In the News

Take a look at Calhoun Companies' news written by our business brokers in Minnesota for advice & guidance in buying & selling a business!

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Login
    Login Login form
Posted by on in Industry
  • Font size: Larger Smaller
  • Hits: 1543
  • Print

The Business Journals: 3 Areas in Your Business that Need a Fall Cleanup

 

Calhoun Companies president and co-owner, Andy Kocemba, is a contributing writer for The Business Journals. Each month, he offers advice on buying and selling small to mid-size businesses.

 

Raking

Fall is a perfect time of year to get a jump on those tasks that will bring the current business year to a strong close, and put your company in a good position going into the next year.

 

The coming of fall should bring more to mind than crisp air and pumpkin-spice-flavored everything. For all its beauty and excitement, fall brings a lot of work. Raking leaves and winterizing the house have become expected tasks as the end of the year approaches.

But do you ever think of fall clean-up pertaining to your business?

Fall is a perfect time of year to get a jump on those tasks that will bring the current business year to a strong close, and put your company in a good position going into the next year.

Here are a few areas of your business to consider for fall clean-up:

1. Evaluate the here and now

Here’s where you take an honest look at the current state of your business. A good place to start is by getting your financials in order. Are your expenses well documented, or do you have a shoebox of receipts to go through? Clean financials will be your guide as you close out the year. Is this a good time to buy some new equipment you have needed? Have you properly funded savings accounts? Do you need to step on the gas to achieve your sales goals? By taking an honest look at your business, you can avoid letting December 31st sneak up on you.

 

Read more about how to get your business ready for the end of the year.

 

calhouncosandykocembaAndy Kocemba is president and co-owner of Calhoun Cos., a top business brokerage firms in the Upper Midwest. Calhoun Cos. has been connecting buyers and sellers since 1908, working with small- to medium-sized businesses across allindustries. A graduate from Bethel University, Kocemba joined Calhoun Cos. in 2003 as a sales agent before buying the business in 2011. He is a member of the International Business Brokers Association, Minnesota Chamber of Commerce, and Better Business Bureau.

 

Read More from Andy:

Last modified on