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?
What your business needs to fuel its growth and value…
Have you ever felt the weight of running your business?
Wouldn’t it be nice not to have everything resting on your shoulders?
Wouldn’t it be nice to feel supported and know that certain things are ‘handled’, and you aren’t solely responsible to make key things happen in your business?
I’m not a car person by any means, but this analogy popped into my mind as I was thinking about how I often hear (and experience) the challenge of feeling like you’re alone in your business.