
One Stop Shop
Being the local product retailer was a good business and being a regional distributor of a popular line could make you a mint. Those days are almost over.

Business
How well does your company run when you don’t show up for work?
Visualize a big airport like Chicago’s O’Hare or London’s Heathrow. They act as a centralized routing location for the airlines that rely on them. The system works efficiently enough until a snowstorm shuts down a hub and the entire transportation system grinds to a halt.
Now imagine you’re the hub, and you run your business with important issues coming through you. It’s efficient right up until the point you are no longer there to run things, which is why anyone valuing your business will levy a steep discount.
The trick to removing yourself is to document your standard operating procedures so your employees have instructions for how you want things done when you’re not around.
How to Get Your Company to Run Without You
Start by breaking down your job into tasks, and then prepare instructions for your team so that they can follow your standard operating procedures when you’re not there.
Test your team’s knowledge by taking a couple of vacation days to see where your processes have holes. Plug the gaps with more details, and then take a more extended vacation. Keep lengthening your time away from work and tweaking things upon your return so that by the time you’re done, your company can handle your extended absence, like a maternity or paternity leave.
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Want to know how to increase YOUR company value by 71%? Complete the free assessment for your value builder score, https://score.valuebuildersystem.com/significant-business-results-llc/franne-mcneal.
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Franne McNeal, MBA Significant Business Results, LLC Significant GPS Small Business Growth Services

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