How to harvest the value in your business AND leave a thriving business for future generations.
Create a business model that turns your company into a valuable asset.
The definition of an asset: property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
Research shows that the number of employer businesses with 1-99 employees accounts for 97% of businesses in Canada (source: GOC: Key Small Business Statistics 2021).
And 67.6% of all employees work for small businesses.
As employers and businesses that often bring innovation and social impact through their products and services, what would it look like if more of these companies survived into the next generation? What if many could sustain and continue to bring their innovation, social impact, and dependable products and services to future generations?
Do you think creating a valuable business isn't for you?
If you’re a business owner and you think building a strong foundation that leads to a valuable business isn’t for you - then I encourage you to continue to read.
You see - there’s a strong link between the value of the business and the freedom you, as the business owner, experience in your business.
I hear from so many owners that the reasons they started their businesses were to experience some sort of freedom - freedom to do work they want, freedom to create their own schedules, freedom to work when they want, and to create financial freedom. Yet, many don’t achieve these things.
Freedom = Value.
Why?