1865 W Wayzata Blvd, Suite 218, Long Lake, MN 55356.
Archives
September 1, 2020
Enhance the expertise and service offerings available to their clients.
August 26, 2019
They Can Succeed If Effectively Planned and Structured Properly Certain industries seem to have very high levels of family involvement and succession. Restaurants, retail stores, farms, construction contracting, are examples of businesses that remain under family ownership and operation for generations. Although most industries have many family-owned firms. Businesses that require advanced education like medical […]
June 7, 2019
What Leads to a High-Performance Business? When you mention the term “high-performance” you usually think of cars, not businesses. What is a high-performance car? We think it is: “A performance car is an automobile that is designed and constructed specifically for speed. The design and construction of a performance car involves not only providing a […]
February 7, 2019
Summary Current economic conditions, trends, risks and outlook indicate a MEDIUM HIGH level of valuation risk. Significant risks include: U.S. Budget deficit ramifications U.S. National debt again hits new all-time high at $22.1 trillion. Rising interest rates from current low rates would significantly impact the U.S. budget deficit. Even though the National Debt increase […]
August 17, 2018
Negotiation is an Art, a Skill, and a Risky Business if You’re not Experienced. When you’re selling your business there are literally dozens of factors to consider, some tangible and some intangible. The first is usually price, and then there are things like a timetable, special considerations, addendums, exclusions, etc. But the actual transaction is […]
June 13, 2018
Not everyone looks forward to retirement. Many people, especially those who are in positions of control, power, and esteem, enjoy going to work every day and really don’t like the thought of puttering around the house or going on cruises for the rest of their lives. When you own a business, you might believe that […]
May 22, 2018
When you are trying to determine the value of a business, it’s not as simple as many other goods and services we buy and sell every day. The value of a business will often relate directly to the buyer’s goals and plans for that business. Some people run their businesses as hobbies and aren’t that […]
April 3, 2018
Happy Employees Stay on Board, Maintain High Customer Satisfaction, Boost Profits More than half of an auto dealership gross margin goes to employee payroll and that number goes even higher every time a worker leaves and a new person needs to be screened, hired, and trained. Every time a member of the team walks out […]
March 28, 2018
Accent the Positive, Divest the Negative, and Make it Shine! Perhaps you’ve heard the adage “never buy a car on a rainy day.” The thought behind it is that on a rainy day, even a faded old car will look shiny, and it’s hard to spot imperfections when it’s covered in water droplets. If you’re […]