I talk a lot about buying businesses Wholesale Bengals Shirts , but in this article I want to talk about how you should run a business if your intent is to sell it down the road.
Here's a question I recently received on this subject:
I'm in the early stages of building my business, the third year, and I'm building it with the idea of selling it to someone down the road. What should I be concerned with as I build my business to make it attractive to a buyer down the road??
The first two things that make it attractive to a buyer is increase in sales and profit every year but very few peaks and valleys.
Think about it: When you're buying a business, do you want a bunch of inconsistencies in the sales and growth? Or do you want to see a steady Wholesale Bengals Jerseys , and easily predictable progression of profits each and every year?
The other thing that is important, that makes it very attractive to a buyer, is strong management. In other words, you've brought people in Cheap Bengals Hats , maybe even beginner people, you've trained them, they've come along, and you have a very good management team in there because that's the thing that carries the business forward. A smart buyer is not going to want to mess around with changing things around. They want to be able to just sort of step in and keep things going without interruption.
If you have a good management team in place already -- who know and understand the business Cheap Bengals Hoodies , the employees and how everything works -- then a buyer will know he won't have to do all that much once he steps in.
Lost to a bandicoot and elephant comparison... dear corporate Business Articles | February 15, 2013 Normal 0 false false false MicrosoftInternetExplorer4 Many bosses in the corporate do compare the capability of one employee wit...
Normal 0 false false false MicrosoftInternetExplorer4
Many bosses in the corporate do compare the capability of one employee with the other and commonly belittle their subordinates.? They even goes to an extent of comparing how the office boy is so meticulous, focused and intelligent in keeping the office clean and doing the assigned job etc.,? Whereas Cheap Bengals Shirts , the qualified managers are not completing the assigned projects with the same discipline of an office boy.?
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The question is whether such comparison is wise.? Let use not discuss or validate whether such comparison is right as such question may search its answer from the premises of ?morality?, ?values & beliefs? and ?ethics?.? We need to define the answer to the above question more from science that exists in nature.
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Look at the paradoxcontrast that exists in nature.? The gestation period of short-nosed bandicoot is just 12 days.? In every 13th day, the short-nosed bandicoot delivers its pups, post mating.??? On the contrary Cheap Bengals Jerseys , the gestation period of the African elephant is 22 months, i.e., 660 days.?? Only ones in every 661st day, the African elephant delivers her calf.?
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The number of pups delivered by the short-nosed bandicoot is much larger (5-6) than the single calf of the African elephant.? One can compare and states that the short-nosed bandicoot to be very efficient in its reproduction than the African elephant. In fact such statement appears to be true also.
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Truth or fact should not be seen as the just end pointproduct of comparison but one has to see fundamentally whether the comparison is made between the ?comparable? ones.?? Nature has several examples for the corporate not to compare but to learn and understand the intricacies of the corporate management.?
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The bosses should restrain from making wrong references Mark Walton Hat , comparison and citations.? The job of an office boy may be ?repetitive? in nature where the perfection can be achieved easily.? Further, the corporate bosses also may not evaluate the performances of the office boy so closely.? Whereas the job completion of the manager or the people in other ranks, requires knowledge, experience Malik Jefferson Hat , intelligence and hence it may lack speed and apparent perfection like that of the office boys? job.?
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There are instances, the owners of the corporate used to compare their CEO?s with managers and release statement that the managers are far better than the CEO?s.? In corporate, comparison and making wrong judgmentconclusion through wrong examples are very common.? Never a short-nosed bandicoot becomes a match to an African elephant.?
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The comparison of gestation period may appear right, but the animals under comparison are indeed incomparable.?? Comparison should always motivate people and not whip or humiliate.? The corporate bosses must essentially learn the above management message from the short-nosed bandicoot and African elephant.
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Dr S Ranganathan Sam Hubbard Hat , ClinRise Derma Pvt., Ltd., Chennai
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Learn more from the following management books
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Jungle wisdom for corporate management ? lessons from the university of nature by Swami Sukhabodhananda and Dr S RanganathanNature ? The Entrepreneur by Dr S Ranganathan * Style Definitions * table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;}