Call for more info (216) 593-0402
Contact Us

Finance

The Do’s and Don’ts of Small Business Spending

While it’s true that sometimes you have to spend money to make money, there’s a fine line between smart purchases and reckless spending when it comes to growing your small business. It’s all too easy to fall into the trap of overspending on things...

read more

Key Insights from Smart Business Dealmakers Q&A with Jeffrey Kadlic

In a recent Dealmakers Q&A with Smart Business Magazine, Evolution’s Jeffrey Kadlic calls on Congress to enact legislation that will open the doors to private equity as a viable investment option for more people. Under current law, an individual must be an accredited investor...

read more

The 5 Biggest Cash-Flow Mistakes Made by Small-Business Owners

It’s no secret that cash flow is one of the most important aspects of running a successful business – and, yet, that’s where many small-business owners fall short. In fact, a recent study by U.S. Bank revealed that 82% of startups and small businesses...

read more

5 Questions That Small-Business Owners Should Ask Potential Investors

The relationship between small business investor and entrepreneur is a two-way street. Just as an investor puts a lot of time, energy and resources into researching investment opportunities, owners should take the time to thoroughly evaluate potential investors when seeking capital for their growing...

read more

The Long and Short of Liabilities

Unlike assets, liabilities are money or services that your small business owes to another person or entity. Properly documenting and monitoring them can help you plan responsibly for future expenditures and foresee potential risks to your business’s financial security. As a crucial aspect of...

read more

5 Key Tasks Every Small-Business Owner Should Outsource

As any small-business owner knows, it can be easy to get bogged down by dozens of small tasks that end up consuming an entire day. In fact, a recent survey by The Alternative Board revealed that most entrepreneurs spend nearly 70% of their time...

read more

Current vs. Fixed Assets: What’s the Difference?

To understand your business’s financial stance, it’s imperative to keep track of its assets. Knowing the different types and carefully keeping track of them can increase savings, reduce risk to your business and improve future planning. But differentiating between fixed and current assets—amid a...

read more

Preparing Your Small Business for the Private Equity Exit Process

So much has been written about selling to private equity, but far less has been discussed about when private equity sells and what is done to prepare the management team for the private equity exit process. However, it is important to note that because all...

read more

4 Ways to Gain Capital and Support Small Business Growth

Launching a new business takes hard work and determination, but the struggle doesn’t end there. Growing and developing your small business can be just as tough if you don’t have the capital to support it. Currently, there are 28 million small businesses in America,...

read more

7 Ways to Attract Investors for Your Small Business

When it comes time to grow and scale their company, small-business owners are increasingly looking to investors as a means of securing that much-needed extra capital. Attracting an investor – whether it’s a private equity firm, venture capitalist or angel investor – is no...

read more

3 Financial Reporting Best Practices for Small Businesses

Financials, our first pillar in The Five Pillars of Business FreedomSM, is one of the most important elements for a growing business. Accurately tracking financial data plays a crucial role in monitoring the overall health and stability of your company. Although the endless number...

read more

How to Use EBITDA for the Valuation of Your Small Business

Selling a business can be a difficult decision for entrepreneurs to make, both on an emotional and financial level. There are a number of factors that come into play when determining an appropriate asking price, including competitive advantages, growth opportunities and historic financial performance....

read more

Debt vs. Equity Financing: Which is Best for Your Small Business?

When small-business owners need extra capital to grow and scale their company, it can be a challenge to figure out which type of financing is the best fit. Should you take out a business loan or look for an investor? Before making this important...

read more

Crowdfunding: The Latest Option in Small Business Investing

Crowdfunding for Small Business Investing

When you think of crowdfunding, websites like GoFundMe, Kickstarter and Indiegogo probably come to mind. Yet, despite the unparalleled reach and reputation of these popular crowdfunding sites, most entrepreneurs don’t view them as a practical solution for attracting the kinds of small business investors...

read more

With Plenty of Tools Available, Good Financials are a Necessity

The Importance of Finance in Small Business

Almost everyone who’s deeply interested in the entrepreneurial spirit has watched Shark Tank at one time or another. Yet, another popular TV show that focuses on the lives – and livelihood – of small business owners is The Profit, a reality program from CNBC...

read more

Key Performance Indicators: The Pathway to Measured Success

Measure of success conceptual using measuring tape

  One of the most relatable examples of a key performance indicator (KPI) comes from being a parent. It is amazing how preoccupied kids are with growing up. This is evidenced by how frequently they measure themselves, followed by predictions on if they will...

read more

Innovative Funding Changing Finance Landscape

Crowdfunding for Small Business Investing

I read a great article in The Wall Street Journal titled The Uberization of Money.  The title is obviously derived from the leading ride sharing company, Uber.  According to the article, the title was chosen because the trends in money and investing are similar...

read more

The Power of Profit in Small Business

The Power of Profit in Small Business

As an entrepreneur and small business owner, your company’s sustainability and growth prospects are reliant on the financial health of your organization. And at Evolution, we feel that not only understanding the financial levers that drive your business are imperative, but monitoring these identified...

read more

Financial Dashboards in Small Business

Financial Metrics in Small Business

With few exceptions, there’s a good chance every vehicle you’ve driven has come equipped with a dashboard, displaying everything from your automobile’s speed and fuel level to its engine temperature and RPMs. Without this display available, it would be extremely difficult to know how...

read more

Valuation versus Value Creation

value is created when a strategy is created and executed

On a recent episode of The Second Stage, we had the good fortune of speaking with Dr. Carl Sheeler, Managing Director at Berkeley Research Group and author of Equity Value Enhancement: A Tool to Leverage Human and Financial Capital While Managing Risk. During our...

read more