Features
Small Business Daily: Acquisition or Expansion As the Best Route to Growth
Companies that ask our advice are often seeking funding to grow. Sometimes by acquisition, sometimes expansion. Both options are viable and both can be risky. Acquisition-driven growth can be fast, and complex. In the article linked here from Small Biz Daily, we lay...
Midlands Anchor: What Makes an Entrepreneurial Ecosystem
It's hard to build a business in isolation. The impact of industry clusters is significant, and businesses grow when communities support them. A good example is the expansion of TCube Solutions in Columbia, SC: founder got experience in a big company in the industry...
Getting Financially Savvy with Your Finance Department
On November 14, the Nashville Business Journal ran a Career & Workplace blog post by me. The takeaway is that it's expensive and probably unnecessary to hire for all the "Chief Financial Officer" skills a growing company will need, just like you probably wouldn't...
When NOT to Accept an Offer For Your Business
On November 8, Startup Southerner published an article by me about exit strategies for entrepreneurs. Take-away: Be careful about offers to buy your company. Sometimes "no deal" is the best deal, and sometimes saying this early, before you've sunk time and effort into...
An Interview with Start It Up Radio
Our dedication to the startup community means that we've listened to our faire share of pitches from early stage companies. Some have been good, others bad. In his recent Start It Up radio interview, Frank revealed his tips for making that 10-minute presentation...
Understanding Your Company’s Worth—A Step-By-Step Guide to Business Valuations
Because business owners are not immortal, every business faces one of two fates at some point: sale or closure. And every business owner—at least, every one I’ve known—prefers the former over the latter. Yet, very few of the 15,000 business owners in Greenville—much...