This week I take a look at growing a business in a mature market? Is fast growth really possible? How are companies and businesses different? How can a company leverage its abilities?
Let's take a look at how I explain the difference between companies and businesses using the Boston Consulting Group Stars and Dogs matrix.
Rick sends in a question this week about investing money. What would I do with $65,000? Well, lets apply the asset classes covered in my book, Invest Local, and see how we might allocate the funds. Enjoy.
I answer this question from Sam in Orlando who is contemplating several business acquisitions. He needs to find sources of financing that act like equity in order to maintain his 'ratios.' I explain what is meant by 'ratios' and talk about ways to make it happen.
