Even if your business exit plan may not be used for years, developing one sooner rather than later can ensure a smooth transition. More importantly, it can help you make strategic decisions that will benefit you financially during and beyond your exit. Building...
This is where your money is made or lost. Now is a good time to take a close look at how you talk to your prospective clients.
Band aid approaches of hanging on can bleed you out of business.
People always buy initially based on emotion.
Life is too short to do business with people we don’t enjoy or who don’t contribute value.
Why wait for a crisis to get creative?
Make sure goals and expectations have specific timelines and quantifiable measurements.
Those who use this pause time wisely will come out the big winners on the other side of this situation.
A plan invokes creativity and forethought rather than shooting from the hip or knee jerk reaction execution.
Determine what it will take for you to pay off your personal debt, business debt, and what your desired monthly lifestyle is per month.