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NLV Pt. 4 | Building a Resilient Business Foundation

  • Virtual Link will be provided to cohort members (map)

Strengthen the foundation of your company for long-term success. In this workshop, we'll help you minimize reliance on any single employee, customer, or supplier. Explore strategies to manage potential disruptions such as the loss of significant clients, suppliers, or key personnel. Gain insights into enhancing your business's resilience and adaptability, ensuring you can navigate challenges with confidence. Join us for this invaluable workshop and fortify your business's foundation for a brighter future.

During Week 4 participants will:

  • Help business owners minimize reliance on any one employee, customer, or supplier.

  • Discuss strategies to manage the potential loss of significant customers, suppliers, or knowledgeable employees.

  • Strengthen the business's foundation for enhanced resilience and adaptability.

 

Business Requirements

  1. 3-50 employees

  2. $500k to $20 million in annual sales revenue

  3. 5+ years in business

 

Additional Sessions In This Program

 

The Next Level Ventures cohort program aims to help business owners identify areas of opportunity to make their businesses scalable and more resilient, help with succession planning, and risk management to prepare for uncertain times, and develop small businesses to a point of transferability and sustainability. Discover the keys to unlocking your business's full potential by joining our program! Register for the series and gain invaluable insights into effective delegation techniques that will empower your employees to take on more responsibilities, allowing you to focus on strategic initiatives. Streamline your processes and systems to enhance efficiency and productivity, enabling your business to thrive in today's competitive landscape. Moreover, we'll guide you in creating a sustainable business model that reduces dependence on external stakeholders, ensuring greater resilience and long-term success. Don't miss this opportunity to transform your business and secure a brighter future.

 

Week 1: Understanding Your Vision; Goals & Business Valuation

September 5th

  • Clarify or define your company's vision to provide a clear direction for goal setting and business planning.

  • Create annual and monthly goals to benchmark, maintain, and track progress.

  • Address questions related to financial documentation and ensuring business success.

Week 2: Scalable Strategies for Business Growth

September 12th

  • Lay a foundation and identify products/services with the best potential for scaling.

  • Explore strategies to ensure business sustainability and improve the bottom line.

  • Discuss methods for scaling the business without sacrificing quality or customer satisfaction.

Week 3: Strengthening the Foundation of Your Company

September 19th

  • Evaluate the activities that consume the owner's time and their impact on the business's value.

  • Identify ways to improve employee engagement and minimize dependence on the owner.

  • Address work-life balance concerns while continuing to grow the business.


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Earlier Event: September 21
LSBDP Pt. 10 | Communications and Marketing
Later Event: September 26
LSBDP Pt. 11 | Social Media