Business valuation is very important for any company. If you know what your business is worth today, you’ll be well-placed to determine its value tomorrow. However, the majority of valuation models take their basis from hard facts and historical revenue figures. If...
Global Resources LLC consultants
The Pitfalls of Failing to Prepare for Transitioning Your Business Leadership
If you’re running a small family-owned business, you will probably agree that planning for its future is a key priority. Yet, surprising statistics show that just 40% of those running small companies of this kind have thought about implementing a succession plan. Why...
Should You Be Setting Smart Goals in Your Strategic Plan?
Setting up your strategic plan for your business is a key element of ensuring your organization’s success. You need to envisage where your business is heading so that you can find the best and most effective route there. Yet, once your strategic plan is in place, you...
How to Prevent Family Business Succession Failure?
Successful family businesses are the result of risk-taking, due diligence and a lot of hard work. So, it comes as no surprise that families that own their own business often want to see it pass on to the next generation. However, this can often prove to be...
Three Top Reasons for Strategic Planning for Your Business
If you’re running a business, there are many priorities that you need to bear in mind and many things that you need to consider daily. However, having an effective strategic plan in place couldn’t be more important. This is key whatever the size of your organization,...
Working With A Team In Denial When You’re Strategic Planning? Your Top Tips To Overcome The Challenges
Everyone from time to time has denied reality despite all of the evidence to the contrary. However, in business, this level of denial can negatively impact on productivity and getting things done effectively. A recent survey by LeadershipIQ.com showed that almost a...