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Comments Off on Why exit plans matter to Boomer Business Owners (BBO’s)

Why exit plans matter to Boomer Business Owners (BBO’s)

Why exit plans matter to Boomer Business Owners (BBO’s)

In the next 10 years it is estimated that $10 trillion in Canada, will change hands as a result of small and medium size businesses being sold, handed down to the next generation, merged, or simply closed down. One estimate is that 800,000 Canadian businesses will change hands due to boomers retiring.

Comments Off on Is Your Business Healthy?

Is Your Business Healthy?

Is Your Business Healthy?

There is a risk that many CEO’S and senior managers take in thinking that they know where the business stands in terms of organizational well-being. Of course good managers review the company’s financials every month, and use KPI’s and dashboards to monitor key performance items.

Comments Off on Is Spirit Important In Your Business?

Is Spirit Important In Your Business?

Is Spirit Important In Your Business?

Good sports teams are not made, they are crafted and nurtured over time. Of course selecting the right players for each position is important, but the role of management, the coach, and the captain is to create a culture where individual energy is harnessed to stronger team performance.

Comments Off on Businesses Fail Everyday

Businesses Fail Everyday

Businesses Fail Everyday

I recently read an article by Larry Alton for Entrepreneur Magazine and found that it has highlighted what we found as well – hope you find it interesting! – Adrian

 

Comments Off on Why Hiring a Consultant Goes Bad: Relying On Big Firms

Why Hiring a Consultant Goes Bad: Relying On Big Firms

Why Hiring a Consultant Goes Bad: Relying On Big Firms

Naturally, the obvious way to avoid an unqualified or unengaged consulting firm is to seek out a large, established firm with a long, proven track record. This makes sense, right? The answer is a straightforward maybe…possibly.
Consulting is a multi-billion dollar industry and many companies have received good value for their investment in outside expertise.

Comments Off on Why Hiring a Consultant Goes Bad: Owner’s Lack Expertise

Why Hiring a Consultant Goes Bad: Owner’s Lack Expertise

Why Hiring a Consultant Goes Bad: Owner’s Lack Expertise

When it comes to the challenges your business is facing, you might have both internal and external issues, weighing you down and holding the company back from real success. However, sometimes the issues can be symptomatic of the real problem – you, the business owner.