Post about "Business"

End of Year Tips to Prepare Your Business For Sale

Often small business owners don’t realize that a buyer for their business will want to see three to five years of past tax returns when they buy the business. Many businesses decide they want to sell, but sadly their books will not support the price they want for the business.So to help you get the most for your business when you do decide to sell (whether it is next year or 10 years), use these helpful tips:”Clean” the booksTypically your accountant will show you how to minimize your tax liability and this will also decrease your profit and the value of your business. When you start considering to sell your business, you want to maximize the profits and this will maximize the value of the business. So if you are considering selling in the next three to five years, now is the time to take out the extra expenses.For example you might want to remove from your books any non-essential expenses – like a family trip to France to order product. Although this may be a legitimate tax write – off this little trip may drop your profits by $10- $15k and hence drop your value by as much as $45k or more.Also, if you have a cash business, put the cash in the business. It might be too late this year, but make a New Year’s Resolution, to put ALL the cash you generate in the business. This will increase your revenues and your profits.The new buyer will always pay you far more than the savings you will net from the IRS.Increase revenuesSince the value of your business is heavily weighted on revenues and profit, amp up the marketing, especially for retail in this buying season. A well implemented marketing plan can drastically increase your businesses worth and help you top dollar when you sell. And remember you need three years of numbers for the buyers, so start early. It is better to have four or five years of great numbers than to only have one year!Now when amp up your marketing and sales, there are few things to consider:If you can capture your customer’s contact information, this worth more to a new buyer. So if you can and if appropriate, collect your customers contact information like email address and home address. If you can also get birthday or other important dates, this will impress the new buyer.Avoid Daily Deals. It might be tempting to try a Groupon or other daily deal site to ramp up your traffic, but this is a dangerous double edge sward. The buyer can see this as a huge risk and deals have been “killed” over daily deals. My recommendation is to avoid them. If not implemented properly, they cost you much more money than you make.Hire a professional. If marketing or sales is not your expertise, hire a professional. There are several marketing consultants and sales Consultants in Jacksonville. With fresh ideas and a sales and marketing plan, your business can grow and drastically increase in value.Consult with a Business BrokerAlthough you might not be thinking about selling for a few years, consulting with a business broker early will help you understand what business buyer wants and help you know what to do to maximize your businesses value. Since your business is likely the largest part of your retirement, having a business valuation done early will allow you to see how your business is valued and manage its value.

5 Empowering Tracks From Female Icons To Make You Feel Inspired

Sometimes we all need a little lift. Whether you’ve had a recent knock to your confidence, have been going through stress in your personal or professional life, or have always struggled with your self-esteem, music is an essential tool for lifting your spirits and making you feel better about yourself.

According to a study by Heriot-Watt University, the type of music you listen to not only influences your mood, but also your personality, with indie and rock/heavy metal fans reporting the lowest levels of self-esteem, while fans of jazz, blues, opera, classical, pop, rap and soul all reported high levels of self-confidence.

So if you’re having a ‘down day’, why not boost your spirits by listening to some powerful, uplifting tracks? Here are five perfect confidence boosters.

Britney Spears – Toxic
Britney’s own struggles with her mental health and conservatorship have made her an inspiration for many people across the world.

This classic song is timelessly sensual, and the heavy beats throughout make it impossible not to dance to. A welcome blast of nostalgia, this tune has filled dance floors across the globe with fans old and new.

The video features Britney as a female spy playing the sexy flight attendant, seducing her passenger before she makes her escape on a motorbike and breaks into a high-security facility guarded by a laser security system.

This track and video is a guaranteed way to feel invincible, and deserves a place on your playlist no matter your mood.

Kelis – Milkshake
A cheesy classic that is guaranteed to make you feel all warm and gooey inside, Kelis pumps up the heat in this 00’s RnB track. Underpinned by intricate drum beats and electric elements, Kelis’ self-confidence is infectious, and it’s hard not to find yourself smiling at the lyrics.

This track is a great way to get into a flirtatious mindset, making it a great choice before going on a date or heading out for the evening.

And if you’re staying in? It’s a great mood lift. But beware! You may find yourself craving a sweet treat.

Eve (ft. Gwen Stefani) – Let Me Blow Your Mind
This RnB classic will capture your attention with its assertive rhythm and powerful vocals from 00’s icons Eve and Gwen Stefani. Featuring a laid-back – yet self-assured – beat, and catchy guitar riff, this is a great track for driving, and its empowering feel is sure to help you feel motivated.

Got a job interview lined up, or thinking of asking for a raise? This anthemic number is a quick way to feel positive and more assertive.

The video features Eve and Gwen Stefani crashing an exclusive event on quad bikes, causing a stir among the privileged attendants, and shoving the performer off stage to perform their own music, before finally being arrested and taken to the station in a police van.

This ‘baddie’ track helps you to tap into the hidden ‘bold’ side of your personality, and lifts your mood while keeping you feeling calm and cool.

Fergie – MILF$
If you have kids, it can be difficult to feel sexy. When you’re running around cleaning the house, changing nappies, or up to your elbows in dishwater, you can easily forget your sensual side – leaving you feeling frumpy and lacking in confidence and motivation.

Thankfully, Fergie’s comeback track is a quick remedy to your low mood and lethargy.

Featuring attractive mothers dressed in curve-hugging latex and silky lingerie going about their daily life in a dreamy, colourful suburbia, this track is a quick way to transform your self-esteem and transport you to a world where you are not just a mother, but a goddess too.

Why not shake off the day and tap into your feminine energy with Fergie, your sexiest PJs, and a bottle of your favourite wine?

Marina And The Diamonds – How To Be A Heartbreaker
Low confidence after a breakup? You’re not alone. Having your heart broken can leave you feeling depressed, undesirable, and unmotivated. So flip the tables on your ex and become a heartbreaker with Marina’s catchy club classic.

This empowering dance track will make you want to move your body and get in touch with your bad girl side, with its heavy beat and pounding rhythms.

Plus, if your libido has suffered as a result of your low mood, take a sneaky peek at the video – it will get your blood pumping with its steamy shower shots and smoking hot male models.