May, 21st
10 STEPS TO SECURE THE ASSET VALUE OF A BUSINESS

prepare for a secure future and prosper today
Should the owners of small to midsize businesses be worried about the future?
NO!…not if they adopt a strategy capable of simultaneously building, securing, and allowing them to eventually exit the business.
By LSI publisher Art McNeil
*Unprepared, the security and value of SMBs will decrease over the next decade:
- Over the next decade, up to 8 million privately-held SMB companies will be sold—“baby-boomer owners” seeking retirement.
- 66% will not transfer to the next generation—kids reject the uncertainty of parent’s lifestyle
- The volume of companies for sale will reduce the purchase prices—supply-demand economics
- Preparing for an inevitable owner exit will help avoid a major dilemma tomorrow.
- Preparing for tomorrow can produce profit today.
- Personality driven businesses are worth less than companies using a management system capable of balancing inspiration and discipline.
*Exit planning institute
What’s your endgame?
- Few SMB owners have an answer to this important question.
- Many consider themselves too busy to consider their options.
- They behave like they own the job—not a company.
A ten step solution:
- Clarify cultural values to establish behavioral guidelines and focus a vision of the preferred future
- Teach people to inspire and support each other
- Discover the pain of customers
- Develop remarkable solutions
- Create an integrated strategy that will guide rather than sell customers
- Create a “purpose-full” master brand (tag line) that inspires both customers and employees
- Adopt a supervisory protocol that will hold people accountable—for everyone with direct reports
- Extract how the business operates out of people’s heads and into documented processes.
- Implement an employee centered continuous improvement system.
- Move away from a personality driven departmental structure towards managing by process discipline
Download the E-book: Secure Corporate Viability by
Creating *Transferable wealth and wisdom—how to make your business more
valuable and profitable—while reclaiming a personal life
*a company not dependent on the CEO or any individual
Also available in E-bookstores