Delivering Concierge Service in a Click-to-Buy-Now World
Now that today’s consumers shop online for everything from colanders to college funds, those of us in the professional service business must figure out how to deliver on a concierge level and stay competitive. When customers are shopping on the web, rather than from a known neighborhood business, how do we show that we value the service we provide and strive to get better at it every day?
How do we rise above price shopping, to attract clients who seek that high level of service?
How do we become the American Expresses, Nordstroms, and Ritz Carltons of the world?
Considering Acquisition? Ten Key Can Help
When you think of mergers and acquisitions, you probably imagine a skyscraper boardroom full of people in suits going over piles of paperwork, right? People often think that acquisition is “only for the big guys,” but that’s simply untrue. For many small-to-medium sized businesses, acquisition can be a very efficient, effective way to grow.
If you’re ready to look into acquisition as a route to company growth, get ready–it’s quite a ride. But although it can seem overwhelming, acquisitions can engender explosive growth for your company.
At Ten Key, we’ve assisted clients through the acquisitions process, and we’ve also done it ourselves! We know what you’re facing, and we can help.
A Little Legal Prevention is Better than a Lot of Cure
We’ve talked about building a financial team that includes a strong attorney. Your attorney will play a major role in structuring and protecting the business. However, one of the most important tasks your lawyer will focus on is preventing potential legal liabilities. “The reality is that an ounce of legal prevention is worth a pound of cure in most circumstances,” explained George Megaloudis, founding member of Roach, Ioannidis & Megaloudis. “Don’t be put off by the fact that it may cost money to do something,” Megaloudis continued. “The cost of prevention is almost always cheaper than the cost of curing a legal headache.”
There are a few key areas your financial team’s lawyer should focus on to prevent legal culpability
Is Your Business Ready to Grow?
Most business philosophy dictates that businesses must grow to survive. “Grow or die!” the business magazines shout. And this idea has merit: you don’t want a stagnant business. But there are many ways to grow your business, and before you dip your toe into any of them (or before you get carried away by the wave of growth that may already be hitting your business right now) it’s a good idea to step back and think about your business goals.
Ask yourself these 5 questions to determine if you’re ready for business growth.