Many business owners run their businesses based on their current lifestyle needs. However, when you begin to consider who will own your business after you, i.e. your exit from your business, you need to ask yourself whether you are focused on creating a stream of...
Today’s business owners are becoming more and more aware that preparing their companies for a sale has a lot of benefit to them and their businesses. In fact, with the growing marketplace of ‘exit planners’ – professional advisors who help business owners prepare for...
What is EOS®? The Entrepreneurial Operating System® is a methodology and toolset for running a business. While parts of it can be used for any size business, typically businesses that are 300 employees or less adopt it. It is made up of Six Key Components™: Vision –...
The final Core Concept of the Value Acceleration Methodology is the most crucial. It deals with laying out an actionable exit plan and carrying it out successfully. We call this concept Relentless Execution. At its core, Relentless Execution is about getting things...
Owners who think about exiting their business should wonder who the future owner will be and what will they be interested in when acquiring the business. These future buyers will consider both the company that you run as well as, potentially, how you run it in making...
Value Acceleration Methodology - Part 3 of 4 - The 4 Cs We’ve already discussed the first two Core Concepts of the Value Acceleration Methodology: the 3-Legs of the Stool, and the 5-Stages of Value Maturity. Now it is time to talk about Core Concept #3: the 4 Cs. The...
As a succession planner, it is essential to identify any factors that could potentially affect the business's long-term success. Advisors must evaluate the organization from all angles to gain a comprehensive understanding of the organization's environment. The...
An exit from a privately-held business is a complex decision. Each exiting owner will have a unique relationship with their company as well as their community, family, employees, managers, vendors, customers, and others who are tied to that successful business....
The Five Stages of Value Maturity - Part 2 of 4 One of the concepts of the Value Acceleration Methodology is The Five Stages of Value Maturity. To build real wealth in your business you have to be able to identify these stages and understand what needs to happen in...
This newsletter is for owners who have the majority of their wealth locked in their privately-held business and are postponing planning for their future because of today’s difficult recession and slow recovery. A planning process, in essence, is one that looks out...
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