Business Value Booster Shots

Short Articles on Business Value Topics

Short-form (1-3 minute reads) available here and sent to all site subscribers via email.

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Would You Want to Work with You?

Would You Want to Work with You?

Is one of your business problems staring you right in the face and you're not seeing it? Of the four main reasons you won't be able to sell your business if you have to step away from it, or might even cause it to fail in the immediate future, one is the easiest to...

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Owner-Centric vs Owner-Dependent

Owner-Centric vs Owner-Dependent

What's the difference between owner-centered and owner-dependent? Many small businesses are owner-centric. Everything revolves around them. They check every outgoing delivery, handle all the cash, approve every sales estimate. Over time, that has to be fixed if you...

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Optimize for Taxes, Minimize Your Business Value

Optimize for Taxes, Minimize Your Business Value

Most small business owners are making one simple, well-intended mistake. Not only will it be impossible to sell their business should that need arise, but it puts you in danger of being arrested at any moment. What mistake is that? "Optimizing" their finances so that...

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Super-Owner, Super-Failure

Super-Owner, Super-Failure

Are you the Superman or Superwoman in your company? If you are working over 50 hours per week, then yes. But that’s not a good thing. Let’s face it, it’s only natural to want to feel as though your contributions are really making a difference. If you’re the business...

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Lighten the Load to Travel Faster

Lighten the Load to Travel Faster

A great plan isn’t perfect—it’s realistic. Adopting a whole new “business operating system” will just overload you and confuse your employees. Start with 1–2 near-term actions that (a) move you in the direction you need to go and (b) you can complete in the next 2–4...

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Giving Up Is Not a Strategy

Giving Up Is Not a Strategy

Every owner has four strategic choice to make. Not every day, but often enough to guide the general direction of the business for a while. Then there is Option 5: do little to improve the business, and don't put money into savings or IRAs because they plan to sell the...

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