Buyers for businesses look for companies that have a good management team that can run the operation.
Business owners must take the time to build that team. That means hiring and training these executives and managers.
This is not always easy, but it is a critical part of the planning for the owner to someday exit the business.
Read the article “Build Your Management Team” from Entrepreneur Magazine.
|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.|