MfM's Blog
Articles and advice to help you create a better business, add value to your business, or get your business ready for sale or transition to the next generation.

How to Create a Business That Can Thrive Without You
The hallmark of a valuable company is one that can run without you, which means if you can create a business that’s built to sell, you also have the option to hold on to it without the stress of running your company on a day-to-day basis.

How to get rich in 3 difficult steps
In May, like so many of us, my wife and I escaped for a very much-needed vacation. The airports were getting back to having people, and the planes were packed. Much to my disappointment, I still could not enjoy my favorite air travel activity — getting a shoe shine....

How to Increase the Value of your Business by 71%
Let me introduce you to a statistically proven way to increase the value of your company by as much as 71%. Through an analysis of 6,955 businesses, it has been discovered that companies that achieve a Value Builder Score of 80+ out of a possible 100 receive offers

Six Power Ratios to Start Tracking Now to Help Your Business Sell in the Future
Those that know me and the work we do in Methods for Management, know I enjoy numbers. Through MFM we measure nearly 150 KPI’s all relating to the dry cleaning clients we serve. Today, I would like to introduce 6 new power ratios to track for your business. Baseball’s...

The Most Critical Factor in Achieving Your Goals | Goal Planning
As we roll into the second quarter of the year, you may be finally starting to consider your business goals for this year. Given how 2020 has gone, maybe your primary ambition is to survive in 2021. Perhaps you’re going to create a recurring revenue stream or finally...

8 Steps for Turning a Service into a Product
Service Providers Are Pivoting to Provide A Product
Many businesses have reacted by turning their services into what appears to consumers as a tangible product.