Small Business | Strategic Finance | Bikes
There are many resources available on the web and elsewhere about how to put together a loan proposal. I'm not going to spend time re-hashing all of the details, other than to briefly bullet out the major components at the bottom of this post. My … [Continue reading]
When I speak with business owners and senior executives, I am continually surprised by how little time they spend nurturing their companies' banking relationship. When times are good, it's easy to ignore - after all, you don't need much from your … [Continue reading]
What interesting times we live in. Not since the late 1980s and early 1990s have I seen so many new and cool mountain bikes and components. Back in "the day" (80s/early90s), the industry and product category were replete with artisan builders of … [Continue reading]
A quick update from the woods: As we head into November, the weather can change any day. At this time of year in Colorado, us bikers are "burning daylight." As a matter of fact, we are expecting colder temperatures and snow later this week. I … [Continue reading]
As a small business or family business executive, do you struggle with how to explain your business results and profitability to your employees? In some cases, it might not be practical (or permissible) to share specifics due to family … [Continue reading]
Yes, I admit it. When I ride my mountain bike (MTB), I usually go alone. When the subject comes up in conversation, you should see the looks on peoples' faces. It's almost like, "poor Lynn, I wonder why he doesn't have anyone to ride with?" In … [Continue reading]
As a member of a Vistage executive group, we routinely present our companies' key performance indicators in our meetings. Key performance indicators, or KPIs, are simply a group of metrics that you can use to predict future business trends, evaluate … [Continue reading]
My how time flies. I've been busy at work, but also trying to spin the pedals as often as I can. Fortunately, the weekend weather has generally been cooperative. I've been riding at the nearby park pretty much every weekend with only a small … [Continue reading]
A few days ago, I participated in a panel discussion with two other Colorado CEOs for the Denver Chapter of the Association for Corporate Growth. The panel topic was "Private Equity Demystified." As a post-private-equity-deal CEO, it's interesting … [Continue reading]