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Every entrepreneur knows the importance of a business plan - a roadmap of where you are going and how you are going to get there. But just like any itinery, the critical piece to the plan is the destination. In the case of a business, that destination is its sale.
The Center for Women's Business Research hs just released research on the best steps to take you there.
First, always run your business as if it were for sale. Second, be clear on your goals for a sale. Third, keep quiet until the deal is finalized - employees have enough to worry about. Fourth, find a buyer that provides you with a sense of comfort and get promises in writing. Finally, put yourself and your future first. It's your trip. Make sure it is worth the investment.
Executives love to talk about planning… most complain their processes don’t work very well. Harvard Business Review reports that only 11% of CEOs believe that strategic planning is worth the effort. Most planning pr...
One of the key elements in any endeavor is clear communications. This is especially true when doing strategic planning. So, my major communication tip to ensure more successful strategic planning efforts is to fir...
"Glenn Ebersole did an excellent job with leading our Board of Directors through strategic planning and development. We're moving forward to accomplish our vision...Glenn got us moving in the right direction. I hi...
Reflecting recently with very fond memories of my educational path in life, I thought of my commencement speech entitled: "To Be or Not To Be Involved - That is the Question." Well, this made me think that perhaps...
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Vicki Donlan
(Visit Vicki's Website)
Vicki Donlan is former publisher and
founder of Women’s Business Boston, a
25,000 controlled-circulation newspaper
devoted to women in business in the
Massachusetts, New Hampshire and Rhode
Island region. She is a regular guest
discussing women in business on New
England Cable News' Business Day. Her
first book HER TURN Why It's Time For
Women To Lead in America was published in
September 2007 by Praeger Publishing.
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