If a company is on a downward trend, many business owners think they can bring their companies back from a valuation that doesn’t meet their expectations. But it takes energy that many business owners no longer have. Very few companies can make that leap back to new heights without a strong drive, vision, and leadership from the owner. Sometimes it’s best to recognize the reality of the situation and exit the business before it continues to go downhill.
Tip #35 Low Owner Energy, Low Company Performance
- by Lisa Riley