Decentralizing the Business Owner
Transform your business from owner-dependent to a self-sustaining entity! Decentralizing ownership boosts valuation and enhances your company's attractiveness to buyers. Key strategies include solidifying customer relationships independent of the owner, establishing a well-empowered leadership team, and embedding core values into the company culture. Aim for a business where operations, innovation, and culture thrive without constant owner involvement, leading to a balanced life and higher sale multiples.
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Robert J. Pyle, CFP®, CFA, AEP® founded Diversified Asset Management, Inc., in 1996 to provide personalized, comprehensive wealth management services to successful individuals, families, single women, and business owners. His specialty is addressing the complex financial needs of self-employed professionals, corporate executives, and small-business owners. Our disclosure can be found here. The views, opinion, information, and content provided here are solely those of the respective authors, and may not represent the views or opinions of Diversified Asset Management, Inc. Diversified Asset Management, Inc. cannot guarantee the accuracy or currency of any such third party information or content, and does not undertake to verify or update such information or content. Any such information or other content should not be construed as investment, legal, accounting, or tax advice.