A Question of Intent

Siimon Reynolds’ book “Why People Fail” with Kevin Lovewell – Chapter 10

As I started this chapter, my phone rang. It was one of my business clients, and this person’s response to my “How are you?” was a perfect copy of one of my own general responses … “I’m flat out like a lizard drinking!” he said.

The 7 Crisis Points Every Business Encounters and How to Survive Them – Phase 4

Phase 4 – Systems Phase four represents systems. The owner now has a business and the team seems on the face of it to be all running in the same direction. The owner now needs to plan for intelligent, incremental improvements. The business plan concentrates on coordination. Whilst the owner may occupy the functional role […]

The 7 Crisis Points Every Business Encounters and How to Survive Them – Phase 5

Phase 5 – Sustainability Phase five represents sustainability. The owner now has a franchise (as in the business model can be replicated like a cookie-cutter recipe) and needs to behave like a franchisor as growth occurs through the second store, branch or independent revenue streams coming into existence. The crisis however is one of identity. […]

The 7 Crisis Points Every Business Encounters and How to Survive Them – Phase 7

Phase 7 – Succession Stage seven represents successful succession occurring, the owner has a retirement or exit plan – their legacy is in position structurally and financially. The owner has found a buyer or the IPO is in position.

The 7 Crisis Points Every Business Encounters and How to Survive Them – Phase 1

Firstly and importantly we must look to how each crisis phase shapes managerial characteristics. The skills possessed by the entrepreneur that helped start the business are not the skills that will grow it.

Kevin Lovewell

M: 0401-308-385
E: Click here to contact Kevin Lovewell
Member & Registered Business Valuer
Australian Institute of Business Brokers

Graham Long

M: 0428-649-791
E: Click here to contact Graham Long
Member & Registered Business Valuer
Australian Institute of Business Brokers

Kevin Lovewell

M: 0401-308-385
E: Click here to contact Kevin Lovewell
Member & Registered Business Valuer
Australian Institute of Business Brokers

Graham Long

M: 0428-649-791
E: Click here to contact Graham Long
Member & Registered Business Valuer
Australian Institute of Business Brokers

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