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The Secret Sauce of Elite Business Owners
- In any situation, there are people that seem to have it all together. Parents, other students, and yes, Business Owners. Have you ever met them? They’re loving life, making plenty of money to go on vacation often, make charitable donations as often as they breathe, they’ve got the best of the best working for them […] Read More
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An Employee Council: Get the Scoop
- As we work with businesses that have award-winning team culture, one of the keys to this is continual feedback on where the culture of the business is going. After all, you can’t know if you’re winning the game if you don’t know the score. This continual feedback leading to a stellar team culture is the […] Read More
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Vacation for Business Owner? 100% Yes
- We’re willing to bet that there’s not a single Business Owner that got into the game of entrepreneurship because they wanted to work 50, 60, 70+ hours every week. They also didn’t start running their business so they would miss out on spending time with friends and family. You got started running your business because […] Read More
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Owner in Denial: Find Your Way Out
- . “It’s not denial. I’m just selective in the reality that I accept.” – Bill Watterson . Are you a Business Owner in denial? This is one of the most common things that we encounter when we meet entrepreneurs. It’s a common affliction, one that could mean disaster for your business. Entrepreneurs, particularly those that […] Read More
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Planning Your Exit Part 5: Transfer to Family
- This is Part 5 of a Series about planning for succession at the time that you decide to leave your business. Part 1 can be found here, Part 2 can be found here, Part 3 here, and Part 4 here. Throughout this series, we have talked about 3 out of the 4 ways to exit […] Read More
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Planning your Exit Part 4: Sale to Employees
- This is Part 4 of a Series about planning for succession at the time that you decide to leave your business. Part 1 can be found here, Part 2 can be found here, Part 3 here, and look for part 5 next week! Just like in the previous posts, Business Owners need to assure that […] Read More
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Planning your Exit Part 3: Sale to an ESOP
- This is Part 3 of a Series about planning for succession at the time that you decide to leave your business. Part 1 can be found here, Part 2 can be found here, and look for parts 4 and 5 in the coming weeks! When a Business Owner is planning their exit from their business, […] Read More
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Planning your Exit Part 2: Sell the Business
- This is Part 2 of a Series about planning for succession at the time that you decide to leave your business. Last week’s blog can be found here, and look for parts 3, 4 and 5 in the coming weeks! When planning for your exit from the business, other than walking away and closing the […] Read More
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Retirement: 6 Critical Steps for Business Owners
- Have you ever thought about what is going to happen after you are not working in your business anymore? Often we see business owners that are working so hard IN their business that they forget that part of working ON the business is thinking about succession, in other words, planning for the day that you […] Read More
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6 Ways to Lose an Employee (Part 1)
- One of the top problems that our business owners face is recruiting, hiring and training top talent. In fact, whether or not you are tracking the cost of employee turnover (you should), according to the Society for Human Resource Management (SHRM) the cost of turnover for a salaried employee can be 6-9 months’ salary. So to put that in […] Read More
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