3/30/12 at 8:22 AM by Tony Lael Since we have launched The Small Business Tour I have had the good fortune of working with some incredible people who work for great companies that are supporting small businesses in new ways, and not because they wrote it down in a ‘strategic plan’.
The difference makers in business (small and large) are the people who engage because they care…
3/15/12 at 12:32 PM by Tony Lael We are about ready to embark on The Small Business Tourwith companies like Constant Contact, Cisco, Microsoft, Concur and Intuit in Seattle, Las Angeles, Houston, Boston and Raleigh/Durham – all in the hopes of educating small business owners and the advisors who serve them about the new way of running a small business with all the available…
3/2/12 at 4:03 PM by Tony Lael We’re beginning to see some amazing trends from the financial intelligence gathered in Corelytics that are being used by software vendors, industry associations and business advisors (our channel partners) like Level Platforms and industry associations like USAV.
Just as an example, we can tell the Audio Visual Industry that over the last 24 months the Cash balances of the typical business…
12/17/11 at 2:57 AM by Tony Lael The web is riddled with stories of small businesses getting denied loans by banks, but why?
In a recent article written by Jason Fenton, Bank loans to small business fall to 12-year low, which outlines several stories of small business owners woes in getting loans from banks. One story of an ex-software executive that provided personal capital to start a…
12/13/11 at 4:38 PM by Tony Lael Steve Jobs didn’t magically architect the production of the iPhone one day by himself. It took him decades to dent the universe. How can a community in which so many people fail each year (about half) save our economy? Keep in mind, innovation happens in the small business community
10/19/11 at 7:43 AM by Tony Lael Do you remember when you started your company? It was hard to know if you were going to make it as a business or not, but you went out and made sales. Revenue came in and everyone was happy. Then, more sales made you think you needed some basic processes people could follow. Pretty soon you had a real business…
3/22/11 at 8:35 AM by Tony Lael 
The majority of people I have run into who have started a business over the last ten years have had great instincts about an idea to provide services or sell products. Running a small business is a difficult undertaking, but the companies who are thriving and growing are the ones that understand the truth about their financial performance – they…
2/24/11 at 4:27 PM by Tony Lael 
In the last two years we’ve been involved in providing thousands of small business owners with access to the tools and resources they need to enhance the performance of their companies. We have had the honor of being on the front lines with business owners in companies who make anywhere from $100,000 to $30M in annual revenues.
…
12/7/10 at 4:32 PM by Tony Lael EBITDA is measure of your company’s ability to produce income on its operations during a given year. It is calculated as the company’s revenue less most of its expenses (such as overhead) but not subtracting its tax liability, interest paid on debt, amortization or depreciation. The basic calculation for EBITDA is as follows.
EBITDA is a…
8/27/10 at 8:20 AM by Tony Lael I recently read a post on LinkedIn that said it takes 6-8 months to form a business relationship via social media forums. In today’s modern age of ‘meet online before ever meeting in person’, it is apparent to me that the business relationships we form are more important than ever. We no longer have the opportunity to build trust through…