Tag archives for search fund - Page 4
Knowing your competition
Once you have purchased a business, get a solid understanding of how your competition thinks and behaves. Doing so will be critical to developing your strategy and tactics for profitable growth. It is often too…
Sharing profits, not equity
When I worked for large companies, the concept of profit sharing was limited to the upper echelons of the organization generally in the form of annual bonuses that were mysteriously calculated, paid 3-5 months after…
Developing an Accountability Culture
All Searcher CEO's strive to lead a profitable, growing business with shared values across the organization, a common mission, and a culture of accountability. This is a lot harder to reduce to practice than it…
Downsizing your business
While you did not buy a business to see it shrink, most "on-going" businesses will experience a decline in revenues that will severely test its leadership. Emerging stronger from the decline will require some tough…