In a survey conducted by Entrepreneur, 58% of business owners said that they experience “above average” stress, with 80% stating that money issues play a role in their mental wellbeing. When the weight of your business is on your shoulders, it’s nearly impossible not to get wrapped up in being everything for everyone. That’s why self-care ...
https://catalystecr-media.s3.us-east-2.amazonaws.com/wp-content/uploads/2020/02/06062622/woman-holding-gray-ceramic-mug-846080-scaled.jpg17072560Catalyst Group ECRhttps://catalystecr-media.s3.us-east-2.amazonaws.com/wp-content/uploads/2019/06/06062745/main-logo-300x138.pngCatalyst Group ECR2020-02-19 11:32:522020-02-19 11:32:55Self-Care Tips for Busy Business Owners
If someone asked you how your business was doing, what would you say? Would you be able to cite data points? Would you be able to justify your ad spend with numbers? What about explaining your choice to hang on to a troublesome employee until you find someone ready to fill the position?
For business owners ...
https://catalystecr-media.s3.us-east-2.amazonaws.com/wp-content/uploads/2020/02/06062624/chart-close-up-data-desk-590022-scaled.jpg16952560Catalyst Group ECRhttps://catalystecr-media.s3.us-east-2.amazonaws.com/wp-content/uploads/2019/06/06062745/main-logo-300x138.pngCatalyst Group ECR2020-02-03 16:25:412023-03-28 11:56:23The 6 KPI You Should Already Be Tracking
There are few professionals that don’t put at least some time into networking. After all, the old saying goes, “It’s not what you know, it’s who you know.” Whether you’re networking with clients for sales or with leaders in the field for partnerships, there’s value in every relationship that you build.
But, for busy business owners, ...
https://catalystecr-media.s3.us-east-2.amazonaws.com/wp-content/uploads/2020/01/06062627/pexels-photo-1181400.jpeg15002247Catalyst Group ECRhttps://catalystecr-media.s3.us-east-2.amazonaws.com/wp-content/uploads/2019/06/06062745/main-logo-300x138.pngCatalyst Group ECR2020-01-16 09:59:232020-01-16 09:59:27It's Who You Know: The 5 Types of Networking
In a world with a fast food burger restaurant on every corner and a gas station on every block, you may be surprised that so many places that do the exact same thing or sell the exact same product can co-exist in one area. What is it that makes people choose one over the other? ...
https://catalystecr-media.s3.us-east-2.amazonaws.com/wp-content/uploads/2019/12/06062632/pexels-photo-303324.jpeg15002250Catalyst Group ECRhttps://catalystecr-media.s3.us-east-2.amazonaws.com/wp-content/uploads/2019/06/06062745/main-logo-300x138.pngCatalyst Group ECR2019-12-12 15:45:332019-12-12 15:45:35Competitive Advantage and Business Value
It’s hard to quantify all of the talents, strengths, and flair that your employees possess. In fact, calculating the dollar amount that an individual is worth can feel a little distasteful.
Skipping this critical process in the valuation of your company, though, leaves money on the table. Whether it’s their ability to stay calm in a ...
https://catalystecr-media.s3.us-east-2.amazonaws.com/wp-content/uploads/2019/12/06062633/pexels-photo-3182826.jpeg15002250Catalyst Group ECRhttps://catalystecr-media.s3.us-east-2.amazonaws.com/wp-content/uploads/2019/06/06062745/main-logo-300x138.pngCatalyst Group ECR2019-12-10 10:35:552019-12-10 10:35:57Tapping Into the Business Value of Employee Talent
If there were one facet of business value that ranked as highly as year-over-year profits, it would be intellectual property. Everything from patents to trade secrets are worth something on the market, especially if it plays a major role in the success of your business.
As you near your business transition, it is imperative to use ...
https://catalystecr-media.s3.us-east-2.amazonaws.com/wp-content/uploads/2019/11/06062635/M7MP0ATTWL.jpg640960Catalyst Group ECRhttps://catalystecr-media.s3.us-east-2.amazonaws.com/wp-content/uploads/2019/06/06062745/main-logo-300x138.pngCatalyst Group ECR2019-11-14 07:08:002020-11-20 10:07:33Intellectual Property Adds Major Value to a Business Sale
When it comes to having know-how, you have to know what can your business do that no one else can?
It’s a tough question to answer, especially if you work in a market that already seems saturated with companies selling the same product or service as you.
Often, though, we forget about the accumulated knowledge that the ...
https://catalystecr-media.s3.us-east-2.amazonaws.com/wp-content/uploads/2019/10/06062637/daydreaming-desk-hair-6384.jpg36485472Catalyst Group ECRhttps://catalystecr-media.s3.us-east-2.amazonaws.com/wp-content/uploads/2019/06/06062745/main-logo-300x138.pngCatalyst Group ECR2019-10-31 12:09:172020-11-20 10:09:18Know-How, Know-What, Know-Who: Unexpected Sources of Business Value
In our ever-growing series on increasing your business value before your transition, we’ve explored concepts like social capital and quality of life. These often intangible concepts rely on circumstances mostly outside of our control, such as how our communities view our business or the current social climate.
With assets, the main determining factor of their role ...
https://catalystecr-media.s3.us-east-2.amazonaws.com/wp-content/uploads/2019/10/06062638/pexels-photo-1462643.jpeg15002250Catalyst Group ECRhttps://catalystecr-media.s3.us-east-2.amazonaws.com/wp-content/uploads/2019/06/06062745/main-logo-300x138.pngCatalyst Group ECR2019-10-16 16:42:232019-10-16 16:42:25Business Valuation and the Role of Assets
It takes money to make money, and perhaps the biggest evidence for that fact lies firmly in the concept of business capital.
Before your business began operating, you likely had to make some pretty sizeable investments in equipment, property, and advertising. You did so in the hope that creating enough capital would help you sell your ...
https://catalystecr-media.s3.us-east-2.amazonaws.com/wp-content/uploads/2019/10/06062641/samson-ZGjbiukp_-A-unsplash.jpg34565184Catalyst Group ECRhttps://catalystecr-media.s3.us-east-2.amazonaws.com/wp-content/uploads/2019/06/06062745/main-logo-300x138.pngCatalyst Group ECR2019-10-03 16:14:322019-10-03 16:14:34Calculating Capital Into Your Business Value
There’s a saying that “It takes a village to raise a child,” and much the same can be said for a business. From stakeholders to fellow business owners in your community, it pays to build strong connections, or social capital. Without it, you are going to find it almost impossible to remain successful in your ...
https://catalystecr-media.s3.us-east-2.amazonaws.com/wp-content/uploads/2019/09/06062643/pexels-photo-1153213.jpeg15002145Catalyst Group ECRhttps://catalystecr-media.s3.us-east-2.amazonaws.com/wp-content/uploads/2019/06/06062745/main-logo-300x138.pngCatalyst Group ECR2019-09-18 16:59:192019-09-18 16:59:21Building Brand Value with Social Capital
