by Jim Schleckser | Oct 13, 2020 | Acquisitions
The leverage in cost reduction and growth opportunities. I have talked before about using due diligence as an integration-planning process. One of the key aspects you are looking for in that planning process when doing an acquisition is synergies. Finding these...
by Jim Schleckser | Oct 6, 2020 | Business
A cautionary tale from book publishing. I have written before about how digitization and virtualization new can help reduce costs and enable your business to access the talent you couldn’t reach otherwise. But business digitization also has a dark side. If used...
by Jim Schleckser | Oct 2, 2020 | Acquisitions
It’s like a house inspection for your business We have all heard of the process called due diligence. But unless you’ve been through the process, you might be unclear about what it really means. At a basic level, it’s a process of de-risking the...
by Jim Schleckser | Sep 22, 2020 | Talent
Take on the responsibilities of the next role to show you can do the work first When I was growing up, my dad gave me a piece of advice that I think is worth passing on. He told me that if I wanted to get a promotion at work, the best way to get it was to take the...
by Jim Schleckser | Sep 15, 2020 | Acquisitions
It’s all about maximizing the return. Most entrepreneurs are allergic to debt. And for good reason. I’ve written before about how much debt your business can afford to take on. If you approach a bank about taking on a loan, they’ll typically ask for...
