Growth is a sexy word in business, but creating profits is the key to turning a small business into a much larger one. read original on Inc.
Avondale's perspective is that a business should aim, above all, to perpetually create value for its shareholders. We define this goal, creating value, as generating economic profits or operating profits in excess of the cost of capital. We believe superior management and investor teams can have a dramatic effect on business value by focusing the organization on key value drivers; we assist management and investor teams to systematically identify these key business drivers and execute on the highest-value growth opportunities.
Mistakes are inevitable with a growing business. The entrepreneurs who learn quickly from these mistakes - and make the right adjustments - will be better positioned to succeed. read original on Inc.
Listen to this webinar with Avondale CEO Karl Stark on Building Businesses for the Long Haul. It was recently hosted by Inc. and Key Bank. Karl was joined by Cindy Crotty of KeyBank and moderator Lisa…read more
Being a "me too" retailer doesn't cut it anymore. Here's how retailers can differentiate their products and gain competitive advantage. read original on Inc.