​​Why 80% of small business owners are in for a rude awakening... And what you can do about it.

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Eight out of every ten business owners who decide it's time to fullfil their dream of selling their business get a rude awakening...
Because it's well documented that 8 out of every 10 businesses put on the market will never sell... 80% !!!

​​But what does that have to do with your business, even if you're not thinking about selling?

First, let's look at the 3 main reasons for this phenomenon:
a) Lower sales/revenue compared to competitors
b) Subpar profits
c) Too much owner-dependence in daily operations.

So here's a question...
​Is it possible that some of the seeds of that eventual reality are already starting to grow in your business as well?
 
Take this quiz.
1.     I  attend most of my kids’ events and family activities.

2.     I have a management team in place that can handle most operational problems before they bring them to me.

3.     I have someone in my organization who monitors accounts receivable weekly who also has clear instructions for dealing with aging accounts.

4.     I’m updated early in the week... every week... about how much revenue is expected to come in, how much expenses are going out and how much cash will be left in my operating account at end of week (EOW).

5.     I always make payroll and handle [all] payables when they are due.
 
If you answered “nope” to 3 or more of these questions… You now have something to think about for improving your company's efficiency, profitability and ultimate valuation!

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~Since 2008, Ted Frangos, The Blue Collar CFO has been helping small business owners create More Business… More Profit… Less Stress… and Keep More Money in the Bank at the End of Each Week… After the Bills are Paid...with his proprietary Business Transformation Methodology.
Learn more at:   TedFrangos.com