The Hartford’s Post

The start of a new year always gets people to take stock from a personal and business perspective. For some business owners, they may decide that 2024 is the year that they want to step away from their business. In our latest blog, we look at the different options that are available. Selling or passing on a business is a significant moment in any entrepreneur's life. I'm happy to discuss the different options that best suit your circumstances and also the tax consequences, so please get in touch if you would like a chat. #leeds #leedsbusiness #sellyourbusiness #exitplanning

As a business owner, there will come a time when you start thinking about how you can exit your business. 🤔 In this blog, we highlight the different options that are available to businesses. Each has its pros and cons, and like all things, it's good to get advice on what option would be most suitable to your situation. 💰 https://lnkd.in/gYYc8at6 Do get in touch if you'd like to discuss your options.

Never Run Your Business at a Loss Again As a business owner, it’s important to know if you’re making money or losing it. This helps you understand how your business is doing financially. It will also help you keep track of your expenses, make better decisions, and grow your business. By staying on top of your profits and expenses, you'll have a clear path to growing your business and avoiding losses. Start managing your finances better today and watch your business thrive! Below 👇 is a simple example of how to calculate your profits in your business #ramotaifeoluwasanni

Whether you're just starting a business, or you've been in business for a long time, in can be easy to get overwhelmed by all the different areas of your business. Going back to basics, and reviewing all the different areas of your business, can help you feel less overwhelmed and see the wood for the trees. https://lnkd.in/eMNVNJBA #BusinessFundamentals

What is the potential value that you could bring into your business with one hour of your time? (Read until the end) 👀 I'm not talking about the Effective Hourly Rate, the EHR is how much you're paying yourself. I want to introduce you to the Effective Hourly Value term. As Business Owners, we forget that our time is an appreciative asset - as the business grows, our time becomes more valuable as well. 💪 And yet, we treat our time the same way we treated it when our business was small. Before, you could jump into a client's fire and find a solution as fast as possible because your hand was in the pulse of the business. As you've grown, you can't still be doing those things. Because here's the thing, although it seems convenient to you... it's expensive. 💸 Because the revenue of what you could be doing during your EHV if you focused on strategy is extremely high, and the value of the operational things you're covering is low. And the gap between those two is called Opportunity Cost. So, what should you do to fix that? I've put together a guide on the 6 points you need to transform when you're growing your business. These are the exact actions we implement in our client's scale plan and they have given us amazing results. Today I want you to have this guide! So, if you're interested, you can send me a message or download it here: https://lnkd.in/esNg8vUU

A successful business may need a different business structure. Consider these elements as you grow.

10 ways to grow your business in 2024! When you start your business, your goal is to establish your business and start growing. Growing your business takes time, dedication and patience. Check out 10 top tips to help you find growth opportunities and reach your business goals by business.gov.au https://bit.ly/4aAcyWD #BusinessGrowth #BusinessTips

The 7 steps to start a business from scratch 1. Start with a Good Business Idea 2. Conduct Research About Your Business Idea 3. Write a Business Plan 4. Make Your New Business Official 5. Know Your Finances 6. Protect Your Business 7. Build Your Business If you want to know more DM me #StartFromScratch #NewBusiness

The summer is in full swing and you're ready to get out there and have some fun. Are you able to get away from your business for a weekend, a week or even a month? Building a business that can operate without you is not only good for your well-being, but it's also a critical driver of company value. Check out our blog post to learn steps you can take to build your business to be less reliant on you. #SmallBusiness #OwnerIndependence #BusinessGrowth https://lnkd.in/gqbpdC68

We know that small businesses are the backbone of the US economy. If you’re like most small business owners, you spend most of your waking hours thinking of ways and implementing plans to make your business more successful. We also know that your personal success is important too. We have crafted some important tips about leveraging the power of your small business to build your personal wealth. Read more: #SmallBusiness