If you have committed to building value in your business you need help. It is important to have people on your team and leadership in your business who are willing and able to support this endeavor.

How do I build a leadership team and a culture of value creation? If you are a business owner, the answer to this question is important to you.

In June 2022 we heard from Felicia Johnson of the Gatson Group. Felicia covered myths and facts about diversity and inclusion with insights into how both are key when it comes to creating more successful, sustainable and innovative workplaces. To find out how employee differences can be a business’s greatest strength, watch this instalment of RFN Academy’s Innovative Insights.

Your 2022 goals mattered at the beginning of the year. Do they now?

While writing down goals is an important step in achieving them, so is regular review. If it’s been a while since you looked at your 2022 goals, there is no time like now to see how you are doing.

Visual language can keep a business plan, strategic plan or even common goals front and center. For most of us, after the planning session is complete the resulting document is filed away to be reviewed occasionally. Imagine if the plan was captured visually and lived on the wall or on your blotter for regular review.

This month we heard from Martin Low and Leah Eggers of On Plane Consulting. Martin and Leah offered insights into the current recruitment and retention of talent. The pandemic has impacted many parts of our lives, especially for business owners. The current labor market is one area where old approaches are proving to be ineffective. To find out what techniques are working in today’s talent environment, watch this installment of RFN Academy’s Innovative Insights.

This session:

• Highlights the importance of recognizing top talent

• Will help you understand your employment brand

• Will help you understand the post-pandemic recruiting environment

• Show you the best way to retain your top talent

Recruitment and retention of top talent is best for your business and the sign of a great employment brand. As a business leader and owner, being the employer of choice in your market will help with your human resources and culture.

How do I become the employer of choice in my market? If you are a business owner, the answer to this question is important to you.

Each business has risks they need to navigate and mitigate. The real question is which may impact the enterprise value of your business.

How do I know how risk is affecting my value drivers? If you are a business owner, the answer to this question is important to you.

What makes your business money, may not be what drives value in it. Enterprise value comes from specific drivers and knowing your company's is important.

How do I know my value drivers? If you are a business owner, the answer to this question is important to you.

There are people and professionals who can help you build value in your business, even if they don't work for or in your business. Your commercial banker is one of those people who can play a role in your value building initiatives.

How do I develop a value building relationship with my commercial banker? If you are a business owner, the answer to this question is important to you.

This month we hear from Julie Keyes, instructor of Jumpstart Your Exit Planning Practice – powered by KeyeStrategies. Julie will share her experiences in building her practice and working with clients on exit and transition planning.

This session will:

- Help you focus your value acceleration and transition planning practice

- Identify challenges

- Uncover areas for collaboration

- Determine next steps for building out your practice

Your business is your income and your investment. You should understand if you are more owner or employee. This is especially critical as you begin to consider what transitioning from owning your business will look like for you.

How do I take the first steps to convert from a job to a business? If you are a business owner, the answer to this question is important to you.

Metrics and tracking progress are important to understand if you are better or worse than you have been. Tracking is one thing, but developing the scoreboard to track the things that matter is also important.

How do I develop a value tracking scoreboard with good key performance indicators? If you are a business owner, the answer to this question is important to you.

Cindy Reid-Shelton appeared on Poised for Exit with Julie Keyes to talk about the importance of contingency planning for businesses.

Business owners often keep reinvesting their own capital into their business. However, sometimes it makes solid financial and business sense to use debt. How do I know when to use debt to grow?

If you are a business owner, the answer to this question is important to you.

Creating a value building culture requires several steps, including how to prioritize the value opportunity to focus on. There are things to consider. This is part 1 of How do I decide which value opportunity to prioritize?

If you are a business owner, the answer to this question is important to you.

This video picks up where part 1 left off. Sean and Bob dive deeper into how to determine which value opportunity to prioritize. Value opportunities each have pros and cons in terms of the best order to tackle them.

How do I decide which value opportunity to prioritize - part 2. If you are a business owner, the answer to this question is important to you.

Key personnel are just that: key. Making sure they transition with the business to the new owner will help with the ongoing performance of the company. The important part is keeping the key people through the transition.

How do I create an incentive prior to sale to keep my key personnel? If you are a business owner, the answer to this question is important to you.

If someone asks for a meeting and you choose to accept, you still are in the driver's seat. Make sure you have an NDA and an understanding of what you are willing to talk about.

How do I prepare for my first meeting with a potential buyer who happens to be a competitor? This video covers of several tips and things to consider before you accept a meeting like this.

If you are a business owner, the answer to this question is important to you.

The difference between price and value is an important distinction. It requires outside expertise and an owner taking a clear look at their business.

How do I understand the difference between value and price? No matter if you are just curious about the price or value of your business or thinking of selling it soon, the answer to this question is important to you.