A fun test to see if your business is owner-centric
Business owners are workaholics – that’s not a news flash.
But even business owners need
time to relax, reconnect with family and friends, and get a fresh perspective.
AND, businesses need to be able to operate successfully without the boss’ constant presence.
Businesses that are too owner-centric have limited value both now and when the owner is eventually ready to transition out of the business.
Logically, if the business can’t run without you, why would a buyer want it? The potential buyer needs confidence that the business can continue to succeed under his/her leadership after you’ve left to enjoy your Life Beyond Business.™ Your employees are the link between past and future success – they know what to do and how to do it.
Take a vacation and allow your employees to prove that they can handle business as usual.
You might even be surprised by some of their ideas and problem-solving techniques.