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| Name | Business Value Drivers: Hub and Spoke (8/8) |
| Video Uploader | Video From Value Builder System |
| Upload Date | This Video Uploaded At 25-10-2018 16:23:48 |
| Video Discription | Hub and Spoke refers to how dependent your company is on you. When the buyer comes in to buy your business they're gonna want to know how it will operate when you leave. The more dependent that company is on you, the lower you're gonna score on hub-and-spoke. 20 years ago, I was talking to a business owner and he was describing his role in the company. He said you know I'm a hub in a hub-and-spoke model where all my employees come to me when they've got a question. My customers come to me when they need to quote. My suppliers come to me when they want me to buy something. And he was proud of that operating style saying that you know that's what makes his business efficient. It may be efficient, but if the hub breaks down, it's a disaster. The key here is to improve your score on Hub and Spoke to make sure your business becomes less dependent on you. Consider investing in an audit like the one we have at The Value Builder System™ to see your value builder score and what you can do to improve your recurring revenue score. https://valuebuilder.com/?utm_source=youtube&utm_medium=social |
| Category | Howto & Style |
| Tags | Value Driver | value driver tree | value drivers | value driver model | key value drivers | what are the key value drivers to sell a business | how can i sell my company | how can i sell my business | the value builder system | john warrillow | hub and spoke |
