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Getting the Best Price for Your Small Business

Getting the Best Price for Your Small Business

by david@numbercraft.us | Aug 25, 2023 | GUIDES: Exiting & Selling Resources

Like beauty, value is in the eye of the beholder. Your business is worth what the highest bidder thinks it is worth – unless you can convince them otherwise. Consider what most buyers will be looking for. Stability The longer your business has been operating, the...
The Importance of Business Planning

The Importance of Business Planning

by david@numbercraft.us | Aug 25, 2023 | GUIDES: DIY Business Plan Preparation

When you are setting out and everything is moving so quickly, it’s easy to deviate from where you intend to be. If you don’t have a business plan, you might compromise growth or miss out on opportunities by sweating the small stuff and not focusing on what matters...
What to Include in Your Business Plan

What to Include in Your Business Plan

by david@numbercraft.us | Aug 25, 2023 | GUIDES: DIY Business Plan Preparation

A successful business is one that’s built around a solid business plan. It’s the architecture you base your business on, and a tool that’s always in use to make sure you’re on track. A business plan is also something that you’ll be required to share with your bank....
How to Raise Capital for Your Business

How to Raise Capital for Your Business

by david@numbercraft.us | Aug 19, 2023 | GUIDES: Financial Resources

Before you go down the path of seeking capital from outside your business, identify any other ways of raising capital. For example, do you have any savings (either in the business or you personally) that you could use? If you have unused assets in the business...
Buying a Business: How Much Should You Invest?

Buying a Business: How Much Should You Invest?

by david@numbercraft.us | Aug 19, 2023 | GUIDES: Resources for Starting Up

It can be easy for your heart to rule your head when you find a business you want to buy. However, if you don’t do thorough research before signing on the dotted line, you may regret it. Before buying a business, you need to establish its worth and whether the returns...
Why It Can Pay to Buy an Existing Business

Why It Can Pay to Buy an Existing Business

by david@numbercraft.us | Aug 19, 2023 | GUIDES: Resources for Starting Up

If you’re looking impartially and unemotionally at the options ahead when starting your own business, you have to admit simply buying one already in operation is incredibly appealing. Not only do you get experienced staff and an existing customer base, you also get an...
Ten Marketing Priorities When You Start Your Business

Ten Marketing Priorities When You Start Your Business

by david@numbercraft.us | Aug 19, 2023 | GUIDES: Sales & Marketing Resources

1. Build credibility quickly Why should people buy from a new business? Your first challenge is to overcome their doubts by building trust and credibility quickly. Some tips: Promote your skills and experience, plus those of your staff and associates. Join your...
Nine Ways to Retain Great Employees

Nine Ways to Retain Great Employees

by david@numbercraft.us | Aug 19, 2023 | GUIDES: Resources for Managing Teams

While your tools, skills and reputation allow you to operate, it’s your staff who can often influence your trade business’s progress. Hiring great workers is only half the solution. Once you hire them, you’ve got to retain them. Here’s how. 1. Know your people One of...
Protect Yourself and Your Data: Proactive Steps for Living Safely in the Digital Age

Protect Yourself and Your Data: Proactive Steps for Living Safely in the Digital Age

by david@numbercraft.us | Aug 19, 2023 | GUIDES: Management Resources

These days your personal data is everywhere, and that information is valuable to marketers, hackers and everyone in between. If you want to prevent the unauthorized use of your personal information, you need to take a proactive approach to protecting yourself and your...
Building an Online Distribution Channel

Building an Online Distribution Channel

by david@numbercraft.us | Aug 19, 2023 | GUIDES: Increasing Profit

Online distribution frees you geographically. Where you might have been selling your product or service locally, opening an online distribution channel means you can sell it on a global scale, which is an effective way to grow your business and boost your brand....
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