“Are you paying your sales teams substantial commissions for revenues that would have happened anyway? Or, are you paying on top-line revenue that is not profitable or isn’t fully aligned with your company’s valuation? If you are, you are creating a huge, long-term problem for yourself as a business owner.”
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Today’s lower middle-market business owners are facing a significantly more challenging competitive environment as a result of the influence of Private equity. They must either professionalize to sell, professionalize to remain competitive, or watch their businesses atrophy and die.
"Building and leading sales and marketing teams is often not a core competency of entrepreneurs, and developing a sales strategy, understanding the market and equipping team members with the tools for success is essential to not only organizational growth, but long-term viability."
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