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The Strategic Imperative: Encouraging Business Owners to View Their Ventures Through Investor Eyes
This article highlights the pivotal role of advisors in guiding business owners’ ventures and encourages them to advocate for entrepreneurs to adopt an investor-centric perspective. By encouraging business owners to view their ventures through the eyes of outside investors, advisors facilitate objectivity, long-term value creation and the identification of strengths and weaknesses. Access to capital (if desired), strategic alignment and accountability are also benefits, ultimately positioning businesses for sustained growth and resilience. Ready for Next's “See Your Business Through the Eyes of an Investor” assessment tool is a practical step for owners to gain insights into their ventures' investor appeal, underscoring the advisor's role in helping an owner succeed.
Is your business increasing your risk of heart disease?
Experts emphasize the importance of living a “heart-heathy” lifestyle – regular exercise, good diet and stress-management practices – to reduce our risk of heart disease. The same basic idea applies to a business. One of the three ways to increase the value or “health” of a company is to reduce risk. This just so happens to come with the added benefit of reducing business owner stress in the long run.
quiet quitting
Quiet quitting is more about defining personal boundaries than “sticking it to the man.” Perhaps quiet quitting is an answer to an extended period of time where “going above and beyond” at work has become normal and expected. This article will explain more about quiet quitting.
the link between psychological safety and business culture
What if at your last innovation or strategy session the million dollar idea wasn’t said out loud? People are less likely to speak up and share their ideas if the environment doesn’t promote psychological safety.
the challenge and opportunity of growing your business
Timing is everything and four other tips for growing your business.
curvespanning: a new way of thinking about family business transitions
Lack of proper succession planning is primarily to blame for 70% of family businesses failing to transition between first- and second-generation owners.
Family business - a next generation opportunity?
90% of all businesses in the United States are family held. Succession planning within the family can add additional elements and legacy can have an additional level of importance.