Build value – Personnel
People are usually the key to success or failure in your business. Have you got the right people and are they performing the right roles?Make sure your people know where they fit in the organisation. They probably know what they contribute day-to-day but may not understand their role and career prospects in the longer term. Consider if your business is positive and affirming and determine to develop each person to their full potential.If not already in place, establish a staff appraisal and accountability framework. Make sure that it is consistent with your goals and strategic plan.Are you too reliant on a key person? Could that person be you? Do you need to empower and develop others to strengthen the attractiveness to prospective buyers?Guide for Business – Build value