Selling Your Business? Stop Leaving Money on the Table

Key Highlights

  • Current market conditions are prime for selling a business. The market is experiencing high multiples due to plentiful dry powder held by private equity firms, record amounts of cash held by strategic corporate buyers, a low interest rate environment, and high prices for publicly-traded equities.
  • The time it takes to sell generally ranges from five to twelve months. The determining factors around timing include the size of your business and the dynamic balance between buyers and sellers in the market.
  • Valuations are more of an art than a science. The best business valuation methods typically involve cash-flow. Still, the three most commonly utilized valuation calculations are the discounted cash flow, market multiples, and asset valuation.

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Professionalism in the Workplace

I’ve been working since 2011 and I’ve met different people from different industries. Professionalism not only inside the workplace, but also outside the physical office, is one of the most important traits and also one of the most difficult to master.

What I will write in this article is my personal experience. Please feel free to comment what you think, professionally. 🙂

First, I would like to say that I am not a role model. I am also in the process of practicing professionalism. It’s a broad term, but you can think of it as being polite as much as possible, and not letting your emotions control you especially in difficult situations. I know I still fail in that, so like I’ve said, I am still practicing.

I would like to start by criticizing myself. Here are my weaknesses, and I know some of you might relate.

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The 5-step Process for Turning Your Blog into a High-Conversion Funnel

The blog. It’s the oft-overlooked stepchild of a website; yet, positioned properly, it can generate an almost unlimited number of highly qualified leads.

There is a proven, five-step process for transforming your blog into a high performing conversion funnel engine for acquiring qualified prospects. We’ll go through examples of blogs that are doing it right—along with some examples of what not to do. No matter what you’re selling, you’ll learn how to design your blog for maximum conversion success.

Every business with an online presence has steps that a person must follow to become a customer. Whether people are buying your product or signing up for some other service, there will always be a certain number of steps they’ll have to take before they open their wallets and give you their hard-earned money.

The process by which you engage your prospect and turn them into a paying customer is called a sales funnel. A funnel exists at every one of your touch points—and one of the most valuable of these is your company’s blog.

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Stay Cool: How to Take Design Feedback Strategically

Design is part art and part science. You’re applying your skills and knowledge to solve specific problems and, very often, to support the goals of your clients as well as your end users. At each stage of a project, designers should receive—and should welcome—thoughtful feedback that will help them arrive at an optimal design solution.

Being receptive to feedback, however, is its own challenge. You’re putting your own thought process and creativity up for critique, often by a mixture of fellow designers and laymen alike—yikes. To stay cool, you must learn to not take any reasonable critiques personally. To make it useful, you must be able to interpret and assess feedback and apply it strategically to your process.

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How Not To Manage Your Remote Team of Developers

As a developer and small business owner, I’ve had insights from both sides, I’ve worked as a remote developer and managed remote developers for different projects and with different teams.

In this post I’ll share some of my experiences in the hope that it will make life a bit easier for all parties in remote projects. When it comes to do’s and don’ts of remote team management, I tend to focus on “don’ts” – because unlike “do’s” they tend to apply to practically every team.

how to manage remote developers

When entering the remote developers’ world, the biggest obstacle that managers must overcome is to change their mindset by accepting that the developer will not be in plain sight, and where they can manage and follow the work being done. This new paradigm requires businesses to implement a number of mechanisms to track progress and avoid a redundant workload. Such mechanisms will help both manager and developer be more productive, which is in everyone’s best interest.

To make it clear, all these mechanisms should not be used to control or micro-manage the employee.

Don’t Believe In Remote Team Myths And Misconceptions

Let’s take a look at the pros and cons of managing remote teams on a single project, by starting with communication.

Business has gone global, and the advent of vast, multinational organisations has created new challenges for millions of professionals around the world. The complex and intertwined nature of global teams demands a more thorough and thoughtful approach to internal communication.

In such organisations and teams, many individuals don’t have the luxury of working in familiar surroundings or speaking their native language. Teams working on the same project might be separated by oceans, rather than offices and cubicles. Team members come from different cultures and work across the globe.

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