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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...

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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...

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5 Red Flags to Look for When Buying A Small Business

5 Red Flags to Look for When Buying A Small Business

Acquiring or merging with another small business can significantly accelerate your growth strategy, or mark the beginning of an exciting new venture. At Evolution, we’re all about leaping into enterprising opportunities and taking calculated risks. But we’re always sure to watch for the five...

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8 Key Metrics Every Growing Business Should Track

When it comes to running your small business, knowledge is power. But it’s what you do with that knowledge that really counts. As your business grows and evolves, it becomes increasingly important to track and analyze key metrics that reveal how your business is...

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Visionaries vs. Operators: Which One Are You?

Operators vs. Visionaries

Visionaries and operators are like the yin and yang forces of an entrepreneurial undertaking. Their opposite approaches to management complement one another to create a dynamic system that’s more effective and balanced than one dominant approach. Like the infamous leadership styles of Apple’s Steve...

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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...

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4 Signs It’s Time to Hire More Employees

4 Signs It’s Time to Hire More Employees

Hiring for a small business involves a delicate balance. Investing in good employees is necessary for scaling your business, but hiring too many people too soon can cause cash flow and management problems. It’s also important to be certain that it’s the right time...

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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...

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Exit Planning Tips From an Expert

Scott Snider knows how to make an exit. As Vice President of the Exit Planning Institute, he leads hundreds of Certified Exit Planning Advisors from across the globe who help lower middle market business owners build value in and exit their companies. Apt to...

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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...

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3 Tools to Assess Your Small-Business Leadership Team

The most important factor behind the success – or failure – of a small business boils down to the effectiveness of its leadership team, interactions among team members and the strategic plan that is driving the business forward. A lot can be said about...

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4 Tips to Get More Value Out of Your Professional Network

Tips to Get More Value Out of Your Professional Network

Growing your professional network is a lot like growing your small business—it’s a thrilling, arduous and nerve-wracking endeavor. But networking and business growth go hand-in-hand. Being well-connected can lead to enterprising business opportunities, which in turn connects you with other professionals. And, the importance...

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3 Key Characteristics of an Effective Leadership Team

We’re all familiar with the adage, “A team is only as good as its leader.” And it couldn’t ring truer. When it comes right down to it, a leader has the power to either make or break a team. Having effective leadership in place...

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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...

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Why Small-Business Owners Should Do More Reading

Accepting that you have a lot to learn is fundamental to achieving sustained small-business growth. Ultimately, everybody always has room to improve—and admitting this is not a weakness. But many small-business owners resist the notion that they are not the independent, steel titans with...

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2017 Annual Leadership Summit

Each year we host our Leadership Summit and Annual Meeting in support of our growing list of active partner companies and business investors. Held at our headquarters in Cleveland, Ohio, the meetings and workshops allow opportunities for our leadership teams to share best practices, what’s worked...

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Top 3 Entrepreneurship Podcasts to Help Grow Your Small Business

Listening to a favorite podcast regularly is almost like having a mentor whispering words of wisdom in your ear all the time. And for the busy entrepreneur, podcasts are an ingenious way to make the commute or lunch hour more productive by lumping continuing...

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Forecasting Growth: 5 Predictive Metrics to Consider

Forecasting growth may not seem like a high priority to small business owners who are focused on the daily hustle needed to build and upkeep business, but forecasting is important for planning long-term strategy. According to an INSEAD research study, “Correctly recognizing emerging changes...

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5 Tips for Attracting and Hiring the Right Talent for Your Small Business

When it comes time to hire new employees, most small-business owners are so bogged down with day-to-day business operations that it can be tempting to just push out a job posting and call it a day – but that’s not nearly enough. It’s important...

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What to Expect When Selling Your Small Business to Private Equity

Selling the majority share of your small business to a private equity firm can create growth opportunities that may ultimately increase the value of your business–so much so that the minority share you negotiate for ends up being worth more than the majority share...

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