It happens each and every year. We come to the end and turn the calendar to the next one.
With each new year we look forward to what might come, as well as worry for the same. For many business owners when the economy is strong, there is little fear for the future. However, when the economy is uncertain or change is on the horizon bringing unknowns, it can impact business performance, and even business value. Consider what success factors of your business and what they look like. In this article, Kendall Rawls offers you five questions to ask yourself as you prepare your business for the next year.
Click the following link to read Kendall Rawls’ Multi-Unit Franchise article titled: The End of the Year is the Time to Plan for the Future
Read the article and then contact us to get some insights on your own scenario. Even if you don’t become a client, a few minutes with us may help you save years of headaches. Contact Us
Business value is tied to performance. Top talent, strategic vendors, and creditors will be influenced by the organization’s competitive advantage in the marketplace. Traditionally, transitions generally bring with it a drop in profits. It is crucial that your business is operating at peak performance in order to fulfill cash flow needs and expectations during times of transition.
Click the following links for more drill-down resources on Business Performance.
Sign up for our monthly e-newsletter to stay informed on how to overcome related succession planning issues.
We can help you with insights, other resources, and see if it makes sense to work together. At the very least, in 30 minutes, you may get some ideas you can apply to your business right away.