Pretend You're Buying Your Business: What Would You Find?
About this episode
Tammy Adams discusses a coaching exercise that encourages business owners to evaluate their business as if they were potential buyers, identifying opportunities and weaknesses.
If you had the chance to buy your own business today... would you? In this episode, I share one of my favorite coaching exercises that helps business owners step out of the daily grind and see their business through a completely different lens. Imagine you're buying your business from someone else. What would you notice? Would the financials give you confidence? Would the customer experience impress you? Would your employees, systems, inventory, and processes make you excited to invest? This simple exercise helps you stop making excuses and start identifying opportunities. You'll learn how to evaluate your business objectively, uncover hidden weaknesses, and use your business numbers to make smarter decisions that lead to more profit. Sometimes the biggest breakthrough comes from looking at your business with fresh eyes. 🔑 Key Takeaways Step out of the daily grind and evaluate your business objectively. Pretend you're buying your business and look for opportunities. Stop making excuses and focus on facts. Review your customer experience from start to finish. Evaluate your employees, systems, and processes. Your Profit & Loss tells the real story of your business. Small…
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