The Importance of Strategy
Strategy is seen by many to be a waste of time ... actions are seen to be important.
Many times we see businesses who have not assessed whether the path they are on is the correct one ... all too often it's too late when the realisation happens
The Biggest Challenge
Within 5 to 10 years there will be thousands of small business owners who are forced to close their enterprise at the point at which they wish to retire.
Following a life time of hard work many will sadly walk away with ... nothing!
Attaining the Right Mindset
If you are the owner of an SME business, you may believe that access to capital, enough to grow your business successfully, is the limiting factor ... however this is not necessarily the case – in fact it’s hardly ever the case!
Our shares
If you established your business under a company structure as part of a business set-up process there would have been shares issued, so you probably own shares in your company.
Oil for cars, at one stage, was only available in Glass Bottles.Valuing Your Business to Raise Capital
"Businesses are as unique and complex as the people who run them and are not capable of being valued by a simplistic rule of thumb."
Do it sometime ... next week
Stupid advice, certainly.
But it's free.
I didn't charge you anything for it.
Creating Business Value
Think back over the last week in your business ... how much time was spent on your business (strategic) versus in your business (operational)?