Your Situation is Unique. Your Problems Are Not.
We work with a lot of different companies. And we have learned two things. Every situation is unique. But the problems business owners face are remarkably consistent.
With rare exception, however, most are trying to solve their problems using methods that worked in the past. When the world and their business was different.
These are the mistakes we see most often:
- Owners convinced they can solve every problem through instinct, trial and error.
- Owners who believe the economy is returning, and that will fix their biggest issues.
- Businesses trying to survive using practices and perspectives that have become irrelevant.
- Owners who think their competitors have the same problems.
- Owners trying to use a short term sales push as a path to success.
- Companies making decisions based on figures that are more than 30 days old.
- Companies that have no operating forecast for the rest of this year. Or next.
- Partnership agreements that no longer reflect the value each partner provides.
- Owners who think they might want to sell one day but don't want to think about that yet.
- Companies that talk about changing but don't.
If any of these resonate with you, it's time to deal with it. Companies big and small go out of business every day because their owners are in denial about their problems. Ask Rick Wagoner. Or Cliff Freeman.