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Thinking Right For Your Business - Please Change Your Business Tyres
“Change Your Business Tyres” is a common saying which describes a business owner who is concerned only with the day-to-day operations of his business, but who does not pay attention to the growth strategies of his own company.
This requires a business owner to plan and deliberately stop what he is doing for a while, reflect and plan for the next phase.
All too often, business owners interact with lawyers only when their company is in trouble (i.e. when the “tyres” run flat). ). Very few are enlightened and have the discipline to bring their growth plans to their lawyer who can then advise them and help them build safeguards.
Perhaps it's an issue of saving a few dollars? Why wait till a disaster happens to engage a law firm? By which time, they face the prospect of huge legal fees on top of their mounting economic woes. Why not take a safer route by planning for growth and engaging your lawyers to manage the risks before a disaster happens?
Listen to the full length episode where Mark, Founder of VanillaLaw, shares how he has run a sustainable business for the past 2 decades.
Subscribe to the firm's Spotify channel to get weekly insights into the mind of an entrepreneur-lawyer who has navigated his business successfully through 5 global recessions (pre-covid).
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By GoSME“Change Your Business Tyres” is a common saying which describes a business owner who is concerned only with the day-to-day operations of his business, but who does not pay attention to the growth strategies of his own company.
This requires a business owner to plan and deliberately stop what he is doing for a while, reflect and plan for the next phase.
All too often, business owners interact with lawyers only when their company is in trouble (i.e. when the “tyres” run flat). ). Very few are enlightened and have the discipline to bring their growth plans to their lawyer who can then advise them and help them build safeguards.
Perhaps it's an issue of saving a few dollars? Why wait till a disaster happens to engage a law firm? By which time, they face the prospect of huge legal fees on top of their mounting economic woes. Why not take a safer route by planning for growth and engaging your lawyers to manage the risks before a disaster happens?
Listen to the full length episode where Mark, Founder of VanillaLaw, shares how he has run a sustainable business for the past 2 decades.
Subscribe to the firm's Spotify channel to get weekly insights into the mind of an entrepreneur-lawyer who has navigated his business successfully through 5 global recessions (pre-covid).