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Running a successful business requires planning. Even though a business owner might have excellent instincts and a hearty work ethic, these traits are far more functional in the context of well-designed blueprints. One of the most important topics that planning can address is how your business will turn a profit, both now and in the future.

Profit planning establishes how your business will earn revenue over a designated time. It entails objectively assessing your current status, outlining your business goals, and designing sustainable cash flow. A solid profit plan will also include a strategy for monitoring progress and allocating resources. It’s a virtual roadmap for success.

What Is Profit Planning? Profit planning is setting up a financial outline of how a business owner aims to become profitable over a given time. The plan takes several financial elements under consideration to project future earnings. It helps business owners and managers set goals and milestones to reach, and it serves as a reference point for business decisions.

A good profit plan identifies core metrics and data collection methods. It also specifies how managers and employees use the results to point the way forward.

The plan doesn’t need to be unnecessarily complex or overthought. At the outset, you just need a few measurable goals that you can aim for over a year or so. What’s most important is that these goals are defined and written down, along with details about how progress will be monitored and measured.

Depending on your business structure, there are many ways you can plan how your business will handle profit. For example, you may broaden your offerings or services, expand to other regions, ramp up your marketing and sales strategies, or enhance customer retention.

Your profit plan should also address how you can control expenses to protect profits. This can include streamlining operations, negotiating with suppliers and vendors, and implementing cost-effective technology. It’s important to know how much money and capacity you need to improve production. This can make it easier to plan for expansion and growth.

Why Is Profit Planning Important?

Profit planning builds a strategic foundation for attaining your business goals. It accounts for strategic resource allocation to support your business objectives, setting

realistic forecasts for revenue and expenses. This information guides your decision-making so you can anticipate obstacles and take advantage of opportunities.

A complete profit plan includes methods for monitoring and recording performance metrics. This data sets a standard for production rate and can show deviations from normal operations. Businesses use this information to enact corrective actions to maintain consistency.

Profit planning sets up a framework for financial stability and success. It can include strategies for increasing liquidity and contingency planning for unexpected events. A solid profit plan also establishes a sense of accountability in the organization for maintaining long-term sustainability and continued success.

Steps for Creating a Profit Plan

To get you started, here are the basic steps for building a comprehensive profit plan.

· Set Profit Goals: Define realistic, achievable, and detailed financial targets you want to reach

· Project Revenue: Use market analysis and past performance data to estimate future sales

· Budget for Expenses: Outline all anticipated operational and material costs, both fixed and variable

· Analyze Break-Even Points: Figure how much sales volume you need just to cover expenses

· Project Cash Flow: Estimate cash inflow and outflow to maximize liquidity

· Set Performance Metrics: Implement key performance indicators (KPIs) to monitor progress and make modifications as needed

· Make Contingency Plans: Set backup plans for dealing with risks and business changes

· Review the Finished Plan: Evaluate your profit plan from time to time and update it as needed.

By following these steps and shaping them to your specific needs, you can create a solid profit plan with achievable goals and growth plans.

Turn to Zabel & Co. for Help Whether your business is just about to launch or has been around for years, Zabel & Co. can help you plan for its success. We offer a no-cost profit acceleration analysis, which takes about 45 minutes of your time. Email Todd Zabel to set up your call with our team!

Your business is only as healthy as its finances. And while it’s easy enough to talk about reaching financial wellness or optimizing your business’s financials, strategizing how to do so can be a lot more complex. Not sure where to start? Here are five steps to optimize your company financials in 2024.

Monthly Accounts Analysis

Before you make any changes, you should always start by taking a close look at your accounts. Analyzing your financial statements each month might not sound like a big deal, but it’s the best way to catch problems and inaccuracies early. 

When you have one or more financial experts poring over your accounts every month, your company can enjoy a whole host of benefits, including:

• Correcting small discrepancies before they become major issues
• Ensuring regulatory compliance
• Forecasting future performance
• Building trust with partners and customers
• Ensuring accurate tax planning

Of course, to make sure your company reaps all the benefits of each analysis, you should make sure you have a strategy for implementing any changes your team decides on.

Reconciling Bank Statements

Reconciling your bank statements is a critical part of auditing your finances, so it’s something you should include in your monthly account analysis. 

When you reconcile your statements, you make sure that your internal records match those kept by your financial institution. This process helps you make sure your records are accurate at all times. It’s also critical when it comes to identifying embezzlement and other kinds of internal fraud.

Assessing Outstanding Invoices

If your business deals with a large number of invoices each month, it’s easy to forget one or two. If that becomes a habit, your business misses out on revenue. And if that revenue goes on your books before the invoice has actually been paid, you might think you have more capital to work with than you do.

To maximize your company’s financial health, you should make it a priority to assess outstanding invoices each month. If invoices are past due, make sure you reach out to clients to collect payment. 

If late payments are becoming a significant issue, it might be time to implement new policies like:

• Early payment discounts
• Late fees
• Automatic payment reminders
• Upfront billing

In cases where a client persistently refuses to pay, you may need to weigh the costs of taking legal action or hiring a debt collector.

Understanding Cash Flow

For many business owners, cash flow is the first thing that comes to mind when they think of optimizing financials. “Cash flow optimization” is a very broad goal, but it can be broken down into three key elements:

• Increasing your cash inflow
• Decreasing your cash outflow
• Improving the timing of cash inflows

The larger and more complex your company is, the more challenging it becomes to understand and optimize cash flow. Hiring a financial expert — even part-time or temporarily — is essential if you want a clear understanding of your current cash flow and how to improve it.

Working With a Fractional CFO

Generally, larger businesses seem to have an easier time organizing and optimizing their finances. That might seem counterintuitive, but larger companies have a major advantage over smaller companies when it comes to leadership — they often have a dedicated chief financial officer (CFO). 

Unfortunately, for startups and smaller companies, hiring a full-time CFO simply isn’t practical, but that doesn’t mean you have to do without. 

A fractional CFO is a contracted CFO who can work with your business on a part-time or even per-project basis. With the right fractional CFO, you get the benefit of expert guidance without having to pay a full-time salary and benefits.

Make Your Business Financially Stronger Than Ever

When it comes to optimizing your financials, nothing matters quite as much as having a strong financial leader. Fortunately, this doesn’t mean you need to hire a full-time CFO. At Zabel & Co., we take pride in connecting your company with the resources and expertise needed to grow. If you’re looking for a fractional CFO or want to see what else we can achieve together, get in touch with us today.

Tax policies vary from state to state. As such, many Americans think about moving from states with high tax implications, like Minnesota, to states with lower tax burdens, like Texas, Nevada, Wyoming, and others.

That said, there are other factors worth considering before making such a move. Here are a few of the most important.

Cost of Living

A new state’s light tax policies may be alluring, but living expenses like housing, groceries, utilities, fuel, and healthcare might be higher in the exchange. Take a deep dive into how these cost-of-living adjustments may come into play in your new location. 

Employment Opportunities

Your targeted state may or may not have opportunities that line up with your professional goals and abilities. For this reason, it’s a good idea to research the employment situation in the new state. Are there enough opportunities you can take advantage of? Will your compensation be sufficient? You need to know before you go.

Quality of Life

A state with low taxes may be disadvantageous in other respects. Access to healthcare, educational resources, crime rates, and recreational opportunities are all worth thinking about, as they’ll play a major role in your life. Consider your preferred lifestyle and what adjustments you might need to make to have it before relocating.

Weather and Climate

A new area’s climate can affect more than just your comfort level. States with extreme temperatures, poor air quality, and more sun exposure can affect your overall physical and mental health. They may also pose challenges when it comes to heating and cooling costs, driving, and enjoying outdoor activities.

Take the time to learn about your target state’s annual weather patterns and evaluate how they may impact you.

Tax Implications

State taxes may be lower in the new location, but your federal income tax burden won’t be. You could also face variable rates in sales, property, excise, estate, and local taxes. Perform a complete accounting of what tax responsibilities you may incur beyond the state level and decide whether you can afford them. If not, it may be best to stay put.

Real Estate Market

What housing opportunities are available in the place you’re thinking about moving to? What market trends might you have to account for? Furthermore, what’s going on with your current state’s seller market?

Talk to a qualified realtor or financial expert for detailed information on real estate opportunities, new housing costs, and projected income for selling your current property. If you don’t intend to buy anytime soon, find out the typical rental charges in your new area.

Moving Costs

The cost of relocating can be surprising. Moving services, transportation fees, temporary storage, packing supplies, cleaning expenses, and new utilities may cut into your moving budget. Before you make arrangements, take stock of everything you’ll need and determine whether it’s worth the cost.

Community and Culture

Local customs, population diversity, amenities, school quality, and public transportation are just a few of the factors that can impact your decision to move to a new area. That’s on top of economic issues, healthcare access, and community standards that may be starkly different than what you’re used to.

Ask others familiar with the locale you’re looking into about what changes you may expect as you carry out your planned move. That way, you’ll have a better idea of what you’re getting into.

Proximity to Family and Friends

Personal relationships are extremely important to think about. If you leave your current state, you may be more removed from your personal support network. Of course, the opposite may also be true — you could be moving to be closer to the family and friends you love.

Think clearly about how the nature and availability of your support network will be impacted by your move, whether it’s closer or further away.

Reach Out for More Information and Advice

Zabel & Co. helps clients through transitional times, including relocating to other areas for tax reasons.

Our advisors have authoritative knowledge about how moving to a new state may affect crucial aspects of your life, occupation, and relationships. More importantly, we offer resources that can be highly valuable if you decide to follow through with a move.

Ready to learn more? Contact us today using our online form to set up a consultation.

In times of economic stress, all companies must contend with financial challenges. A qualified Chief Financial Officer can help business leaders navigate the chaos and make wiser decisions. However, some companies may find a permanent, full-time CFO to be a strain on their books.

The gig economy has given rise to an alternative option: the fractional CFO. This part-time, contracted occupation can be a good solution for organizations that need financial clarity but are reluctant to commit to a full-time position.

Could a fractional CFO be the answer for your company?

What Is a Fractional CFO?

A fractional CFO is a business consultant who offers financial guidance to businesses of all sizes. Rather than working full-time, a fractional CFO is hired on a part-time, project or contract basis. Many fractional CFOs work with multiple companies at once.

Fractional CFOs perform the same duties as dedicated, full-time CFOs. They guide businesses through threatening economic times, empowering leaders to make better decisions and steering their efforts in raising capital, driving financial growth, facilitating audits, and negotiating with vendors and partners.

A fractional CFO can provide the knowledge and resources needed to help a company weather the storm, especially in times of uncertainty. Startups or struggling businesses can realize all the benefits of a full-time CFO without committing to a full-time salary or benefits package.

Facing Economic Reality

During times of economic hardship, major corporations are forced to lay off workers, and small-to-medium-sized companies must deal with tighter budgets and organizational structures. Here are some key points:

• Startups and small businesses often can’t afford to retain a full-time CFO 
• The average salary for a full-time CFO in a small, private company topped $194,000 in 2023, according to Driven Insights
• Larger businesses hired CFOs for an average base salary of more than $306,000, not including benefits, stock options, or bonuses

Location also plays a role. Companies in large metropolitan areas like New York, Los Angeles, San Francisco, and Chicago pay more for full-time CFOs than those in smaller cities.

Retaining fractional CFOs can make a lot of sense for companies. These professionals have the requisite knowledge to keep businesses moving in slow economies and are skilled at finding opportunities for savings and investments that can shore up their finances.

Benefits of Hiring a Fractional CFO

A fractional CFO can offer a company several distinct advantages, including the following.

Cost-Effectiveness

Fractional CFOs typically charge by the hour, meaning companies don’t have to commit to a full-time salary that might include downtime. Fractional CFOs are paid only for the time they actively work on business matters, making them more cost-effective for smaller businesses.

Flexibility

Fractional CFOs are also easier to work with from an operational standpoint. Company leaders can hire them on a part-time or project basis, so they can work with multiple businesses at once. They also give hiring managers a great deal of freedom when it comes to staffing.

Expertise

Since many fractional CFOs work with more than one company at any given time, they often have a wide range of business knowledge that spans numerous sectors. This makes it easier for them to develop “outside the box” strategies that a full-time CFO might not come up with.

Networking

Fractional CFOs frequently partner with other finance professionals, including accountants, bankers, business attorneys, tax consultants, and insurance brokers. They can rely on their networks to serve the businesses they work for and help them fill other roles.

Hiring a Fractional CFO

Fractional CFO rates are contingent on several factors, including:

• The amount of time they work
• Their depth of knowledge and experience
• The sectors they’re familiar with
• Their specialized skills

The cost of hiring a fractional CFO might be a flat fee or a monthly retainer, and some charge more than others. This means that hiring managers have some leeway when it comes to compensation.

Make the Right Choice for Your Business

Ultimately, there’s no right or wrong answer to what kind of CFO your business hires. 

There may be good reasons to take on a full-time worker. In this era of economic instability, however, it may make more sense to consider working with a fractional CFO.

The knowledgeable professionals at Zabel & Co. can tell you more about the responsibilities and advantages of fractional CFOs. Contact us using our convenient online form, call us at 651-605-2301, or email us at info@zabelco.com today.

Startups and small businesses often face great pressure to quickly generate income. That said, is making consistent revenue the key to enduring business success? Or is it better to create sustainable growth for the future, even if it means making sacrifices in the present?

The answers aren’t quite as cut and dry as you may expect, and they largely depend on the current stage and ambition of the business. Generally, though, after a business has established its model for revenue growth, it’s better served by scaling to create a durable, broadened business model.

Revenue vs. Profitability

While the two words may appear to define the same thing, “revenue” and “profitability” imply different money-earning approaches. 

“Revenue” (or “gross revenue”) refers to the income that your business generates through its normal operations. Sales, fees, charges, donations, and other transactions represent revenue streams. However, earning more revenue doesn’t necessarily mean a company is maximizing its potential.

“Profitability,” on the other hand, measures how much income your business makes after deducting its typical expenses and business costs. In addition to setting a price for the goods or services it offers, a business needs to control and limit the expenses it incurs in making or providing its product. That reflects its potential for sustained growth: its scalability.

Four Business Stages

The lifespan of an independent business can be laid out in four general stages:

• Launch: The official start of business operations
• Growth: Establishing a system for revenue and income
• Sustainability: Achieving stability through efficiency and risk management
• Scalability: Increasing expansion and volume of activity or transactions

Most businesses follow this general flow of development. Some are content to stop when they’ve reached a level of sustainability, while others seek to expand their potential and explore scalability.

Comparing Growth and Scalability Mindsets

Business owners all want to achieve a level of success, but where they go after they’ve reached that point depends on their ambition and risk tolerance.

Choosing Growth

Every business owner wants to grow, and some hit a point of comfort and profitability that makes them happy. They’ve hit a work-life balance they’re satisfied with, filled an in-demand niche, or provided services to a client base that keeps coming back.

In any case, for the owners of these types of businesses, staying profitable is enough. There may be trade-offs, like working longer hours and limiting expenses, but it’s certainly possible to maintain a satisfactory life.

Choosing Scalability

Other business owners want to increase their business value. They seek to produce more growth by capping expenses, increasing efficiency, and adding more features or capabilities. They also build internal processes to streamline production and customer service, hiring more employees and attracting more investors to facilitate expansion.

The scalability mindset is a framework for keeping a business relevant long after its founders have moved on. It’s a method to track customers through the entire cycle of using their products, year after year, one that involves significant reinvestments of work and capital for extended periods.

Which Mindset Is Better?

Neither mindset is inherently better or worse than the other. Millions of small businesses in America have served their local communities without scaling upward and enjoy staying within those parameters.

That said, the American model of entrepreneurial success is driven by economies of scale. Business dynamics focus on competition, innovation, reinvestment, and collaboration. Growing in scale has an impact on job creation, technological progress, access to capital, and global presence.

Strategies for Scaling Profitability

How do you start thinking in terms of scalability for your small business? Here are a few steps to take in the transition:

Set Realistic Goals

Document your ability to increase workloads, budgets, and staff to meet scalability needs, then set reachable benchmarks for your products and your customer base.

Adjust Your Work Standards

Take a look at your processes to evaluate your production efficiency. Wherever possible, set prescribed routines and streamline operations to save money, time, and energy.

Build a Collaborative Network

The small business community has specialists, colleagues, resources, and potential collaborators who regularly help each other meet their needs. Start with local contacts and grow your business network organically.

Re-Establish Your Priorities

You started your company because you wanted to do what you’re best at. And now that you’ve reached a modicum of success, you need to start thinking about your product or service as something the world needs. Build your aims around that global reach.

Revenue Is for Now — Profit Is Forever

Generating more revenue is important, but it’s not necessarily the smarter way to keep your business relevant or operational. By learning how to retain and grow income across different revenue streams, you can build a business that’s profitable, influential, and sustainable. Connect with Zabel & Co. today to get started.

Running a business is a daunting task, but not as daunting as navigating it through a rapidly changing business landscape. With the emergence of new technologies, fierce competition, and economic ups and downs, it is crucial for businesses to have a clear strategy to stay ahead of the game. That’s where a business advisor comes in – they are a partner who helps companies make informed decisions that will drive growth and profitability in the long run.

In this article, we discuss how a business advisor can help you achieve greater success in 2024. From improving cash flow management to identifying strategic growth opportunities and creating stronger efficiencies and productivity in your business, we’ll show you how partnering with a business advisor can make a meaningful impact on your organization.

Improving Cash Flow Management

Profitability doesn’t equal a strong cash flow. A business advisor will help you manage your cash flow by analyzing your financial statements to identify areas where expenses can be reduced and revenue increased. They will teach you how to prioritize payments, keep your books up to date, and identify opportunities to improve collections and payments from customers. This is a critical skill for businesses to master – especially in a climate where being cash-positive is vital for survival.

Identifying Strategic Growth Opportunities

Stagnation is the enemy of business growth. A business advisor can identify new growth opportunities that you might not have considered on your own. They will evaluate your existing business model, market, and competition to identify untapped markets or new products/services that can drive revenue and increase the possibility for scale. A business advisor can provide you with objective, data-driven insights, including profitability analysis, investment opportunities, and more, which can help you make informed decisions and pivot, if necessary.

Stronger Efficiencies and Productivity in Your Business

Efficiency and productivity go hand in hand in business – they’re the keys to making your business run smoothly and profitably. A business advisor can help streamline your business, eliminate bottlenecks, and reduce waste. They can also show you how to leverage technology to automate processes, increase efficiency, and reduce the chance of errors. Implementing time-saving technologies like AI and Machine Learning can help you achieve better productivity and save time that can be reinvested in growing your business.

Making Moves for Long-Term Success

It’s easy to get caught thinking about quick wins and short-term strategies for immediate success. A business advisor can help guide you toward making moves that set you up for long-term success. Whether it’s sustainable expansion or making decisions that keep your business competitive, a seasoned business advisor can provide you with the knowledge to guide your business while avoiding common pitfalls.

How Zabel & Co. Can Help

A business advisor is a partner who will help you overcome the challenges your business is facing and unlock your full growth potential. With a proven track record of success, our business advisory services provide you with the expertise you need to make informed decisions that drive results. Our weekly value builder series can help you increase the value of your business for your eventual exit. Contact our Principal, Todd Zabel, to get started on your path to achieving exponential growth in 2024. Whether you’re a start-up or an established business looking to expand, partnering with a business advisor is the best way to achieve your goals and create long-term growth.

The business world is constantly evolving, and businesses need to evolve with it to thrive. Business growth is crucial for success, but achieving growth requires a strategic approach to operations, marketing, and sales. If you want to drive business growth in 2024, Zabel & Co. is here to help.

With years of experience helping clients achieve sustained growth, we recommend three key strategies to help your business thrive in the competitive market. Our three-step plan involves investing in digital transformation, prioritizing sustainability, and cultivating a strong company culture. We’ll delve into each of these strategies in detail so you can be sure to implement them effectively.

Invest in Digital Transformation

In today’s increasingly digital world, businesses that fail to keep up with the rapid pace of technological progress risk falling behind their competitors. Companies must embrace modern technology to enhance their efficiency and drive innovation. By undergoing a digital transformation, businesses can consolidate and streamline their digital processes, leading to improved productivity and cost-effectiveness.

At Zabel & Co., we specialize in assisting businesses in identifying and implementing the right tools to optimize their operations. Our team of experts is dedicated to helping companies improve customer relationships, streamline their workflows, and ultimately gain a competitive edge in the market. With our tailored solutions and strategic guidance, businesses can confidently navigate the digital landscape, staying ahead of the curve and maximizing their potential for success.

Prioritize Sustainability

Creating consistent and sustainable growth in a business requires a strong focus on strategic planning, customer satisfaction, and continual innovation. A business should have clear, measurable goals and a strategic plan to reach them. This includes identifying a unique selling proposition, understanding market trends, and positioning the business accordingly. Ensuring customer satisfaction is key to sustained growth, as happy customers are likely to return and refer others. Finally, businesses should foster a culture of innovation. By continually seeking to improve products, services, and processes, a business can stay competitive, adapt to changing consumer demands, and achieve long-term sustainability.

Through our consultancy services, we can help foster a culture of continual improvement in your organization, enabling you to adapt to changing consumer demands and maintain a competitive edge. By partnering with Zabel & Co., you can effectively drive business growth and achieve long-term sustainability.

Cultivate a Strong Company Culture

Establishing a robust company culture is crucial for business growth as it shapes the way employees engage with their work and each other. A strong culture instills a sense of identity among employees and fosters an environment conducive to innovation, collaboration, and problem-solving. More than just a set of rules, company culture is the heartbeat of an organization, influencing productivity, employee retention, and overall morale. It acts as a guiding principle, aligning the team’s efforts and paving the way towards achieving the company’s strategic goals. Thus, creating a positive, nurturing culture should be a top priority for businesses seeking ongoing growth.

Our team is dedicated to working closely with you to develop and nurture a company culture that aligns with your values, empowers your employees, and drives long-term success. A strong company culture is vital to unlocking the full potential of your organization, and we are committed to helping you achieve it. 

Let Us Help You Unlock Business Growth in 2024

At Zabel & Co., we love to help our clients achieve sustained business growth. Successful businesses must adapt to the evolving technological landscape, prioritize innovation and strategic planning, and foster a positive company culture to inspire innovation, creativity, and employee collaboration. We hope this blog post has provided valuable insights into these three essential business growth strategies.

Reach out to a Business Advisor at Zabel & Co. to collaborate with an expert and learn how to unlock your business’s growth potential in 2024. Let’s chat!

As a business owner, you set the rules for your company, your work schedule, and your income. You are the captain of the ship, and your business is the vehicle that takes you to your desired destination. Have you ever thought about how your business can help create the life you desire? 

Creating a fulfilling life through your business does not mean all work and no play. Instead, it means finding ways to make the most of your opportunities while taking care of yourself in the process. In this blog post, we will discuss why and how your business is the vehicle for you to have a great life. We will share how your business can help you achieve the life you dream about.

Enjoy a Flexible Schedule

One of the biggest advantages of running your own business is the flexibility it provides. You can create a schedule that works best for you. You can decide when and where you work. This means you have the freedom to prioritize what matters most to you. You can schedule work around important events and personal commitments, such as spending time with family, traveling, or pursuing your hobbies. 

With complete control over your time and location, the possibilities are endless. You have the ability to embrace the freedom that comes with being your own boss and seize the opportunity to create a work-life balance that brings fulfillment and joy to every aspect of your life.

High-Income Potential

As a business owner, you have the potential to earn more than you would in a traditional job. Your income is based on the success of your business. You can increase your profits and income by working hard, improving your operations, and expanding your customer base.

In creating a successful business, you also have the opportunity to sell it for a premium price, which can set you up for life. Here are some ways to increase your income through your business:

• Manage Your Cash Flow: Good cash flow management is essential for business success. Tracking your cash inflows and outflows ensures you always have enough money to cover your expenses. Managing your cash flow correctly can help you plan your business growth, save for the future, and invest in assets that will help your company prosper.
  
• Optimize Profitability: Every business has the potential to be profitable, but only if it’s run effectively. By optimizing profitability, you can ensure your business is sustainable over the long term. You can improve your profitability by reducing costs, increasing revenue, and streamlining your operations. The key is staying disciplined and continuously monitoring your business metrics.
  
• Put Scaling Mechanisms in Place through Strong Sales and Marketing: Growth is a critical component of a successful business. An essential way to scale your business is through strong sales and marketing. Developing a robust sales and marketing strategy can attract new customers, encourage repeat business, and expand your business reach. By putting scaling mechanisms in place, you can continue to grow your business and reduce your workload over time.

Establish Self-Sufficient Operations

An aspect often overlooked but crucial to business success is the ability to operate efficiently without the owner’s constant presence. Establishing thorough systems and processes is vital to achieve this. Things you can start doing now to create self-sufficient operations:

• Document every operation in your business, from administrative tasks to customer management. 
• Train employees to follow these processes, ensuring consistency and efficiency.
• Identify potential leaders within your team and provide them with opportunities for growth and development. 
• Implement technologies that automate tasks to aid in making your business self-sufficient. 

Having a business that can run independently gives you peace of mind and adds significant value should you ever decide to sell it.

Let Us Help You Create a Life of Freedom

Running your business well can provide an opportunity to have the life you desire. We can help you set up your business to run without you, giving you the freedom to enjoy your life. By working with a Business Advisor at Zabel & Co., you can collaborate with an expert to unleash your business’s potential and create a life you love. Let’s chat!