DillonHince

If you know who is going to buy your business, you have already dealt with the significant core perception necessary for business strategic planning: that inevitably, voluntarily or involuntarily, you will transfer your business interest. The reality check for the owner-manager of a business is the perception of and planning for the inevitable transfer of the business interest. The owner and the business will separate, the principal unknown factor is when. The estate planner waits for the client to say "When I die" instead of "If I die." Similarly, business strategy cannot be effective if there is a denial about the inevitability of the transfer of the business. Once the inevitable transfer is acknowledged, even though the time may be impossible to know, the probable buyer and the terms of the transfer, may be envisioned. Business strategy should have a primary goal of formulating the transfer of the business to known and probable buyers for the highest possible pr

Business owners and entrepreneurs are not always good at asking for help. Be honest, when did you last reach out to someone? Perhaps this is the reason why they are entrepreneurs in the first place. Business owners are self motivated and self reliant. But if you're operating a business in this way, it could be the one thing which stands in the way of progress. Entrepreneurs are hard workers too and will work hard in areas which many people wouldn't consider. They look forward to the long term effects of their actions rather than for immediate rewards. Often business owners have built up their businesses over many years of difficulties and sacrifice. However, thinking into the cause and effects of all this work there is one thing in common: you. As the 'owner' of a business it can be easy to become complacent. Perhaps business growth isn't what it should be? You are always the limiting factor in your life. Unless you are growing, your business isn't. wallayavi