Give Me Two Hours A Month, And Your Problems Are Solved!
In my book, “Unlocking Your Business DNA”[1], I discuss a system called, “The One Page Blueprint Solution”, or “OPBS”. This system is designed to help business owners solve specific problems in their business, effectively, efficiently and without giving up time to work in their business. It is a way to finally have business owners “work on their businesses” and solve business issues important for the success of their business.
The OPBS does many things, among them:
- Prepares the owner for the planning session in advance.
- Organizes what needs to be discussed.
- The business owners control the agenda discussed.
- Covers the elements which need focus.
- Allows owners to work at their own pace.
- Creates brevity in your planning, leaving more time to work in your business.
- Planning time is 1-3 hours a month which 60% of the time involves a self-study review.
- Issues get resolved very quickly.
- Many other benefits…
I use 15-20 key areas that I feel most business owners need to address if they wish to maximize their business growth and create the highest potential value for their business. Here are two of 15 as examples of what is needed in the planning.
This is an example of two of the many areas of planning. I work with about 15-20 areas. Not every company needs to fix all the areas, however, over time without reviews, areas of planning which were up to date at one time, can lose their effectiveness when not fine-tuned.
The Sale of Your Business to The Outside:
- This could be in two months or thirty years; it is different for each business. In this planning session there are several areas the business owner needs to focus on.
- Systemized business
- Put business in growth mode
- Delegate to middle management and upper management
- Lock the key group into the company
- Attract several potential buyers
- Receive maximum cash for the sale
- Prepare to leave when you want to leave (maybe stay only if you want to stay)
- Plan to do something the rest of your life
- If you start early, you can control the whole process
- Tools needed:
- Value Drivers
- Systemizing the business
- Golden Handcuffs for management and stay documents, (disclosure, competition, non-compete)
- Controlled Auction for the sale
- #Sale of your Business from Inside the business or to your family!
- Make sure the new owners can run the company without you
- Lock in non-owners’ managers
- Delegate your responsibilities to management
- Due diligence to make sure you don’t end up with the business after the sale
- Put business in growth mode
- Guarantee income stream from the sale
- Minimize taxes to you
- Minimize taxes to the seller
- Have a lifetime plan
- Teach employee to be employers
Tools needed:
- Market Value Drivers
- Systemizing the business
- Golden handcuffs for management team
- Well Designed transition Plan
With the help of “zoom”, phone conferences, and the cloud, we can discuss an array of topics without parties leaving their offices. Our designed meetings are previewed before our discussions so questions can be prepared about the subject matter. (This creates a great give and take of the subject)
It is my opinion that business owners should review all the key areas of their business periodically to make sure they stay “a fine-tuned machine” and maximize their future potential value of growth.
If you wish to participate in a one-minute business assessment, to see how ‘fined tuned” you are;
Trust me: (it takes one- minute to do). I will send you a FREE report card and summary of where you may want to focus for your business efficiency. ALSO, along with the completion of the survey, I will send you a copy of my newly published book: “Unlocking Your Business DNA”.
[1] You can purchase this book at Amazon-kindle and paperback. Profits go to “Wounded Warrior Foundation”