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Showing posts from March, 2020

Bloomington Indiana - Best Home Improvement Ideas

One of the best things we've done to make our home more attractive and pleasant is to re-do our garage.  It was such a mess.  We were not organized at all.  The floor was dirty and had oil stains on it.  We had cobwebs in the corners.  Stuff was stacked everywhere.  Every time we would come home from work, we would just park in the driveway because there was no room in the garage.  We were borderline hoarders.  We could have been on that TV show.  Okay, maybe it wasn't that bad.  We needed a clean out and a new look.  It got to the point it was depressing.  We hired Bloomington Garage Floors to help us.  They normally just focus on the garage floors, but we talked them into doing a complete clean out.  We spent one whole day just getting rid of stuff.  They took stuff to donate to shelters and such and we rented a dumpster to just trash everything else.  We used one of those rules that if we haven't used it, or even touched it, in 24 months, we didn't need it.  No mo

South Bend Small Business Succession Plans

I remember when I owned my small manufacturing business, one of my greatest unknowns was how I could retire.  Most of the time, we think we own the business, but in some regards, it owns us.  Some, but few, businesses operate on auto-pilot whether the owner is there or not, but most smaller privately owned businesses, less than $5 million in revenue, depend on the owner checking in on the one extreme to being there every waking moment on the other extreme.  Working with a business consultant at South Bend Business Brokers , I understood what I needed to change in my business.  The business revolved totally around me alone.  If I wasn't there, not much happened.  But, the enterprise value of the business suffered because no new prospective buyer would want to do what I do.  I had years of experience to know how to do what I do.  A new person coming into ownership would take 1-2 years to get to my level.  So the best thing I could do (1) for my own sanity and for (2) the value of