Make Sure The Price Is Right

Pricing is the neglected orphan of business. There is no more important decision a business will make than the pricing of its products. Revenues minus expenditures yields a remainder commonly referred to as profit. Revenue is the product of price and volume. These...

Debt, Darling Or Devil?

The torch of business leadership is passing from the generation that lived through the depression to the generation known as the “baby boomers”. Despite the obvious age differential , the attitudes of the two generations on a variety of business issues are...

Valuing The Closely-Held Business

It is a pretty straightforward matter to check the value of your IBM stock. Just pick up the morning paper and bingo, you have the daily value of most any widely held, publicly traded stock. What about the value of your shares of stock in a closely-held corporation?...

Sources Of Funds

Does a business start with the product or the order? Which comes first the service or the customer? It’s the old chicken and the egg debate and there is probably no universally correct answer. Regardless of where you stand on which came first for a business,...

Leveraged Buyout

Back not too many years ago it was referred to as “bootstrap financing” or simply getting a loan to buy a business. Now referred to by the acronym LBO, the leveraged buyout has become one of the most exciting and popular investment vehicles of the decade....