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As a business owner, you know what it’s like to lie awake at 2 a.m. Maybe it has happened when you are excited and full of new ideas for your business. More often, it’s because you are worried about issues you will face the next day. Sometimes, it’s because you just woke up with the solution to a problem. I’ve experienced all those emotions about my businesses over the years. Awake at 2 o’clock? is where I share them with you, and hopefully help with answers that will let you sleep.
John F. Dini, CExP, CEPA
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Small business owners are the Hunters of the 21st century. We are 3% of the US population, and yet we create over half of all American jobs. As Hunters, we may not be inclined to manage by the numbers or stick to systems. Are you a Hunter or a Farmer?
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How prepared are you to exit your company?
The Assessment breaks down the four major categories of exit readiness; Finance, Planning, Operations and Revenue/Profit.
Tag Archives: business
2 Responses to The AI role in Exit Planning
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2 Responses to Exit Planning When Kids Don’t Cut It
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Nailed it, John.
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You got this right!
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COVID Fatigue Unites Business Owners
Dealing with COVID fatigue unites business owners. If that sounds strange to you, let me make my case. I’m not doing this to whine, but I want business owners who don’t have an existing support structure to know that they … Continue reading
3 Responses to COVID Fatigue Unites Business Owners
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Thank you, John, for writing this. The chronic impact of COVID-19 seems to get heavier as time goes on. Being part of TAB where I can share thoughts/feelings about difficulties has been so helpful during this time. Successful business owners have perseverance, but these times sure have been challenging. Your statement about the serial issues/problems is spot on. We fix one issue only to have several more lined up to deal with. The issues brought about by COVID-19 are on top of our usual issues so take even more time/energy/money… I hope you are well. Thank you again for your article.
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John,
In a few short paragraphs you have succinctly stated what so many feel, but are at a loss to define or adequately express. I have copied and shared your thoughtful article with a couple of my Business Coaching Clients that are doing “well” during COVID and yet feel strangely guilty in doing so. They know much of their “New Normal” success is COVID generated, and is temporary in nature, but are thankful, and a little guilty, that it comes from the misfortune of others.
Lemonade from lemons with a COVID twist?
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School Daze and Business Owners
“School Daze” is more than an old Spike Lee movie. It’s the latest “COVID-19 gift” as one of my clients facetiously refers to ancillary issues created by the pandemic. As employers, we are watching and waiting to see what new … Continue reading
Having answers to these ten queries gives a business owner a valuable checklist of issues to consider before committing to a selling process.
In addition to these ten queries, I would recommend “How do you calculate the Fair Market Value of a business?” I believe that a business owner should perform an FMV calculation every year.
These 10 queries give the business owner an excellent checklist of issues to consider before committing to the sales process. I recommend one other question, “How do you calculate the Fair Market Value of a business?” I believe that business owners should do FMV calculations every year.