As you move through the first quarter of 2019, this is a good time to take stock of how you are doing with making the changes you laid out for your business this year.
Many business owners decide that if they are going to transition their business to others, they first need to transform it.
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TRANSFORMATION: "A radical change that orients an organization in a new direction and takes it to an entirely different level of effectiveness."
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Business transformations incorporate both internal and external factors related to the organization.
Read how one business owner needed to consider how his transformation would be perceived by all of his stakeholders.
"Nearly 75% of entrepreneurs will exit their business over the next 10 years. Who will fill their shoes?"
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Are you getting your business ready to transition it to the next generation of owners? How will you stack up against others who are doing the same? Owners planning to sell will face stiff competition as hundreds of thousands of businesses come onto the market.
According to the Canadian Federation of Independent Business, (CFIB) nearly "three
quarters of small business owners in Canada will be faced with this challenge in the next 10 years, leading to a transfer of business assets potentially worth more than $1.5 trillion." Read the full article
here.
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Running your business AND implementing change is difficult.
BTA is here to help.
Is your business as profitable as it should be?
Can the business run without you?
Are you achieving the top line growth you want?
We work hands-on with owners to help develop and
implement strategies that increase business value,
