Succession_Exit

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How to Get Life Independence and Financial Freedom Using Your Business

2020-01-14T08:30:50-07:00Featured, Personal Growth, Recent, Succession_Exit|

It’s a new year.  Then economy seems headed in the right direction. And, from all the privately owned business owners I talk with they are aggressively looking to grow this year. These are all good [...]

Want an Absentee Owner Business? 3 Skill You Must Master

2019-12-14T08:49:02-07:00Self-Sustainability, Strategy, Succession_Exit|

Do you hope to take a vacation some day and not worry if your business will still be there when you return?  Then you need to set up for what I call business self-sustainability or [...]

How Big Do You Need to Grow Your Business For Self-Sustainability?

2019-04-29T10:50:20-07:00Featured, Self-Sustainability, Strategy, Succession_Exit|

In the past few weeks I have had several small business owners who I’ve met with that were interested in creating self-sustainability in their business.  They loved the idea that the freedom and independence which [...]

8 Critical Factors for Any Succession Plan

2020-06-15T08:46:55-07:00Featured, Human Resources, Leadership, Self-Sustainability, Succession_Exit|

As I presented in my previous post Succession Planning vs. Exit Planning Which Do You Use?, the primary goal of any succession plan is leadership transfer.  So, you can imagine that things can get a [...]

Succession Planning vs. Exit Planning Which Do You Use?

2019-12-14T08:58:55-07:00Planning, Self-Sustainability, Strategy, Succession_Exit|

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. Succession planning focuses on [...]

Successful Succession Planning – 9 Things to Consider!

2020-01-26T19:32:38-07:00Featured, Planning, Self-Sustainability, Strategy, Succession_Exit|

Succession planning is something too many small business owners think about too late!  Many don’t even think about succession planning because they believe that they will just sell their and that’s the end of it. [...]

What’s Your Greatest Challenge in Exiting Your Business?

2019-08-24T17:10:22-07:00Featured, need keyword, Planning, Strategy, Succession_Exit|

Is Your Business Ready for You to Leave? Last week I post a question, “What's Your Greatest Challenge in Exiting Your Business?”, on LinkedIn.  My intent was to get some feedback before writing the next [...]

Building Systems – 5 Steps to Establish a Repeatable & Scalable Business

2019-12-14T09:09:06-07:00Featured, need keyword, Operations, Succession_Exit, Survival|

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. Doing this allows your business to operate on its [...]

3 Questions You Must Answer to Successfully Exit Your Business

2019-12-14T09:12:06-07:00Featured, need keyword, Planning, Strategy, Succession_Exit|

I attend a lot of meetings and seminars focused on exit planning.  But, most fall short because they only focus on the transactional portion of the process. In fact, if you follow the advice that [...]

How to Become an Entrepreneur

2019-12-14T08:40:27-07:00Entrepreneurship, Featured, Personal Growth, Strategy, Succession_Exit|

Answer One Question to Change Your Mindset The statistics are shocking as to how few small business owners really think about transition planning, or more traditionally referred to as exit planning. That's why they are small [...]

#1 Reason Exit Planning Is So Critical When Starting Your Business

2015-07-13T18:01:53-07:00Featured, Strategy, Succession_Exit|

One of the first questions I ask clients when I start working with them is “what is your strategy to exit your business?”  Most of them say “I don’t know” or more frequently “I am [...]