Business Value Booster Shots
Short Articles on Business Value TopicsShort-form (1-3 minute reads) available here and sent to all site subscribers via email.
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...
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...
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...
You’re Not That Different
The number one driver of business value, plus of course the way you get paid while owning it, is the profit that it generates. Rolls easy off the tongue to say “just increase your profitability” but if it was that easy, everybody would be doing it. And of course a lot...
Business Value Voodoo
When value advisors tell you what your business is worth, they’d better be telling you a range. A wide range. Nobody can give you any closer estimate without knowing a lot about your business. For many of them, the high-end number is the one floated in front of you to...
Alligators in Your Alley?
Do you know what makes your business valuable to YOU? No, it’s not the profit stream, and it’s not just a “three-times net income” formula. Think back to why you got into this business in the first place Is that dream happening for you, or are you grinding it out...
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Wellness Book Series
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