Book Club #19: Delivering Happiness, by Tony Hsieh

Book Club #19: Delivering Happiness, by Tony Hsieh

Many business books offer solutions or systems or case studies to make their point.  Very few offer a simple narrative with lessons gleaned on the journey. Tony Hsieh’s Delivering Happiness: A Path to Profits, Passion, and Purpose, happens to be one of those books.  ...
Should You Grow Through Acquisition?

Should You Grow Through Acquisition?

There are two ways you can grow your business: the fast way or the slow way.  What’s important is that there is no easy way. Both have their pros and cons, and in this article, we’ll examine the question of whether you should grow your business through acquisitions....
Case Study #23: Wash, Rinse, Repeat

Case Study #23: Wash, Rinse, Repeat

Tom Hannon had not one, but three exits out of businesses. Not just in the same industry, but in the same type of business. The original company was named FPD and it published and distributed free publications both to retailers and direct to consumers.   Think of any...
Three Things Buyers Need to Make a Great Start

Three Things Buyers Need to Make a Great Start

Buyers have different reasons for buying businesses and even more varied ways they wish to operate them once they take over. In this article, we won’t be discussing those businesses that will be near 100% absentee or will require a complete tear-down and reboot. ...
The Profit Needs of Your Buyer

The Profit Needs of Your Buyer

Part of the process on the seller side of a transaction is deciding to sell and getting a valuation. As buyers scrutinize the businesses they examine, there are three questions we encourage them to consider. All of them are centered, understandably, around profit....