If written correctly, it should guide someone unfamiliar with the company through the day-to-day procedures for operating the business. Not only does creating a manual help an owner organize the company and help it to run more efficiently, but it can help in the sale of the business.
Showing prospective buyers that there is a manual can let them know that the business is well-organized and that it will be easier to learn the business. Read How to Create an Operations Manual for Your Business.
|Michael Marks, creator of Toons ‘n Tips, is a Certified Business Intermediary (CBI) and has over thirty-six years of business experience and ownership. He is a licensed real estate broker in the state of Colorado and has been selling businesses for over eighteen years. Michael has taken up cartooning as a hobby in recent years and has found that by using those skills, along with his extensive business experience, he has been able to create the Toons ‘n Tips drip marketing service for clients all over the country. Find out more about Michael at www.toonsntips.com.|