9 Warning Signs Your Business Is Too Reliant On You
If you were to draw a picture that visually represents your role in your business, what would it look like? Are you at the top of a traditional Christmas-tree-like organizational chart, or are you stuck in the middle of your business, like a hub in a bicycle wheel?
8 Strategic Ways to Successfully Exit Your Business
According to Paul Simon, there are 50 ways to leave a lover. Not being as creative as Mr Simon, I’ve got 8 ways for owners to leave their businesses. If done strategically and on time, they can be the foundation of the owner’s successful exit.
Why only 5% of business owners SUCCEED and 95% DON’T
The findings point to a stark realization that, for most business owners, extracting maximum value for their largest wealth asset (their business) and transitioning out with success may not be rooted in reality. Let’s look at these alarming statistics in more detail …
How much time do you really have left?
If you think there’s plenty of time left to exit your business and live out your golden years, think again! This vlog shows how to calculate the real time available to live out your next chapter of life …
How can FROGS drive up the value of your business?
Unless you own a pet store that sells these cute amphibians, the answer to that question is not immediately clear. But it’s true, FROGS can drive up the value of businesses in all industries! Read this article to find the answer to this unusual question …
Failing to plan has a breathtaking price. Don’t sacrifice your future!
It is common for business owners to be overwhelmed by the thought of transitioning out, or become so busy fighting daily fires in their businesses that they assume they cannot plan their transition. So if you’re unsure about your future business transition, why is it important to act on it today?
Why Master Planning? Why Now?
Only the planning process sets up the best opportunity to transition out of your business on your terms despite the glut of sellers, dearth of buyers, vagaries of the market and investment world, and the myriad of known and unknown influences on your business.
5 Ways to Get Your Business to Run Without You
Some owners focus on growing their profits, while others are obsessed with sales goals. Have you ever considered making it your primary goal to set up your business so that it can thrive and grow without you?
A business not dependent on its owner is the ultimate asset to own. It allows you complete control over your time so that you can choose the projects you get involved in and the vacations you take.