I’m not sure if business is for me | | | | | | |
I have launched my business | | | | | | |
I have built or am able to build business financial reserve | | | | | | |
I face cash flow or could face cash flow challenges if sales and collections do not improve | | | | | | |
I have yet to complete the proof of concept | | | | | | |
I have identified who the successor will be | | | | | | |
The business is not consistently profitable | | | | | | |
Entrepreneur able to delegate major responsibility to others | | | | | | |
I do not have a business yet | | | | | | |
I have a clear business idea | | | | | | |
I’m 65 years old or older | | | | | | |
I’m no longer relying on external financing to keep the business in operation | | | | | | |
Business may need expansion capital | | | | | | |
I’m able to give from the business more comfortably | | | | | | |
My business has not launched yet | | | | | | |
My business is less than 5 years old | | | | | | |
Business operating procedures are in place | | | | | | |
My business has market potential beyond current local market | | | | | | |
The business does not have cash flow challenges | | | | | | |
Entrepreneur working on versus in the business | | | | | | |
Cash from sales is able to cover all my expenses including my salary | | | | | | |
I’m still financing the business from outside capital | | | | | | |
I feel called to scale the business | | | | | | |
I’m ready to sell or transition from the business | | | | | | |
My business is generating a profit | | | | | | |
My business idea is still being developed | | | | | | |
Business systems are in place | | | | | | |
Operating revenue is able to cover operating expenses | | | | | | |
Business expanding regionally, nationally or internationally | | | | | | |
I have an exit strategy | | | | | | |
I have a business line of credit | | | | | | |
My business has not broken even yet | | | | | | |
I have been in the same business for 30 years or more | | | | | | |
Business has the right staff, in the right positions | | | | | | |
I have the right team and systems to expand | | | | | | |