A business owner may start a business with the intention of creating wealth or it may be a by-product of being rewarded by doing great things for customers.
The main way a business increases its value is by increasing profitability. Helping business owners to do this is the main purpose of my Business Coaching Blog.
A successful business will make the business owner or owners wealthy and rich.
Then there is a choice to be made:
- How much money is left in the business to fun further expansion?
- How much money is withdrawn from the business to create diversification of wealth, in case something happens to reduce the ongoing success and even viability of the business.