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Is Your Business Working?

AS I WORK WITH PROFESSIONALS AND BUSINESS OWNERS, I see far too many of them working hard to earn a living but utterly failing to build an effective business. Many business owners work hard all day and...

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Value Driver One: Putting Business Fundamentals In Order

The first step in building the business value necessary to achieve the post-business exit lifestyle he or she desires by creating  a written value-building plan that: outlines what must be done to...

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Protecting Business Assets

Failing to protect your business value from legal liabilities is a fundamental Exit Planning failure. To engage in Exit Planning, you must have a business to exit. Exit Planning assumes that the better...

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Put All of Your Eggs in One Basket?

We have all heard the old proverb that, “it’s dangerous to put all of your eggs in one basket.” But does the proverb apply in the world of business ownership? Specifically, is it a valid warning or...

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Phantom Stock Plan — The Stock Plan That Isn’t

We suggest that when an owner decides to financially motivate a key employee (or management in general), his first question should be, “Can this employee increase the value of my business in a...

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How to Make Your Staff More Productive

One of the greatest problems for every business owner is trying to get their staff to be more productive. So how do you go about getting more out of your employees?  Here are several tips you can do to...

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There’s a Dinosaur in the House!

Is there a dinosaur in your business? Johnny, a young boy, wakes up one day to find a small dinosaur about the size of a dog in his room. He gets out of bed and runs to his mother. “Mother”, he...

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