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!
I’ve had a number of clients and prospect lately pull back into their hard shell. So, I decided to take a step back and try to determine why!
Often the terms succession planning and exit planning get used interchangeably. However, there is a definitive difference between the two. It’s important as a business owner that you understand the difference.
Financing in the startup stage is always a challenge. In this posting entitled Chinese Math, yoursmallbusinessgrowth.com regular contributing writers, Frank Gnisci, gives a great account of market forecast fallacies created in many startup business plans.
Success is the common goal of every entrepreneur. However each entrepreneur defines success very differently. Whatever your definition some key criteria and decisions are needed before you can start.
Leadership is a discipline that have I studied most of my adult life from ROTC to the Air Force to Business, and finally as an adult leader with the Boy Scouts of America.
Creating Success Means Getting Past Your Negative “Personal Speak”
After last week’s leadership post titled “Do You Have the Courage to be the Leader Your Business Needs?” I’ve had a lot of conversations about the big part a small business owner’s personal growth plays in business growth.
In a previous post titled Getting Beyond the “Survival Stage” of Growth in Your Business, I touched on the process by which you begin building systems which your business can operate on its own.