The day-to-day hustle of your business can easily send your intentions to oblivion, leaving you in a constant state of chaos and confusion. With fires to put out in every corner, you are drawn into a reactive state of mind that you carry with you into the next day, week and year. Before you know it, you are nowhere near where you thought you’d be, leaving the fate of your business to chance. You feel like you’re failing as an entrepreneur and as the leader of your company.
It doesn’t have to be that way!
For more than 14 years, Altima Business Solutions…read more
Running a successful business requires more than hard work and a great product or service. It also requires capital. At some point in a business life cycle or operations cycle, the net profits are not sufficient to finance alone the increased activities and expenses thereof. No shocker here: One of the biggest challenges for entrepreneurs and small business owners is finding the funds necessary to grow their businesses.
New to the financing world, you will have a difficult time getting the attention of lending institutions or investors. You need professionals to help you develop a viable strategy, identify the right lenders and investors, and make the important connections. Choosing the right method of funding…read more
For moderately sized companies in the $2 million to $20 million range, senior management often turns to their Certified Public Accountant (CPA) for advice about business finances because they don’t have a Controller or Chief Financial Officer (CFO) on staff. What they will get from a CPA is a financial opinion based on the CPA’s perspective on regulatory compliance, taxes and tax law. in most situations, the opinion will not include the necessary strategic insights and analysis related to the health, value and achievement of the long-term goals of the business.
When the CEO is being distracted from critical revenue-generating activities to handle financing or similar issues, it’s time to…read more
The goal of every business is to build a perpetually recurring revenue stream. The link between customer loyalty and true, sustainable, organic growth is well established. But the reality is that, the day-to-day hustle of a business, makes for an over-burdened schedule with little to no time for the management team to develop a marketing and branding strategy aligned with the overarching business objectives.
The answer is already in your business!
The most successful people, teams and companies get ahead by looking rearward — reflecting upon what worked, what didn’t and why…read more
Entrepreneurs quickly learn how lonely it is at the top. Regardless of the number of employees, the size and complexity of your organization, accountability for the company’s success rest on your shoulders.
The ‘Me, Myself and I’ approach to corporate governance certainly provides the ultimate control but entrepreneurs taking this path certainly miss out on the benefits that their Fortune 500 counterparts with their own boards are using to their advantage. Even Warren Buffett and Steve Jobs recognized they weren’t skilled enough to make decisions entirely on their own…read more