Key Components of a Sustainable Business (move your cursor slowly over each gear to view more value drivers)
Operations
- Work Flow Process
- Organizational Chart
- Billing
- Technology
- Patents/trademarks
- Emergency operating plan
Legal
- Vendor Agreements
- Customer Agreements
- Employment Agreements
- Non-Solicitation Agreements
- Non-Compete Agreements
- Buy-Sell Agreement
- Shareholder Agreement
- Business entity
- Corporate minutes
Strategy
- Products/Services
- Target market
- Vendor concentration
- Industry outlook
- Barriers to entity
- Dependence on owner
- Exit strategy
Financial
- Historical financial performance
- Financial projections
- Accounting
- Tax planning
- Revenue size
- Recurring revenues
Sales
- Compensation model
- Hiring
- Lead generation
- Commission tracking system
- Sales person activity management
Marketing
- Branding
- Collateral material
- Website
- Marketing Plan
- Customer diversification
- Customer relationships
- Market share
People
- Key person retention
- Mangement
- Employees
- Sub-contractors
- Compensation
- Benefits
- HR
Leadership
- Ownership
- Board of Advisors
- Board of Directors
- Professional advisors