Many businesses we see appear to be successful. The business makes a bit of money and the owner has a good lifestyle. At the same time there’s something missing. The business isn’t really sustainable. In our world a sustainable business has the following four traits:
- The business provides a great living for the owner/s and their families.
- The business has created enough excess cash to have an emergency fund in place.
- The business creates enough cash so the owner can save effectively for retirement.
- The business creates enough excess cash that the business can fund it’s growth in a responsible manner.
Watch our 20 minute video to watch what it takes for you to move your successful business to one that’s sustainable.