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Small Business Growth

How to Improve Your Cash Flow

We have discussed the 5 Pillars of Business Freedom and how they are essential to helping business owners get back to doing what they love. So today we will dive deeper into the first pillar, getting your business’s cash flow in order. This is...

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5 Pillars of Business Freedom

5-pillars-of-business-freedom

One of the most common frustrations we see business owners encounter is working in their business instead of on their business. Basically, the day-to-day monotonous requirements of keeping the business running are monopolizing their focus so they aren’t free to be forward looking and...

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Defining Your Target Audience

Last week on our show Gabriel Shaoolian touched on the importance of knowing the profile of your target audience AND the ability to know where to find them. On today’s show we dive into this topic much deeper. The ability to define your ideal customer or...

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Learn What it Takes to Be a Continually Growing Business with Second Stage Entrepreneurship Author Daniel Weinfurter

On this week’s episode of The Second Stage we were pleased to have the opportunity to speak with serial entrepreneur and author, Daniel Weinfurter. Sharing Evolution’s passion for Second Stage Companies and the tremendous impact they have on the US economy and employment, Mr. Weinfurter...

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The Simple Facts about the Affordable Care Act

A timely and important topic for all, but in particular small business owners, we were pleased to have with us on today’s show experts from Oswald, Rob Edmonds and Andrea Esselstein, to help us navigate the waters around the Affordable Care Act.    While the...

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Accountability, Everyone gets the job done

With our guest, Brent Sapp, CEO of Inc. Navigator, today we discussed the fifth and final pillar of Business Freedom, Accountability. Last, but by no means least, with the first four pillars in place (Financials, Plan, People and Transparency), Accountability ensures that there is...

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Friday News Nugget: Lather. Rinse. Repeat

Every week we pick an article that we love here in the office, share some of our thoughts and discuss what’s happening in the world of entrepreneurship, business growth and capital. We’d love to hear what you’re thinking too. Continue the dialogue in the...

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Attract your dream team

With the first two pillars in place (great financials and a detailed plan), business owners now have the freedom to attract their dream team.   In today’s episode of The Second Stage we focused on the importance of having processes, structure, a mission and values in...

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Have a plan, make your vision a reality

In today’s episode of The Second Stage we discussed the second of five pillars key to building a foundation for scale and experiencing business freedom, having a plan! Helping us outline the importance of planning, as well as provide actionable advice, was entrepreneur and strategic...

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Friday News Nugget: Think Profitability

Every week we pick an article that we love here in the office, share some of our thoughts and discuss what’s happening in the world of entrepreneurship, business growth and capital. We’d love to hear what you’re thinking too. Continue the dialogue in the...

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Get your cash flow in order

As a recap from last week, we talked about the importance of small businesses as it relates to employment in the U.S., we discussed our backgrounds and defined the meaning of Second Stage Companies.  On today’s show we highlight the first and foundational pillar...

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Delegation Dilemma: The Hand Off (Part 2 of 2)

As discussed in Part 1, there are a number of mission-critical items that a business owner is responsible for defining, overseeing, and managing on a daily basis. There are however many responsibilities which can be effectively delegated to other members of the organization, thereby...

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Delegation Dilemma: Tasks to Keep (Part 1 of 2)

As a small business owner, there’s a good chance you’ve already figured out two of the most important and immutable laws of business: There are never enough hours in the day to accomplish every task that needs completion; and that unless human cloning is...

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If I take a private equity investment, what do I tell my employees?

Communicate. Communicate. Communicate. Once the founder of a business has met every hurdle to secure a private equity investment – the diligence complete and the closing imminent – many wonder what the right course of action is for informing their employees about this new...

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The Paradox of Private Equity Preparation for Small Business Owners (Part 2 of 2)

Focus on your growth plan As discussed in part 1 of this blog, just as a homeowner might weigh whether or not to install new carpet to make their home more attractive for potential buyers, small business owners face similar decisions when preparing their...

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The Paradox of Private Equity Preparation for Small Business Owners (Part 1 of 2)

value is created when a strategy is created and executed

Should you overhaul your infrastructure or remain focused on the successful execution of your business plan and value proposition to the marketplace? At a certain point in the lifecycle of many small businesses, the founder will determine that an infusion of outside capital from...

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Has Your Business Growth Been Flatlined by the “Capital Gap?”

The English language is punctuated with familiar quotes, parables, and idioms – sayings which are passed down through the ages as timeless wisdom for future generations. One of our most popular sayings – “Experience is the best teacher” – acknowledges the fact that some...

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Is Your Business “In The Zone”?

As any leader of a growing business will tell you, there are certain thresholds in terms of company size that are optimal, where everything feels aligned, measured, and proportionate. Companies achieving this “cruising altitude” typically realize increased levels of revenue, profitability, and growth, yet...

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Partnering with Private Equity: Defensive Strategy

While the offense-minded game plan for rapid growth is usually the best recipe for success, as discussed in the last blog (Partnering with Private Equity: Offensive Strategy), there are times when playing great defense and simply “controlling the tempo” on offense is a superior...

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Partnering with Private Equity: Offensive Strategy

When considering whether or not to pursue an infusion of private equity capital to fuel corporate growth, business owners typically fall into one of two camps – Offensive or Defensive – and it’s up to the company’s Board, or an informal group of personal...

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