
Think succession planning is just for when you're ready to retire? Think again.
In this episode, Matt and Mike get real about why most business owners wait way too long to think about it, and how building systems now makes your business more valuable AND more fun to run.
You'll learn why your business might not be worth what you think it is, how to tell if you own a business or just a really demanding job, and why family business transitions are trickier than you'd expect. If your business can't run without you, it's not worth much. Start building those systems and get a valuation so you actually know where you stand.
Want to improve your business's value and profitability? Check out how Profit First can help: https://patrickaccounting.com/blog/an-introduction-to-profit-first-and-why-it-works
#successionplanning #businessvaluation #familybusiness #smallbusiness #onestepbetterpodcast