3 Ways to Increase the Enterprise Value of Your Family Business

When you’re wrapped up in the day-to-day challenge of running a business, you can easily overlook some big-picture opportunities to boost your bottom line. Here are three factors to focus on today.

A small businessman peers at his computer as busy people walk all around him.
(Image credit: Getty Images)

Many entrepreneurs focus on revenue, innovation and people to lead their enterprise forward in the future – but business tends to get in the way. Finding, recruiting and hiring talent, maintaining relationships with key customers and vendors, dealing with the day-to-day issues of growth and management of the business over time create bottlenecks that stunt growth and decrease your business’s value.

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Dennis D. Coughlin, CFP, AIF
Partner, CG Capital

Dennis D. Coughlin, CFP, AIF, co-founded CG Capital with Christopher C. Giambrone in 1999. He has been in practice since 1996 and works with individuals nearing retirement and those whom have already retired. Proud of his humble upbringing, Dennis shares his advice with the same core principles that he was raised with. When not in the office, you will find him with his family enjoying the outdoors.