October 24, 2021
6 Musts for a Healthy, Lasting Business

6 Musts for a Healthy, Lasting Business

During this short interview available to either watch or listen to, Platinum Group’s Bob Stewart discusses six essentials for a business to both thrive and survive long-term. *

  1. Have a good corporate governance structure in place including a board of directors that meets regularly;
  2. Keep up-to-date, accurate and thorough financials;
  3. Maintain a healthy relationship with your bank;
  4. Effectively communicate frequently;
  5. Make well-informed decisions decisively;
  6. Have a transition plan in place, whether it be to sell the business, pass it on to family members or create an employee stock ownership plan.

 

Bob’s interview is one in a series done with Platinum Group members in recent months.

Catch up on All Platinum Group interviews, which can be found on YouTube and also on Apple Podcasts and Spotify. Recent episodes include:

 

* This content was paid for by Platinum Group.

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