This is the fourth and final topic in this short series covering the problems I see owners have when trying to prepare their business for exit. There are many steps that can be involved in a succession plan and it will vary depending on the business’s needs. Let’s look at 3 areas in detail: Evaluate, […]
No Team, No Vacation (Topic 3 of 4)
This is a short series covering 4 problems I see owners have when trying to prepare their business for exit. When most business owners start talking about the different ways they may be able to exit their business, for instance sell off part or all of the business, and slow down or retire, the plan […]
Value to the Next Owner (Topic 2 of 4)
This is the 2nd topic in this short 4-part series, covering 4 problems I see people have when trying to prepare their business for exit. You want to sell your business. You have years of sweat equity, money, and emotions tied to this amazing entity you have built. Your clients love your services and receive […]
“No One Can Do What I Do.” I Call BS!
I have heard many clients and other business owners complain about their long days, and their inability to grow or let go. Everything relies on them to be at the centre of their business, controlling the start, the implementation, the management, and the delivery of ever aspect of their businesses. Their belief systems are often […]
Your Business Does Not Run Without You (4-Topic Series – Part 1)
This is a short series covering 4 problems that I see people have when trying to prepare their business for exit. I am covering each as a separate topic, so check back for the other blogs as they are posted. Who are You? Let’s look at two scenarios of why your business does not run […]
Why You Might Be the Reason You Cannot Sell Your Business
One of the top reasons a small successful business is not salable may be because of you, the founder. When the operations of your business depends on the owner to do the work, there is really no business to sell; unless you plan on selling yourself with the business? When you started your business, years […]
Who Needs Time Blocking? You do!
I have a friend that I speak with regularly. We talk about the things going on in our businesses and our lives. During the pandemic she thought the shutdowns would give her more opportunity to implement some new programs and marketing campaigns. The challenge for her was, as a result of Covid, more people needed […]
Employees that Transform Your Business
Organizational structure was set up over a century ago and remained mostly unchanged, since the beginning of the industrial age. Those that paid for the business had all the say in the business. They, and their advisors, found the funding, decided on the current and future conditions and direction of the company, selected the product, […]
A Story of Two Shutdowns And Their People
I want to tell you the story of two manufacturing companies. Both companies were subsidiaries of large global companies, owned by even larger foreign companies. Both companies had been in business for several decades, were well recognized and respected in their industries, and both had under 500 employees, but they differed in how they treated […]
Sentinels To Change
John P. Kotter, arguably one of the most prolific and well-known experts on the subject of change, uses his experience with hundreds of large corporations as research on the change process and what makes it successful, or not. He has published dozens of books on change and academic articles through Harvard School of Business, as […]