Experts emphasize the importance of living a “heart-heathy” lifestyle – regular exercise, good diet and stress-management practices – to reduce our risk of heart disease. The same basic idea applies to a business. One of the three ways to increase the value or “health” of a company is to reduce risk. This just so happens to come with the added benefit of reducing business owner stress in the long run.

Owner dependence negatively impacts the value of your business. It is important to take steps to make sure your business can operate effectively when you aren't there. We often have owners ask us: "how do I make my business less dependent on me?"

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