View Why every business owner needs an exit strategy

Why every business owner needs an exit strategy

When you picture yourself in a room or building, having multiple available exits is not just a matter of convenience, it’s a matter of safety. The same applies to owning and running a business: establishing an exit strategy, a plan for eventually leaving and/or selling the business, is part of smart entrepreneurship, and lends a sense…

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View Why you really need a business mentor

Why you really need a business mentor

Industry analysts, consultants, employees, and good networking contacts can share their expert knowledge with you regarding particular situations and needs you may encounter. However, only a business mentor can truly share wisdom with you on an ongoing basis, and in a way that can have a direct, positive impact on the growth of your business…

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View What impact can an advisor have on your business?

What impact can an advisor have on your business?

Advisors empower entrepreneurs by providing perspective. Effective advisors can help small business owners evaluate ideas and unlock the aspirations they have for the business. The key is to find someone that can challenge your thinking, share the actions you’ve taken and be flexible about how the relationship evolves. Here are EFM Growth’s top tips around…

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View Running a Family Business? Plan your Succession Now

Running a Family Business? Plan your Succession Now

Too many family business owners don’t think of succession planning. For reflective business owners, this backward/ forward dynamic usually leads to a much-needed review of operations. Business owners everywhere could stand to take some time to ask the fundamental question: What can we be doing better? However, not all business owners think that far ahead…

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