by Carol Frank | Jan 17, 2017 | Business Advice, The Pet Industry
Growing through acquisitions is becoming increasingly popular as business owners see the value in increasing revenue without having to significantly increase overhead. In investment bank speak, this is known as creating “synergies.” In other words, if you buy a pet...
by Carol Frank | Dec 24, 2016 | Business Advice
Do you want to find ways to ensure your pet company is more valuable 12, 24, or 36 months from now then it is today? This is done through “Value Drivers” that increase the transferable value a buyer will eventually pay for your company. Generally, these value drivers...
by Carol Frank | Dec 24, 2016 | The Pet Industry, You and Your Pet
I recently had the pleasure of meeting a pet industry entrepreneur who has a passion for ensuring cat owners never experience the emotional pain of permanently losing their cat. Lisa Tamayo is the CEO of a new pet technology company, SCollar. Lisa and her husband...
by Carol Frank | Aug 8, 2016 | Business Advice
Top 10 Questions Asked by Investors Growing your pet products business takes money, and unless you have a rich uncle, significant cash flow, or a very progressive bank, chances are you may need to raise capital of some form or fashion over the life of your business. ...
by Carol Frank | Jun 9, 2016 | Business Advice
An Interview with Dr. Pamela Dennis, author of “Exit Signs” I ended my last column with these three burning questions: If you are a Boomer who owns a pet company, what can you do to increase your chance of selling your business for optimum value? Should you get a jump...