PART 2: POWERFUL WAYS TO ADD VALUE TO YOUR BUSINESS: Posted by Cherie Eilertsen

5. Spend less time fighting fires and more time growing the value of the business. 

6. Develop a simple, powerful strategy to guide the business to success and take it to the next level. 

7. Put systems in place to improve quality, efficiency, and customer loyalty. 

8. Have a trusted adviser or Business Coach to talk to about the business, including a sounding board for new ideas. 

9. Grow and develop as a leader and business owner. 

10. Prepare the business for sale, and to get the most money possible for it when cashing out. 

The purpose of building your business is to create & build goodwill. If you create goodwill you create a sell-able business. If your business is not sell-able, then you have created a job, rather than an asset.

Posted by Cherie Eilertsen

 

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