How the 1% Budget is the Path to Effective Business Planning

Update: 2023-03-15

Description

Business planning is sound business strategy. Yet three areas often come between a business owner and the implemention of effective plans: time, perceived need, and money. In this episode, MassMutual's Brian Trzcinski focuses on how a lack of monetary resources can get in the way of effective business planning with Chuck Richards, CEO of ValuCompass. Chuck asserts that, if you would pay 1% of the value of your investments to have those managed then why wouldn't you do the same for your largest asset--your business?

Comments

In Channel

Growth with Purpose: Creating Measurable Business Value

2025-10-2331:29

Key Findings from MassMutual's Latest Research Study

2025-07-0945:43

For A Successful Sale, Owners Need To Put in the Work

2025-04-2232:53

What Every Business Owner Needs to Know About Buy-Sell Agreements

2025-02-2739:51

Demystifying Strategies to Attract and Retain Top Talent

2024-12-0234:44

Family Business Transitions From the Next Gen Perspective

2024-11-1337:04

What's Your "Endgame" as a Business Owner?

2024-08-2631:58

The Impact of Divorce on a Business Part 2: The Legal Ramifications

2024-05-2129:11

The Impact of Divorce on a Business Part 1: The Valuation Ramifications

2024-03-1227:09

The Decision Most Business Owners Aren't Making, and Why It's So Important

2023-12-2229:35

Let's Meet at the Intersection of Business and Personal Planning

2023-11-1030:22

Be Ready To Sell... Whether You Want To or Not

2023-09-3033:12

Be Ready For When the Business and the Personal Collide

2023-08-1531:45

Mitigating Risk: Insights from MassMutual's "Planning for the Unexpected" Study

2023-06-3042:11

Insights From The Business Transitions Sherpa

2023-05-1536:55

The Intersection of Business Growth and Transferrable Value

2023-04-3032:33

Coordinating the Needs of the Business with the Needs of the Family

2023-04-1434:49

Keep or Leave? A Major Decision Point for Business Owners

2023-03-3033:21

How the 1% Budget is the Path to Effective Business Planning

2023-03-1531:12

Decrease Business Risk, Increase Business Value

2023-02-2830:47

00:00

How the 1% Budget is the Path to Effective Business Planning

#box-pro-ellipsis-176644372514939{-webkit-line-clamp:2;}How the 1% Budget is the Path to Effective Business Planning

How the 1% Budget is the Path to Effective Business Planning

MassMutual

How the 1% Budget is the Path to Effective Business Planning