Justify Your Next Vacation

Statistics show that companies that perform well without their owners are 50 percent more likely to get an offer to be acquired, when compared to more owner-dependent businesses. There is no better justification for taking a blissful, uninterrupted holiday than to see how your company performs in your absence.  The...

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America’s Best Burger is in Santa Barbara!

Consumer Reports has awarded The Habit Burger Chain as the Best Tasting Burger in America, beating out competitors like In-N-Out Burger and Five Guys.  Habit Burger was established in 1969 in Santa Barbara. After becoming well known for its signature Charburger, it began to expand in California. When private equity...

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A Boon for New Business

George Runner:  End to Security Deposit Requirement a Welcome Gift for California Businesses It’s no secret that starting a new business in California is tough. With our high tax rates and hostile regulations, we are consistently ranked one of the worst states in which to do business and create jobs. For years,...

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Is Your Business “You-Proof”?

Whether you’re planning to sell your company sometime soon or sometime in the future; now is the time to ensure that your business isn’t all about you. From the latest research involving 2300 companies from around the globe, here are two key factors that are linked to the probability of getting an offer for your business...

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Four Traps to Avoid When an Acquirer Comes Calling

You may be eager to sell your business, and happy to have a potential buyer at your doorstep, but what’s it like when an acquirer starts looking inside every inch of your business? Most repeat acquirers will have a checklist of questions – both objective and subjective – that they need answered before getting serious...

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Increasing Customer Tips with the “Rule of Reciprocity”

In 1974, Phillip Kunz, a sociologist at Brigham Young University, wanted to see what would happen if he sent Christmas cards to people he didn’t know.   He picked up several local phone directories and chose 600 addresses at random, starting a new Christmas list of complete strangers. He included handwritten...

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