Why Fire Trucks Always Back In: Being Ready is Really Important

Have you ever noticed that fire trucks always back into the fire station? Why don’t they just pull into their parking spot snout-forward like the rest of us?  Backing in at the end of a shift saves them time when they have to get to a fire. They back in to be ready; whether the call comes in 5 minutes or 5 days, they are prepared to pull out as quickly as possible. Like the firemen, you, as a business owner, need to be ready when you get the call from someone who wants to buy your business. And these … Read more

Eight Ways to Know If You Have a Job or Own a Business

The ultimate test of your business can be found in a simple question: would someone want to buy your company? Whether you want to sell next year or a decade from now, you must be building an asset someone would buy – otherwise, you have a job, not a business. Here are eight ways to ensure you are building a company, not just doing a job: 1. A job requires that you show up at work to make money, whereas a company generates revenue whether you are there or not. 2. If your company is so reliant on a single … Read more