stepped up to a 125cc 4-wheeler, then we added an 80cc go-kart, and now we have added a 5hp Jr. Dragster to the array of vehicles that this soon-to-be 5yr old has in the garage. It amazes me each time we get something new how fast she picks up on operating the vehicle, and the excitement she has driving.
Planning for the sale of your business is a significant undertaking that requires careful planning to maximize its value and ensure a smooth transition.
Every week, our family sits around the table and plans the week ahead. Lily contributes her thoughts in the planning, such as events that she may want to participate in, future vacation ideas, and contributions to what foods she wants on the grocery list.
With two years to go to the sale, an important factor to put in place is execution of a forecast showing performance, profitability, and revenue enhancement.
Last week I had the chance to take Lily to Crystal Cave and she insisted on panning for gems. Upon our return home, she spent the next hour on our back patio cleaning each of the items she collected with a toothbrush, shining each one to perfection. As she neared completion, I asked “What’s your plan for these gems?”
On August 17th, David Behney had the chance to be featured on the Thunder Stock Show. Listen to the podcast here.
You’ve worked hard and have created a company that you are proud of. Even if you are not currently thinking of retiring or selling the business, you should always be gearing towards the end in mind.
There is nothing like playing a game of Monopoly Jr. with my wife and our 4-year-old daughter, Lily. Lily is the light of my life, and it’s never too early to teach our children about the values of a dollar. In this case, playing the Monopoly Jr. version, we had a lot of fun, and learned some things along the way.
Starting a new business venture can be an exciting but challenging journey. A well-thought-out business plan is the foundation for any successful enterprise. It acts as a roadmap, guiding you through the intricacies of launching and growing your business. Whether you're an aspiring entrepreneur or an established business owner looking to pivot or expand, creating a comprehensive business plan is crucial to your success. In this blog post, we will walk you through the essential steps to craft an effective business plan that sets you on the path to achieving your goals.
In today's competitive business landscape, it's crucial for organizations to track their performance to make informed decisions and drive growth. By monitoring key metrics, businesses gain valuable insights into their operations, enabling them to identify strengths, weaknesses, and opportunities for improvement. In this blog post, we'll explore the top five business performance metrics that every company should prioritize for success.