What Are Your Key Performance Indicators?

What Are Your Key Performance Indicators? Here at Viking, we recommend that every business owner should know the Key Performance Indicators (KPIs) that determine the health of their company. A KPI is a number or value that indicates how effectively a company is achieving its key business objectives. The KPIs that should be tracked are those that report on important …

Challenges Business Owners Will Be Facing in 2019 Series: Revenue Growth – Talking to Your Employees

In last month’s topic, Revenue Growth – “Talking to your Customers”, I interviewed Dario Priolo, a marketing consultant, about the importance of talking to your customers to understand how they view your products and services and their relationship with your company. Priolo believes this demonstrates to your customers that you care and value the relationship your company has with them. …

How to Let Your Employees Know That You’re Selling the Business

How to Let Your Employees Know That You’re Selling the Business Every business owner should consider how his/her personnel will react to the sale of the company while also making confidentiality a priority. You have decided to find a successor for your business. You know what to do moving forward and have an exit strategy in place, but have you …

Tips for Choosing the Best Location for Your Business

Tips for Choosing the Best Location for Your Business Starting a new business can be an exciting adventure, but choosing the right location for your business is an important step that requires close consideration.  Whether you are starting a new business or expanding on a current venture, choosing the right site is one of the most important decisions that goes …

How to Get the Best Price for Your Environmental Services Business in Four Steps

How to Get the Best Price for Your Environmental Services Business in Four Steps If you own an environmental services company and have been thinking about selling, the financial climate in the United States and growth predictions are prosperous. As the United States continues to become more sustainable, environmental service businesses are making way for steady growth in the coming …

How to Value a Hair Salon Business

6 Ways to Determine Value In a Beauty Salon Before Selling There are several major factors that can influence the sale of your beauty salon. As the Charlotte, Greenville, Tampa, Asheville, and Charleston markets begin to grow significantly and influence the way that other cities are developing in the Southeast, more entrepreneurs are interested in acquiring their own businesses. The …

5 Tips On Selling Your Screen Printing & Embroidery Business

5 Tips On Selling Your Screen Printing & Embroidery Business The screen printing and embroidery industry is an attractive point of entry for many buyers seeking a business to purchase. All privately held business owners eventually will be faced with a decision about leaving their businesses. While some may pass it on to the next generation in their family, most …

How to Prepare the Sale of Your Charleston-Based Business

How to Prepare the Sale of Your Charleston-based Business What do you need to focus on to ensure you get the very best price for your Charleston-based business when you do sell?   You’ve always worked hard, toiling for years in the corporate world. While you made a decent salary, you realized there was a bigger piece of the pie …