Author: Josh Stamey
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Your Business Breakthrough: Time to Thrive with Lower Rates!
For small to mid-market business owners, there is some great news that could really impact your immediate and long-term strategies. Last week, the Federal Reserve cut interest rates by an additional 25 basis points, reducing the federal interest rate to between 4.50% and 4.75%. This marks the second recent rate cut since the early days…
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SMP Capital Partners is Pleased to Introduce Matt Moreau as the Newest Member of the SMP Team
SMP Capital Partners, LLC, a lower middle market investment banking firm delivering expertly efficient and trustworthy M&A services to privately held business owners, is pleased to announce its most recent addition of Matt Moreau to its team. Matt will serve as SMP’s Director of Operations and will manage business valuation services along with deal volume…
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Transitions are Hard
My old man was a foundation building high school football coach over the final quarter of the 20th century. He taught and coached from the fall of 1972 until he retired upon his immediate eligibility to do so in the spring of 1999. It was a unique career compared to most coaches at the high…
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Organizational Chart
How important is an organizational chart to a team? When coach Brian Kelly got to Louisiana State University in 2021 after taking charge of football operations from the prior regime, one of his first questions to the remaining LSU staff? “Where’s your org chart?” They didn’t have one. No one knew who reported to whom…
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The Story
You’ve been there before you turned on the lights for the first time. You envisioned how this business venture would get off the ground and what it could become. You’ve got years of stories about how it went right and how it sometimes went incredibly wrong. You’ve built a great organizational chart with a dedicated…
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Facility Maintenance and Management: The Heartbeat of a Business Operation
Situated in the Fenway-Kenmore neighborhood of Boston, Fenway Park is a majestic cathedral home to Major League Baseball’s Red Sox since the same week the Titanic sank in April 1912. It’s been built, rebuilt, built on top of, and retrofitted dozens of times. The seats on top of the Green Monster? They have been there…
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How Industry Standards Drive Business Success
Why is anyone afraid of the dark? Why can’t people leave terrible companies with appallingly dreadful leadership? The unknown. The outcome is unpredictable and no one is sure of what happens next. People like to know what to expect. Once people understand the expected outcome, anxiety lifts, and their focus locks in on the immediate…
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Crafting a Successful Exit Strategy: Key Steps for Business Owners
You’ve been there before you turned on the lights for the first time. You envisioned how this business venture would get off the ground and what it could become. You’ve got years of stories about how it went right and how it sometimes went incredibly wrong. You’ve built a great organizational chart with a dedicated…
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How to Analyze Financial Reporting for Maximum Cash Flow
Financial reporting is complicated and can be a mystery wrapped in a riddle – inside an enigma. What do potential buyers look for and more importantly, what financial reporting metrics create the highest multiple of cash flow of which buyers will pay a premium? If a business owner sends us a set of financial documents…
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Effective Estate Planning and Succession Strategies for Business Owners
In today’s ever-evolving global business arena, the importance of meticulous asset management and comprehensive estate planning has never been more apparent. Whether they’re seasoned entrepreneurs or aspiring visionaries, business owners pour years of dedication and hard work into cultivating their enterprises. Ensuring the seamless transfer and protection of these assets is not merely a financial…