It’s time for a bit of honesty when it comes to the economy - recessions happen. Some companies fail. Some entire industries fail. The bright side, though, is that business during a recession can be quite good in some industries. Just as the next season is inevitable, so too is the fact that a recession will come, and it…
AMB Performance Group Blog
Our Coaches pride themselves in being completely knowledgeable in regards to bringing you the latest and greatest in business growth options. We also take great pride in providing you with updates, news of interest, and tips to help you continue taking the wheel of your business and its success.
From handling workplace situations and team building to marketing and social media, you can find the answers you’re looking for to better your business and increase your knowledge base. We are always keeping an eye out for news, tools, and resources, so be sure to check-in frequently.
How to Be Recession Proof
Posted on August 24, 2022
The idea of being recession proof typically applies to companies or industries as a whole. It typically means that the company or industry won’t feel the effects of an economic downturn no matter what the real cause. Understanding how to be recession proof, though, isn’t always an easy task, and while you might work within a recession proof industry,…
How to Recession Proof Your Finances
Posted on August 16, 2022
Many companies operate in industries that are essentially recession proof. Unfortunately, though, that’s not true for any company. There are, however, ways to ensure your business survives an economic downturn and your personal finances are protected throughout the darker days. In this article, we examine how to recession proof your finances.
Understanding Recessions
The idea of a recession can be daunting,…
Building Recession Proof Businesses
Posted on August 09, 2022
A recession. Just the word alone is enough to create fear for many business owners, yet economic recessions happen more frequently than you might imagine. In fact, on average, they happen every six years. While some last just a few months, others can last a year or more, creating serious issues for many companies. While you can’t prevent a…
Wondering if You Should Close or Sell the Business? Read This
Posted on July 26, 2022
If your business isn’t as strong as it should be, you may be beginning to wonder if you’ve reached the end of the road. For most business owners, it means one big question - should you close or sell your business? While it may seem like closing is the only real option because of the way your business is…
Small Business Owners: How to Value a Small Business Based on Revenue
Posted on July 22, 2022
What a company is truly worth can be a bit subjective at times. After all, almost all businesses start with an idea that’s carefully nurtured and grown to become something much bigger and more powerful. Whether you’re looking to sell the company you’ve worked so hard to grow or buy someone else’s company, understanding what a company is worth…
How Often Should You Have Your Business Valued?
Posted on July 19, 2022
You’ve had your business valued. You know exactly what your company is worth. How often do those numbers change, though? How will you know when to value your business again to ensure that you consistently have a grip on what your company’s current worth is and when that might change?
When to Value Your Business: Begin By Understanding the Purpose…
How Much is a Business Worth With 1 Million in Revenue?
Posted on July 14, 2022
In today's competitive market, understanding the value of a business is crucial, particularly when a company reaches significant revenue milestones. If your business generates $1 million in sales, it's more than just a number—it’s a tipping point that can attract the attention of investors, potential buyers, and financial institutions. The question "How much is a business worth with $1…
Can You Sell a Business That is Not Profitable?
Posted on July 11, 2022
You’re losing money. You’d hoped to build a business that would be there year after year, but it’s time to face the facts - your company is just no longer profitable. What’s next? Can you sell a business that is not profitable and use that as your exit strategy? Absolutely. But let's take a look at how and why.
Rethink…
Can I Sell My Business Without a Broker?
Posted on July 06, 2022
Many believe every business sale begins with the help of a broker. You might be wondering, can I sell my business without a broker? It is one great way to help you sell your small business quickly, but it’s not the only method available. Think about selling your home. You could use the help of a real estate agent.…
