by Patty Lawrence | Budget & Forecasting, Business Management
If you sold your business tomorrow, do you know what it would be worth? Not what you hope it would be worth. What a buyer would actually pay. The reality is, many business owners don’t know the answer to that question, and that’s not a criticism....
by Patty Lawrence | Accounting Services, Business Management, Financial Management
Imagine this: Another company wants to buy your business. It’s the opportunity of a lifetime. But when they ask to see your financials, you realize you can’t show them anything reliable. Let me tell you about an entrepreneur who learned this $5M lesson the...
by Patty Lawrence | Business Management, Leadership
My tennis captain was desperate. She needed a singles player for our 18-and-over team, and let’s just say I’m not exactly known for my singles prowess. At 61, I typically stick to doubles, but when your captain calls, you show up. I walked onto that court...
by Patty Lawrence | Business Management, Trust
Do you trust what complete strangers tell you? I’m not talking about the guy at the gas station giving you directions—I mean the warm referral, the “you really need to talk to this person” kind of connection. The ones our networks deliver when we...
by Patty Lawrence | Business Management, Leadership
When I play tennis with people 20 years my senior, I get a masterclass in patience. These are players who’ve been in the game a long time, and not just the game of tennis, but the game of life. And watching them play? It’s nothing short of inspiring. They’re...
by Patty Lawrence | Business Management
Sunshine and a thriving tennis community welcome me to Florida every spring. (It’s my annual escape from unpredictable Pennsylvania weather.) Because my business isn’t location-dependent, I’m able to work remotely, and I take full advantage of that flexibility. Down...