Festival 2010 Business Blog: Business

Monday, April 3, 2017

Ramping Up the Curb Appeal as You Plan to Sell Your Business

Anyone who has launched a successful business venture has probably likely spent countless tireless hours building it to what it is today. Through all of that work, though, have the owners given thought about what could be done to prepare to sell the business one day? Whether the plan is to sell it now or in the next five years, it takes time to prepare for the transition.

There are many moving parts to consider when planning a business transition. The owners must identify strategic buyers, understand the company's valuation and prepare the team. While it’s essential to manage all these moving parts, the owners must also consider the largest asset that doesn't appear on the balance sheet: the company's brand assets. This includes the brand's values, promise, personality, identity and reputation.

Wednesday, March 1, 2017

3 Reasons It May Be Time to Sell Your Business

The phone rings. It's Sergey from Google, Marissa from Yahoo or Tim from Apple saying, "I'd like to buy your business … is a zillion dollars enough?" And just like that: The decade of workaholism and takeout food has finally paid off.

Small Business Ideas For Everyone

CateringCatering is a great mobile business for anyone who is an exceptional cook and likes to prepare food for the special events of others. It often only takes a handful of successful events to start word of mouth from taking off and your business exploding. Then, you can always consider expanding your mobile catering business further into more extensive catering or even pop-up restaurants, giving you growth opportunities.
Mobile Wedding ServicesTake another look at the four previous ideas. You can combine those four ideas and start a mobile wedding services business that provides salon services, photography, flowers and catering on-location for weddings and other special occasions. If you like event planning, too, add in wedding planning services for a complete package.
Junk RemovalIf you have a large truck and don't mind filling it with other people's trash, you may want to consider a junk removal business. The idea is that you can collect unused items that are cluttering a home -- generally from garages and attics -- for a fee. The bonus is that you can do whatever you want with the junk, potentially cleaning it up and selling it for a second fee.
Moving Services With a truck, some muscle and a second set of hands, you can start a moving company. This completely mobile business doesn't require any special equipment; you only need a space to park your truck when it's not in use. If successful, all it takes to expand is a second truck and a few more helpers. Plus, startup costs are very low and the need for these services is usually high, making this a smart business idea.
Professional OrganizerA professional organizer goes into homes and businesses and improves the way things are documented, filed and organized. You can organize the filing system in an office, a child's playroom, or kitchen cabinets and pantry, giving you lots of specialized services to offer. If you know how to manage clutter and create systems that keep everything easily accessible, a mobile organizing business is worth your consideration.