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Finding the Right Successor for Your Business

Finding the Right Successor for Your Business

by david@numbercraft.us | Nov 11, 2023 | GUIDES: Exiting & Selling Resources

Putting a succession plan in place helps ensure the future stability of your business when you step aside or if unforeseen events happen. Succession plans should be made well in advance if they are to be executed properly, and legal battles are to be avoided. Further...
Grow Your Business by Raising Your Cash Potential

Grow Your Business by Raising Your Cash Potential

by david@numbercraft.us | Nov 10, 2023 | GUIDES: Increasing Profit

Growth has its risks but a well-designed strategy can deliver stability, security and long-term profits. When it comes to expansion, it’s not always necessary to borrow money. You’d be surprised how your own internal resources can be maximized to provide at least some...
5 Top Ways to Research Your Market

5 Top Ways to Research Your Market

by david@numbercraft.us | Nov 9, 2023 | GUIDES: Sales & Marketing Resources

It’s easy to come up with a number of business ideas but to make sure your idea is viable and can be run at a profit, you’ll need to do quite a bit of market research. The good news is that doing your own market research is not as hard as it sounds. Here are five top...
Break Even Analysis

Break Even Analysis

by david@numbercraft.us | Nov 8, 2023 | GUIDES: Resources for Starting Up

The break-even point is the point at which your company makes enough money to cover its costs. Past this point, the company starts to make profit. Finding the break-even point through the analysis of costs is one of the most useful processes an entrepreneur can...
10 Steps for a Financially Successful Exit

10 Steps for a Financially Successful Exit

by david@numbercraft.us | Nov 7, 2023 | GUIDES: Exiting & Selling Resources

Successfully exiting a business is a dream for many owners. Follow these ten steps and you’ll be in great shape to make your dream become a reality. Many entrepreneurs desire to build and sell a thriving business. A financially successful exit is certainly achievable,...
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