It’ll Never Happen to Me – Business Succession Planning
The Hit by a Bus Scenario Anyone that owns a business has heard about the hit by a bus scenario at some point in time. The problem is we all deny it will ever happen [...]
How to Get Life Independence and Financial Freedom Using Your Business
Why did you start your business in the first place? If you're like most owners you thought it was your way to get independence and financial and freedom. So, why haven't you gotten there? Because [...]
Do You Think Like a Small Business Owner or Entrepreneur?
The Employee Scenarios Defined Several events recently occurred with client businesses that made me take a step back and really try to understand a why small business owner makes some of the decisions that [...]
A Successor – 5 Reasons to Make It a Priority
Business self-sustainability is one of the key topic I write about regularly, and a key factor is having a business successor. That’s because there are so many benefits that you get with a successor. The [...]
Want an Absentee Owner Business? 3 Skill You Must Master
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 [...]
Financial Freedom: How Big Do You Need to Grow Your Business?
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 financial freedom and independence [...]
Succession Planning vs. Exit Planning Which Do You Use?
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 [...]
3 Stages to Rapidly Scale Your Business
In the post “What Is a Self-Sustaining Business?” the correlation between the growth cycle and creating a self-sustaining business introduced. Here I’d like to share how to scale your business to make it self-sustaining! Achieving a self-sustaining [...]
What Is a Self-Sustaining Business?
Growing a self-sustaining business is the core of the Business Growth Simplified business philosophy! It is the focus of everything we do. That means we... Assist small business owners in growing a self-sustaining business. But, [...]
5 Owner Competencies Required for Rapid Business Growth
There are dozens of articles and blog posts written every day about what you need to really grow a business. Most tout the most obvious aspect – more money and financing; better marketing; added sales; [...]
Building Systems – 5 Steps to Establish a Repeatable & Scalable Business
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 [...]
Build an Asset NOT Just a Job – Entrepreneurship
Do you work your business like a job for a paycheck or do you build an asset which will generate wealth like an on-going annuity for you and your family? This is what keeps small business ownership [...]
5 Competencies of Entrepreneurs vs. Small Business Owners
People throw around the term “entrepreneur” like you wake up one day and decide you’re going to be one! Nothing could be further from the truth. The problem is many who call themselves entrepreneurs are [...]
Nowhere Land – Stuck Between Small Business Survival and Success
A great family and friends, beautiful home, nice cars, regular vacations, all the material things you could ever want. Your life is a dream. Sound familiar or like what you want for your life? I [...]