Being Mindful When Approaching Future Business Owners
When someone is in the planning stages of opening or taking over a business, chances are he/she is not giving a lot of thought to the day when it’s...
Business Independence Blog
Practical thinking on succession, value and the journey to Business Independence.
The Business Owner's Emotional IRR
When a business owner decides to sell the business that they have grown and nurtured for many years, one of their first thoughts are about leaving...
What’s your Exit Strategy?
Are you there yet? Have you thought about it? Where are you right now in the process of someday exiting your business? Do you see yourself in the...
Create the Road Map to Business Independence-Exit Planning
Ask yourself, what is Exit Planning? Is it a Process or a Transaction? It is the Process of an Owner obtaining their definition of Business...
Approach Succession Planning and Personal Goals with Grace in 2016
How does your business impact your personal goals? Take a moment, make a list. Ask yourself, have you set any personal life goals? If so, can you...
Clear the Path to Successful Exit Planning with Thankfulness
Throughout most of our lives, we are programmed to clear paths to reach our next goal, our next phase of life. For many, it is always looking at the...
The full archive
Every post, 2013 to 2019
28 posts by Bob O'Hara.
September 23, 2015
Business Succession Planning Block...Unlock and Begin to Welcome the Future
Where do you want to be? Where do you want your business to be? Today, tomorrow, five to ten years from now... Do you know how to get there? What is stopping you from getting there? Many...
August 13, 2015
Power Buttons to Help You Succeed in Business
Have you ever thought of the word Power? At different times in your life, you have to depend on power to live, to balance, to succeed, to give, to receive……The funny thing about power, it...
June 22, 2015
The Story Goes On....
Do you ever go back in time and think about your graduation(s). Have you ever reflected upon the speeches you heard during this phase of your life? Did that speech leave a mark on you...
May 27, 2015
10 Ways to Have a Joyous Journey Through Succession Planning
1. Think of Business Exit Planning as a Process (journey) not a Transaction (end of the road) The process of Exit Planning results in building stronger, more sustainable, independent...
April 24, 2015
Baseball, Spring and Your Business
With Spring finally here and the start of Baseball, as a business owner, take the time to remember the importance of starting anew when it comes to you and the future of your business. Take...
April 6, 2015
The Family Business-The Importance of Mentoring and Open Communication
Many businesses are family-run, second-generation businesses, with some who have beaten the odds and carried into a 3rd or 4th generation. Not a small feat to accomplish, and many would say...
March 7, 2015
Your Personal Life Plan Assessment, Customized To Meet Your Specific Needs & Objectives
Knowing who you are & what you want to do with your life is a critical part of becoming independent from your business which makes creating a Life Plan for yourself one of the 4...
January 27, 2015
The Power of Communication in Business
In 2015, as a Business Owner, make it your goal to build a company which at some point will successfully become independent of your daily management. A critical aspect of this process is an...
November 24, 2014
Top 10 Items Baby Boomer Business Owners Need to Address
10. Boomer Owners can stay and still be free...business succession and exit planning is also for owners who plan to be involved in their businesses, in some capacity, into their Golden...
October 8, 2014
Key Employees are Critical to the Long Term Success of Your Business
The long-term success of your business will be greatly impacted by your ability to recruit and retain the next generation of business managers/owners to your company. The majority of...
September 2, 2014
Succession Planning also includes Business Contingency Planning
One of the four business exit planning cornerstones, Contingency Planning has to answer the question “How will the business succeed if something suddenly happened to the Owner and that...
July 29, 2014
Succession Planning Helps Lead an Owner to Business Independence
One of the goals of Succession/Exit Planning is for an Owner to become emotionally independent from their business. There is an emotional, powerful connection that an Owner has to their...
June 25, 2014
Create Business Value While You Plan Your Life
One of the first questions any buyer of a business will ask is “How dependent is this business on its current owner for its success?” By creating a business that can operate successfully...
June 2, 2014
You Don't Have to Leave
Normal 0 false false false EN-US X-NONE X-NONE You don’t have to leave. ? One benefit of succession planning is that an owner is working to build a business to succeed without his or her...
April 30, 2014
It is a Process not a Transaction
Today, begin the process of defining how you plan to someday become independent from your business and how your business will become independent from you. Rethink the direction of your...
March 31, 2014
10 Things I Know About Succession Planning
10. It's a process,?not a transaction.?Business succession or exit planning is about building a business that can succeed without its owner while preparing an owner to become independent...
January 30, 2014
New Year Business Bucket List
While as an Owner you may have your own personal Bucket List, your business has one for you as well. These are the things that your business hopes you will do for it before you leave that...
December 5, 2013
A Holiday Poem for Business Owners
As a business owner, take the time now to say thank you to your key employee(s). By sharing success with your key employees, you are saying you care, you want to retain their talent and you...
November 20, 2013
National Survey of Business Owners
As a member of Business Enterprise Institute (BEI), the country's pre-eminent Exit Planning resource for business advisors in North America, Bob O’Hara of O’Hara & Company, PC and Creator...
November 3, 2013
Business Owner Procrastination = Key Employee Dissatisfaction
Why are Business Owners staying longer? Seems like a simple question, but in reality it is more complicated than one would think. Most business owners simply don’t want to leave their...
September 23, 2013
Succession Planning for Business Independence-How Do You Get There
Have you ever looked in the mirror and asked yourself - What am I going to do with my business today, tomorrow or in the near future? How am I going to get to my defined path of Business...
August 11, 2013
Business Owners: You Are Not Alone
2013, it’s now time for business owners to rethink the direction of their companies. The mentality of no succession plan needed is old news, and smart owners need to begin planning and...