Value Builder: SHARE the Decision Making
As Baby-boomers head to the retirement finish line, adding every value builder possible to their business should be a Number One priority. What may appear to the Small Business Entrepreneur (SBE) as non-issue, can have a huge impact on the selling price of the business when it comes time to sell. Sharp potential buyers will look at who makes the big decisions. If the owner is the one and only decision maker, some buyers will reduce their offer by as much as 50%. Read Natalie Tarpinian’s article Let Your Employees Make Big Decisions and revisit your decision making strategies.