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Books > Business & Economics > Business & management > Business strategy
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Succession or Failure - The Small Business Owner's Essential Handbook for Value Creation, Exit Strategy Planning and Capital Extraction (Hardcover)
Loot Price: R660
Discovery Miles 6 600
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Succession or Failure - The Small Business Owner's Essential Handbook for Value Creation, Exit Strategy Planning and Capital Extraction (Hardcover)
Expected to ship within 12 - 19 working days
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Managing your lifecycle in business is the same as flying an
aircraft. You initially add some fuel before starting up, you fuel
the business with revenue and capital induction as you ascend, you
fly along your intended course, and ultimately you bring it in for
a safe landing as you exit with a handful of cash. Sounds simple,
though the vast majority of businesses fail somewhere along their
flight path and face an emergency off-airport landing or worse. The
question is, why does this happen to so many small to mid-sized
business owners? The reason is simply pilot error, just like in
flying. Through a series of distractions, adverse conditions, or
fuel starvation, we find ourselves with red indicators. The real
problem is a pure lack of experience and formal training. This
handbook will assist you in navigating your small to mid-sized
business through key employee identification, succession planning,
and ultimately value extraction. By using this handbook as a guide
to running your business, you will have an appreciation for the
need to run your business with an exit strategy in mind. In the
end, there are only two options: Succession or Failure.
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