Working Smarter

Working Smarter

  • May 4, 2010

We encourage business owners to work smarter, not necessarily harder, to prepare for the day when they are ready to sell or transfer their business.

We suggest that every action you take to exploit new opportunities or every cut you make to create a leaner and meaner company, that you do so while asking: How does this action get me any closer to my goal of leaving when I want, for the amount of money I want, and leaving the company to the successor I choose?

Create manageable goals for your exit. Create a list of small action steps for each goal with deadlines. Choose an advisor to help you create a roadmap and to hold you accountable. Give serious thought to working on, not in, your business so you can leave the way you want and when you want.