Up-shift Business Performance May Buy Your Business
Ready to retire, but . . .
- Business is declining or stagnating? - Retirements funds evaporated? - Banks aren't lending? - Business is your only source of income? - Want to focus on just those jobs you enjoy? - Need a way off the treadmill? |
Right now, the economy is the worst it's been since 1982
and it may be years before it fully turns around. Simultaneously, many of our Baby Boomer generation are retiring. But Baby Boomer business owners have a problem. Their businesses are declining or stagnating with the economy and so
is their confidence; their home equity and their retirement funds have
evaporated; they’re tired of running their business but they can't sell them
outright because banks aren't lending and they can't just close up the
business as now they can’t afford to retire. If they could get out and yet maintain adequate income to cover their
retirement, or if they could just reduce their responsibilities to just
those jobs they really enjoyed doing AND maintain adequate income to
maintain their current lifestyle, they'd do it!
After 25 years a business consulting, I can tell you that
most business owners will eventually admit they don't really know how to
grow their business much beyond what it’s been doing. The usual scenario is that initially they were very good at doing
SOMETHING themselves. They were
the subject-matter expert and the chief techie at something and they were so
good at producing that something that the demand increased. With the increased demand came the need to expand their
organizations. But the typical small-business owner, not also being an
expert in every subject vital to business growth - Strategic Planning,
Financial Management, Project Management, Personnel, Metrics, Marketing,
Sales, Accounts, Quality Assurance, Public Relations, etc. – was only able
to grow the businesses up to their level of competence and there they
struggled along - out-selling and out-producing the inherent and systemic
flaws in their operations, on a long-term roller-coaster ride between fat
and lean times, being a moderate plugging success until the stress caught up
with them.
Had the necessary expertise been accessible to them, they
could have maintained steady growth and increasing profits - particularly in
"good times." But now, given
the general economic downturn over which they have little or no control, the
unresolved internal situations are eating them alive and they are stuck on
their own treadmill.
For a piece of the action, we can solve that problem for
many business owners and manage the business for continuous improvement and
increasing profits, providing an adequate income stream from the business
throughout retirement.
If you fit the above profile of trapped business owners
and want a secure way out,
contact us.
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