Assessments are essential tools for business owners to determine their readiness for growth and transition. They provide insights into their strengths, weaknesses, and potential areas for improvement. With the right assessments, business owners can gain clarity and make informed decisions that will help them achieve their goals.

The first step in determining a business owner’s readiness for growth is to assess their commitment to it. The Growth Planning Index(TM) assessment measures the level of commitment a business owner has towards growth and their preferred destination for a business exit. Growth is often a part of exit strategy and this tool leads the conversation towards the important topics that only the owner can decide: do I want to keep growing or do I want to exit now? This tool is often used later in the exit planning process, and provides an invaluable segue to help the owner begin considering execution on their exit plan – whether that’s staying the course for a period of time, growing the business, or seeking a liquidity event today.

Get CLARITY (TM) – you need it to get the success you want. This tool shows business owners their ability to grow and get transition ready. This assessment helps business owners to identify areas where they need to focus their efforts to achieve their growth goals.

Once a business owner has decided that they want to exit their business sometime in the future, they need to assess their readiness for a business exit. The Business Exit Readiness Index(TM) assessment provides business owners with a report that shows their exit readiness. It introduces crucial exit planning concepts while measuring the Financial and Mental Readiness of a business owner. When business owners take this assessment, they get a readiness score along with a printable assessment. Owners gain clarity that helps the owner set the exit planning goals that come to life during the project, while advisors gain powerful insights into the specific areas that owners need to address for a successful exit. 

Another critical factor in determining a business owner’s readiness for growth and transition is owner dependence. The Owner Dependence Index(TM) assessment measures how dependent the business is on its owner. This assessment helps business owners to identify areas where they need to reduce their dependence on their business and delegate tasks to others.

In conclusion, assessments are crucial tools for business owners to determine their readiness for growth and transition. With the right assessments, business owners can gain clarity and make informed decisions that will help them achieve their goals. It is essential for business owners to take advantage of these assessments to prepare themselves and their business for future success.

Take these no-obligation assessments today.