Kim's Articles & Media
Three Steps to Strengthen Your Company’s Financial Health
Running a business today can be a wild ride. Escalating costs, shrinking margins, fierce competition, tariff hikes, and numerous other pressures constantly test your resilience. Navigating these challenges can feel overwhelming, but there is good news! Strategic approaches exist that can turn economic obstacles into opportunities. By focusing on what you do best and applying…
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What can you prune to promote strategic growth in your business?
Anyone that knows me knows that I am an avid gardener. I often find life, business and gardening lessons mirror one another. Let’s take pruning, for example. It seems counterintuitive to cut off branches, leaves, or even roots to get larger, fuller plants. And yet, it is one of the most important tasks for a…
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What’s the Best Way to Sell or Transfer Your Business?
Building and growing your business didn’t happen overnight. It took years of hard work, dedication, and many sacrifices along the way. The same goes for creating a solid transition and exit plan—it’s not something you can create in a day. Yet, here’s the surprising part: A survey found that while 67% of business owners expect…
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9 Pitfalls that Can Derail a Business Sale
As a business owner, the idea of an acquisition or merger can be both exciting and daunting. While it can be a great way to expand your business or buy into a new one, the process of M&A is complex, and there are many potential pitfalls to avoid. Poor acquisitions can lead to the loss…
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Connecting Open-Book Management to a Culture of Growth
Do short- and long-term incentives motivate your employees to actively contribute to your business’s success? Are these incentives just tied to job tenure and security? What alternative approaches could create a more engaged and motivated workforce? Innovating Management Practices in 2025 As we enter 2025, it’s clear that innovative management practices are essential, especially those…
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6 Questions Every Business Owner Should Ask
Inventor Albert Einstein is famously credited for saying, “It’s not that I’m so smart, but I stay with the questions much longer.” Companies that are deliberate in asking the right questions, and drilling down on the tough answers will have greater success in reaching sustainable financial health and long-term business success. You cannot lead what…
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