When I was a little kid, I had a toy cash register in my room. I loved to play store, so I priced everything in my room and would randomly pick up items and ring them into the cash register Continue reading Focusing on Gross Margin
Back in 1998 was the first time I used BizBuySell.com to find a business for sale and I have never stopped perusing the listings on their website. A large amount of my entrepreneurial education has come from reading the one Continue reading Window Shopping for a Business
The year end procedures in business – counting, inventory, summarizing, comparing – the bookkeeper in me loves this time of year. While it may seem early, I have already printed a preliminary year over year comparison Income Statement. But this Continue reading Year End Inventory
In the noisy online world of social media, sometimes you wonder if blogging still matters. For a business, a blog gives you a chance to share your expertise and authority in your niche or industry. Additionally, the content you put Continue reading Blogging still matters
The infographic below was made in 2011, look at how many areas Amazon has executed and crushed it (the Nook?). Amazon’s secret weapon is reputation, they have managed to grow in multiple arenas and somehow not come off as the Continue reading Why do we love Amazon?
A recent survey conducted by bizbuysell.com of 1,500 people who are interested in buying or selling a business has a few insights worth noting. There is always a strong divergence of opinion and sentiment between buyers and sellers which is Continue reading Where Buyers and Sellers Disagree