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Small Business Growth

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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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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2018 Evolution Leadership Summit: Collaboration & Culture

2018 Leadership Summit-Collaboration and Culture-Blog Image

For the second year in a row, the Evolution Community made its spring trek to the Windy City for our semi-annual leadership summit. The summits are an opportunity for leadership teams at each of our partner companies, and at Evolution, to share best practices,...

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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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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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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...

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What the Top 1% of Small-Business Owners Do to Achieve Sustained Growth

Of the mere 25% of small businesses that survive the first 10 years, just 1-2% experience growth. These abnormally successful businesses are often twice-exceptional. Not only do the ventures outlive the average lifespan of a small business, but the top 1% of small businesses...

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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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Small-Business Owners, Jump Feet First into 2018!

We would like to take this time to thank you for being a member of the Evolution Community, we are truly grateful that you are here with us on this journey! We strive to share content (both original and curated) that supports our purpose...

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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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Age-Old Debate: Which is Better for Sales Leads – Quantity or Quality?

When it comes to sales lead generation, it’s all about numbers. The more the better, right? Not necessarily. To address this age-old debate between quality vs. quantity, we once again reached out to Susan Williamson, a sales operations consultant at Monolith Software, to get...

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Ready Your Small Business for a Capital Raise or Sale

As private equity investors, we are buying or selling companies all of the time. It’s because of this role that I have the good fortune of seeing both sides of the capital raise or sale discussion. When having this discussion there are numerous items...

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4 Questions to Ask When Selecting the Right Business Partner

When looking for a business partner choosing one that fits your corporate culture is vital for the future of your company. Together, both of you will share ownership, contribute to all aspects of the company including money, property, labor and skill, and share in...

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The Power of a Believable Sales Pipeline

A sales pipeline is a tool that tracks prospects as they progress through the stages of your sales process. It should contain information such as: Company name Contact Sales owner Expected sales volume Approximate closing date Win probability Reason(s) for losses A believable sales...

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