When I owned Raven Machine and Tool, I made a list of companies I wanted on my customer list. Tennant was at the very top. They had a reputation for producing top quality products. They were loyal to suppliers, paid promptly and when potential customers saw you worked with Tennant they knew you were a good supplier.
No Succession Plan? It’s A Recipe For Disaster
I admit it. We didn’t have a succession plan for our business. We didn’t talk to our attorney or our CPA before we put our business on the market; we just talked to our broker who advised us to talk to our attorney and CPA. We were stupid-stupid-stupid and it cost us tens of thousands of dollars.
Graphs & Pie Charts – How do you spell B-O-R-I-N-G?
The beginning of each year brings a list of new goals for companies: • Increase sales • Control costsTags • Improve margins • Bring on # number of new accounts