“In the business world, the rearview mirror is always clearer than the windshield.” – Warren Buffett Given the goings-on since our last post, we need to discuss the importance of disaster preparedness for small businesses. According to FEMA.gov, almost 40 percent of small businesses never reopen following a disaster because just a few inches of … [Read more...]
The Buy-Sell As Part of Your Exit Plan
Every exit is an entry to somewhere else. -- Tom Stoppard Last week we discussed the importance of drafting a will or trust and exit strategy as part of your business plan and that the Purple Rain will fall on you if you don’t plan for your eventual exist from the building. This should be part of your long-term plan to make sure the business is … [Read more...]
Preparation and Motivation
“By failing to prepare, you are preparing to fail.” – Benjamin Franklin Those lazy, hazy, crazy days of summer are winding down and it's time to get back in gear. While you're planning your Labor Day BBQ, you should also be planning your business strategy for the fall. This is the ideal time to knock off some crucial, but tedious tasks. Prevent … [Read more...]
