When you started your company, how did you intend to get your return on your investment?
Despite the fact that Michael Gerber wrote the “E-Myth” some 25 years ago, many business owners today still don’t know the difference between working “IN” their business and working “ON” their business.
Victoria Wells at the Financial Post noted that BMO Harris Private Banking did a survey of business owners in Canada. They asked if they had done a succession plan. 89% of owners in Canada have not.
Are you a business owner? Do you have employees? If you do, and you have a product, service and marketplace that’s growing, you might be able to sell your company one day.
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