Could you sell you business? Does it have any independent worth?
This is an interesting question that can change the way you run your business. Is your business a self sustaining company that could exist without you? If not you probably couldn't sell it! You may be able to sell a client list or equipment but that wouldn't be nearly as valuable.
Where does your business stand? Are you setting up process that will allow you to one day Retire, Sell, or Expand you business?
Thoughts?
This is an interesting question that can change the way you run your business. Is your business a self sustaining company that could exist without you? If not you probably couldn't sell it! You may be able to sell a client list or equipment but that wouldn't be nearly as valuable.
Where does your business stand? Are you setting up process that will allow you to one day Retire, Sell, or Expand you business?
Thoughts?