Build Your Growth for Business Self-Sustainability
Business self-sustainability should be the goals of every business whatever your stage of growth. Growth without a purpose is a road that leads to nowhere. Business self-sustainability provides:
- Freedom from being tied to your business day-to-day.
- Financial independence by providing you with a passive income.
- Increases your business’ value by accelerating revenue, decreasing costs and risk, and increasing profitability.
- Assures your business is always ready for sale, as the market will dictate when it’s time to sell your business not you!
This blog is covers the topics which influence business growth and business self-sustainability a major way. Some of these topics you may familiar other, but you will see them from a very different perspective.
Others topics you may not have ever heard of before. We ask you to ask the question of why others that may be advising you have not told you about these things. It’s probably because they don’t understand the importance of these items to a business growth, or don’t have a necessary knowledge of how to build business self-sustainability.
Take a moment to browse some of the articles and let us know what you think. We’re sure that you will find something new that will challenge you to think about your business differently!
There is a lot here. If you’re not sure where to start might we suggest that you begin in the area which best represents you and your business’ current position on the growth cycle. Or, if take a look at our frequently asked questions. This may spark a direction that will lead you toward you original goal of independence and financial freedom which was your reason for taking the leap of faith when you started your business or as you begin the journey. We would be honored to join you along the way!
This week we’ll look at the rapid growth stage of the small business growth cycle. I haven’t spent much time on this stage of the growth cycle because it represents the opposite of what most small businesses want in their professional life – big corporate structure.
Business self-sustainability is one of the key topic I write about regularly. That’s because there are so many benefits that you get by focusing on business self-sustainability.
Here is a great observation on what makes you successful in life and in business. Chris Widener’s article Survivors and Thrivers!
Recent activity in my consulting business has revolved around a number of start-up companies. It has made me revisit the existence of the small business growth cycle once again.
Last week’s post The Major Barrier to Executing Your Strategic Plan, talked about self-awareness as a key to moving your business’ agenda forward.
Last week’s post was directed at those who set business growth as a goal for New Year. While the 7 questions addressed in the post are critical, they are not all the pieces to the growth puzzle.