Too often a business is run with the owner doing all the work
in the business. It is often more effective for the owner
to work on the business rather than in the business.
You may find it helpful to address the following: -
Yes
No
Unsure
Would the business continue to function or be saleable
at a price to reflect your input if you were unable to continue
to work?
Do you get the right information in sufficient time to
enable you to take the right decisions?
Do you know the profit improvement potential for your
business?
Extra sales at existing prices would bring extra profit.
But can you quantify the effect on cash flow?
Are you confident you have the right controls in place
to cope with expansion
If you answer ‘no’ or are unsure about any of the above questions,
at Murdoch Mann we will be pleased to help
