Customer lifetime value; lifetime value calculator and CLV calculation

Customer lifetime value; lifetime value calculator and CLV calculation

A customer lifetime value calculator, CLV calculation in business marketing and why customer lifetime value is important.

The article includes the definition and meaning of customer lifetime value and includes examples and case studies.

How to determine the value of a customer and what are the benefits of knowing and understanding the value of your customers? Focusing on customer lifetime value or CLV is the silent competitive edge for businesses. And discover the importance of customer exit interviews.

Barbara Corcoran net worth

Barbara Corcoran net worth

Barbara Corcoran net worth of £67 million (USD $90 million). Barbara Corcoran is an successful woman entrepreneur who made her money in real estate in New York.

She is author of two books, one of which is Shark Tales, which is so called from her appearing on ABC’s Shark Tank show in America.

A success story where she went from borrowing $1,000 from her boyfriend Ramon Simone to set up a joint business, to selling her real estate brokerage Corcoran Group for £49 million (USD $66 million).

Employee retention strategies

Employee retention strategies

Employee retention strategies and how to retain your people comes down to trust and creating a powerful WHY.

Companies which are in tune with their ‘WHY’ are more likely to retain their staff. This is because employees who work for a WHY do so for more than simply a pay cheque.

Also by employing the right people in the first place will mean they are more likely to stay with you, which means your employee retention rates will improve.

Putting employees first over customers and shareholders will improve employee retention rates too, which has been proved at Southwest Airlines.

Daymond John net worth

Daymond John net worth

Daymond John net worth is estimated at £186.5 million ($250 million) as of 2017…fashion industry pioneer, entrepreneur and Shark Tank shark.

Co-founder of FUBU, which he set up from his home in New York. Taking a $100,000 loan and growing his business into an American billion dollar empire.

Daymond John is a pay it forward entrepreneur. He spends a part of his time helping other up and coming entrepreneurs. His book ‘Going For Broke‘ is written to help newbie entrepreneurs who are starting out broke and with an empty bank account.

Arlene Dickinson net worth

Arlene Dickinson net worth

Arlene Dickinson net worth as of 2017 estimated at £75 million (USD $100 million; CAD $125 million).

A celebrity entrepreneur who’s appeared on CBC Dragons Den up until she left in 2015. She re-appears in 2017 as one of six dragons on this popular Canadian TV program.

A marketing guru and venture capitalist, which makes a great combination for helping entrepreneurs and startup businesses.

A Canadian immigrant from South Africa started with nothing and has become one of the Top 100 Business Women Owners in Canada.

Joe Mimran net worth

Joe Mimran net worth

Joe Mimran net worth is estimated at £150 million (USD $200 million; CAD $250 million). Canada’s Dragons Den dragon and Toronto-based fashion entrepreneur.

Starting life as a Chartered Accountant, but ending up a fashion entrepreneur founding brands like Joe Fresh, Club Monaco and co-founding brand Pink Tartan with wife Kim Newport-Mimran.

This successful entrepreneur has homes in Toronto, Canada, Manhattan, New York and Palm Beach Florida. A fashion icon, known for not wearing socks and for his bespoke glasses made by Oliver Goldsmith.

Dragons Den Dragons

Dragons Den Dragons

Dragons Den dragons from the popular BBC show in the UK.

Dragon entrepreneurs with a combined Dragons Den net worth of £986 million or $1331 million. In America this represents over a billion dollars in net worth.

The 2017 UK Dragons Den line up includes veteran Peter Jones, successful woman entrepreneur Deborah Meaden, fashion tycoon Touker Suleyman and newcomers Vitamin King Tej Lalavani and banking entrepreneur Jenny Campbell.

Dragons Den is on it’s 15th UK series and is still as popular as it ever was. Two new dragon entrepreneurs join the line-up, with many more entrepreneur looking for investment too.

Michael Wekerle net worth

Michael Wekerle net worth

Michael Wekerle net worth is estimated at $100 million. The CBC Dragons Den “Mick Jagger meets Warren Buffett” entrepreneur. Wekerle is a venture capital investor on Canada’s Dragons Den along side the likes of Jim Treliving and Michele Romanow.

Mike Wekerle or “The Wek” is one of Canada’s most successful merchant bankers. His Difference Capital Inc. business invests in tech businesses.

He made $6 million in just four days after the 1987 stock market crash, taking his negative position from $2 million into the positive once more.

Going concern value

Going concern value

Going concern value and the definition of going concern. Broadly speaking going concern is referring to a business operating at a profit, which is expected to trade for the foreseeable future.

The foreseeable future for this purpose is normally regarded as 12 months. Going concern value is key if you are selling a business as a going concern. Likewise if you are buying a business as a going concern, you will be keen to know whether the business is likely to continue trading into the foreseeable future.

The value of a business will be adversely affected if it’s not considered to be a going concern. In this case either a liquidation value or a receivership value will be placed on the business.

Manjit Minhas Net Worth

Manjit Minhas Net Worth

Manjit Minhas net worth is estimated at over $200 million. Co-owner of the ninth largest brewery in the world and included in the Top 100 Women Entrepreneurs in Canada.

A dragon on Canada’s Dragons Den and invests alongside fellow woman in business Michele Romanow.

Since she’s been on the successful CBC Dragons Den show, Manjit has invested nearly $3 million in businesses since 2015. This is since she first appeared on the show. She is known to first invest in people and then in products and businesses.