JDT Advisory
Business owners often have a whirlwind of concerns. From economic fluctuations to competitor strategies, many factors can impact your success. How do you decide where to focus your time and energy for maximum impact? The Venn Diagram of Focus is a great framework to help you decide how to prioritize your time and effort. Two circles, …
When David Perry started his video game company, he filled his office dartboard with the names of companies he thought would someday want to buy his business. Why would an entrepreneur with a startup business that had no revenue or employees be thinking about potential acquirers so early? For Perry, it came down to something …
Business owners often ask themselves, “When is the best time to sell my business?” In my experience, the very best time to sell your business may be when someone wants to buy it! While it can be tempting to think about growing your business forever (particularly when things are going well), that option comes with a …
Small and midsize businesses (SMBs) often operate solely to fund the owner’s lifestyle, but the most valuable companies are run with financial rigor. You may be years away from selling, but formalizing your operations now will significantly impact the future of your business. When it is time to transition the ownership of your business, you will receive …
