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5 Bookkeeping Tips for Entrepreneurs

by Kjell Andreassen | Business Advice, Exit Planning

If you own your own business, you have a lot on your plate. You probably have your own system for managing everything, and that might include storing a lot of important information in your own head. While that may work for you most of the time, you are bound to slip...

When to Hire a Bookkeeper or Accountant

by Kjell Andreassen | Business Advice, Exit Planning

As an entrepreneur, you may pride yourself on your ability to handle every aspect of your business on your own. In this difficult economy, many business owners feel compelled to do it all themselves, never giving in and hiring outside help until they absolutely must....

6 Ways to Negotiate Better Prices from Vendors

by Kjell Andreassen | Business Advice, Exit Planning

Every business owner wants to get better prices from their vendors, but few even realize that this is possible. They receive their invoice every month or week and pay the balance religiously. But there are plenty of suppliers out there, so why shouldn’t you get a...

How Outsourcing Can Help You Control Business Costs

by Kjell Andreassen | Business Advice, Exit Planning

Outsourcing has become one of the most important ways for business owners to find professionals to handle parts of their business that they don’t necessarily need someone to do full time.  The process involves contracting out some of the functions of your business to...

Creating Value in Your Business to Get Top Dollar When You Leave It

by Kjell Andreassen | Business Advice, Exit Planning

Did you ever wonder why one business has buyers lined up willing to pay top dollar while another sits on the market for months, or even years? What do buyers look for in a prospective business acquisition? There are many opinions about what attributes or...

The Way I See It…Think Like An Owner!

by Kjell Andreassen | Business Advice, Exit Planning

The other day I was having lunch with Mike and we noted the extraordinary service our server was giving us. He was attentive, friendly and available when we needed something. As we commented on it, Mike blurted out, “He thinks like an owner!” In contrast,...

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