When the Wire Comes in…
Pause. Take a deep breath… smile! After years of hard work, the moment has arrived for you to receive the payout for all your hard work and dedication to the growth and development of your (now prior) business.
Lessons with Lily: Go Lily. GO!
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 gar ...
Pre-Launch Preparations: Prepping for Sale
Planning for the sale of your business is a significant undertaking that requires careful planning to maximize its value and ensure a smooth transition.
Lessons With Lily: Value in Values
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.
Planning Forward: Two Years Out Plan
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.
Lessons With Lily: Capturing the Market
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 pla ...
Podcast: Plan Your Landscape
On August 17th, David Behney had the chance to be featured on the Thunder Stock Show. Listen to the podcast here.
Begin With The End In Mind: Creating Intentions
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.
Lessons With Lily: Perseverance – Keep Moving in the Game
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 ...
Crafting a Successful Business Plan: A Comprehensive Guide
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 a ...
The Top 5 Business Performance Metrics: Tracking Success for Growth
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 ...
Unraveling the Distinction Between CFO and CPA: Understanding the Value of a CFO for a Thriving Company
In the intricate world of finance and accounting, certain acronyms often raise eyebrows due to their similarity and ambiguity. Two such designations that frequently cause confusion are CFO and CPA. While both are indispensable in the corporate landscape, they fulfill distinct roles and offer unique ...
Investors
Investors are driven by two things; narrative and return. When preparing to pitch to potential investors, it is important to develop a clear and compelling narrative that outlines your business model, the problem you are solving, your target market, and your unique value proposition.
Good Debt / Bad Debt
In the world of business, it's important to know The difference between good debt and bad, just so You can make smart choices with your money and time And avoid a financial mountain you can't climb
Transitional Planning
What is my exit going to look like? Transitional planning takes sensible outlining and forecasting. From the start, you need to decide if you are selling, transitioning, or closing up shop. What motivates you? Is it to retire and play golf in a sunny, warm climate? Does your children’s future moti ...
Bank Lending
Securing funding for your business can be a challenging process, especially if you're not well prepared. When seeking financing from a bank or other lender, it's important to present your business in the best possible light to increase your chances of approval. Here are some tips for preparing and ...
How BMS Can Help Manage Cash Flow
As a business owner, managing cash flow is crucial to the success and survival of your company. It's the process of tracking and managing the inflow and outflow of money, ensuring that there is enough cash on hand to meet expenses and pay bills as they come due.