It's no secret that small businesses fail at an alarming rate. I'll spare the questionable statistics -- Is it 4 percent success rate or 10? -- I'll simply say that most fail within five years. The rest fail in the subsequent five years and Verne Harnish, author of Scaling Up, observes that of the ones that do succeed, only 4 percent of small businesses in the United States even exceed $1 million dollars in revenue.
Today we're going to talk about 2 simple tips to maximize your profitable small business for even more productivity, profitability, and peace.
It's my goal that you'll walk away with two easy actions that you can take within five minutes of reading to get yourself even closer to your maximum profit.
And in case we're meeting for the first time, my name is Katie Milton Jordan, your Texas Business Broker. Small business owners hire me to get top dollar for their profitable small business from the perfect buyer confidentially.
If you really knew me, you'd know that one of the ways I'm different from my competition is that I am a professional trained and certified life coach and prior to my partnership with Texas Business Buyers, I ran a private coaching practice working with entrepreneurs to maximize their potential. My coaching tools and coaching approach help my clients to make wise, confident business decisions that are in alignment with their best life.
I'm also a small business owner just like you! I purchased my first business in 2010 and currently own and operate an offshore sport fishing operation with my husband. If you're not opposed to a shameless plug, you're welcome to check out MegaBiteSportFishing.com and visit us on South Padre Island for a good time.
Without further delay, let's get into it.
(Alternatively, you're welcome to listen to the audio below 👇️👇️👇️)