Only 50% of small businesses make it to the 5 year mark; 33% to the 10 year mark.
What does that mean for you and I? It means that if we want to stay in business for a long time (like I’m hoping you are!) then we need to stay focused on our business’ health. Many businesses don’t even realize they are in trouble until it’s too late. However, if you are intuitive and observant, there’s several signs you can look for to tell whether or not your business is going down the wrong path.
In today’s episode, I’m sharing some key indicators to look for to tell if your business is veering off path. Included below is a business self-evaluation you can use to closely examine your business as well, so be sure to download it after you’re finished listening to the episode!
Key takeaways from this episode:
- The story of Kevin’s business and how he woke up one day realizing that his business had gone “off the path.”
- A few key indicators to look for to tell if your business is headed in the direction you want it to be.
- How you’ll know that you’re headed in the right direction throughout the course of your business’ life.
DOWNLOAD THE BUSINESS SELF EVALUATION:
This business self-evaluation is a great way to look for the key indicators discussed in this episode to see whether your business is headed in the right direction or not.
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