Business owners – what happens if something happens to YOU?
I’ve been working with a growing number of business owners who are now seriously working on succession plans. To be honest, this is something that’s healthy to tackle even when you’re starting out.
As your business grows and you hire employees, it’s easy to spend all your time focusing on the day-to-day issues and growing the company.
What happens if something happens to YOU?
For many companies, despite all the loyal customers and supportive partners, the loss of its owner could well mean business failure. And whether you like to admit it, this DOES happen. Car accidents, heart attacks, random disasters – you could be involuntarily taken out of the picture tomorrow.
But I don’t want to be morbid. Let’s look at a more positive scenario: What happens if you want to retire? What if you want to move on to the next phase of your life?
- What do you WANT to have happen to the business when you move on?
- What would be best for your employees, your customers, your partners, your stakeholders?
- What are the scenarios that you’d like to be prepared for?
- What are all the roles and tasks that you have as business owner?
- Who do you need to develop inside the company?
- What needs to become clearer and be articulated better?
Do you have succession plans? Is your business prepared for the transition that will happen when you take your next step out of the company?
There are four ways you can engage with me:
1. Subscribe to these emails and get them once a week in your inbox so you never miss a video from me.
2. Join the Trades Business Toolshed Facebook Group where you can watch these videos, ask me questions or talk to your peers.
3. Attend my next Tradie Profit Webinar.
4. Book yourself a 10-minute chat with me. We’ll talk about whether coaching is right for you now and if it is, we’ll go further into the process before you have to make your mind up.
See you later.
Click here to book a money maker call with Jon.
