Articles
Carol Frank has been a columnist for many pet industry publications over the years including APPA, Pet Business, Pet Age, and Pet Product News. This page contains many of the articles she has written in date order as well as articles from guest contributors.
PET INDUSTRY ADVICE
Please feel free to post articles on your website or in print as long as you: include all authorship, copyright information, link to our website, and email your contact information as well as where and how the articles will be used to birdseye@bidseyeadvisory.com.
How the Four D’s (Death, Disability, Divorce, and Disagreement) Can Affect a Business
Did you know that there is a 50% probability that a pet business owner will be impacted by one of the dreaded “D’s” sometime during the time they own their business: Death, Disability, Divorce, Disagreement or Distress? As you can see from this list of “D’s”, these aren’t circumstances most people...
Why Some Businesses Don’t Sell and How to Keep Yours From Being One of Them
Do you plan on selling your pet company someday? If so, what kind of planning are you doing NOW to ensure the best outcome when it is time to sell or find a majority investor? If you are like most business owners, the answer is unfortunately, “none.” The lack of planning and preparation...
The Entrepreneurial Dog – Part VI
This is the sixth of a seven-part series where each installment takes a look at an innate ability of dogs and what...
The Entrepreneurial Dog – Part V
This is the fifth of a seven-part series where each installment takes a look at an innate ability of dogs and what...
How to Minimize Income Taxes upon the Sale of your Company
by Shina Culberson and Carol Frank This month’s column will feature some sage advice from a business colleague of...
Pet Industry M&A 2012… and beyond
M&A Pet Transactions slowed after the first quarter of 2012, resulting in a total of 29 announced transactions in comparison to 41 announced transactions in 2011. The pet industry also continues to experience premium valuations compared to its consumer products...
Leading the Troops into 2013
The beginning of a new year is always a great time to take a step back and look at your business from 30,000 feet. Since you can’t grow without good staff, I thought it would be an opportune time to write about leadership skills. As Jim Collins talks about in his...
Top 10 Tips for Email Negotiation
While face-to-face negotiations are always better for closing business deals, email negotiations are on the rise. Researchers have found (and common sense tells us) that email negotiations lead to less satisfying agreements and an even greater rate of failure to reach...
Three Benefits of an M&A Advisor When Selling or Refinancing Your Business
When it comes to selling or refinancing your company, many pet industry owners have questions about the benefits of using an M&A advisor, also known as an investment banker (assuming they have the appropriate FINRA designation). The reasons are simple. An advisor...
Getting the MOST out of your Insurance Program
Carol Frank with guest Pam Adams Business liability insurance saved my company from bankruptcy. Several years ago a competitor sued me for the sole purpose of putting my company, Avian Adventures, out of business. The charges had been trumped up and falsified; yet I...
Keeping Employees Motivated in Tight Times
By Bryan Williamson and Carol Frank Are you finding it difficult to keep your employees motivated? Do you feel that your people’s morale has been reaching new lows? If so, you’re not alone. Among the many challenges of a tough economy, most managers find one of the...
A Crystal Ball into our Economic Future – a morning with Economist Brian Beaulieu
Almost two years ago to the day, I wrote one of my first blogs about listening to an economist at the Denver CEO Forum. Dr. Beaulieu, Executive Director of the Institute for Trends Research, had many predictions about how we should invest/spend our money in the...
Financial and Life Planning…For Your Pet!
Murphy Green, my Eclectus parrot, is 18 ½ years old and is expected to live another 40-45 years. Lola, my Timneh African Grey, is 3 years old and is expected to live another 40+ years. My dream is for all of us to die on the same day, but unfortunately that is...
Are You an Entrepreneurial Thinker: Genetics or just plain hard work?
Five Traits of Successful Business Starters As a serial entrepreneur who has founded multiple companies over the years, I have often asked myself “what drives me to start these businesses when so many people are content to sit behind a desk and work for someone else?”...
Please feel free to post articles on your website or in print as long as you: include all authorship, copyright information, link to our website, and email your contact information as well as where and how the articles will be used to birdseye@bidseyeadvisory.com.
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