What drives up the value and profit of a business?
By DanSystems!
Why do “systems” drive up value?
Because when a business buyer sees that there are systems in place they don’t fear that the business is all in the head of the owner. This is encouraging to a buyer because if the owner goes to the beach and turns off her cell phone, the business isn’t dead. If you’re a business owner who LIKES having the entire value of the business in your head, you’re a nut job control freak who has no right to complain about your business!
Systems drive up income….
Why?
Because systems allow you to concentrate on the other things that are not systemeatizable, like new product ideas, new relationships with customers and vendors,etc.
Systems are NOT beauracracy, systems are sanity!!
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Resources:
Sunbelt Business Brokers Texas