Executive Coaching/Mentoring for:
Owners/Partners

(Specifically for Owners and Partners)

Recognizing that most small business owners have minimal or non-existent resources of qualified people with extensive hands-on, real life, common sense experience in running a small business, CMI often works with owners in a mentor and confidant role, either on-site or by phone or e-mail; to explore ideas, new concepts, management issues, and business transactions, including sensitive issues such as sale, mergers and acquisitions.

In addition, the day-to-day management of a business for a small business owner is often lonely, where critical decisions have to be made with a positive consistency, and there is really no qualified individual, sounding-board, confidential sources to turn to who can relate to sitting in that chair in the room at the end of the hall.

Small businesses reach various critical plateaus or stages, where more specialized expertise is needed in-house, but the budget does not yet allow it. That does not negate the need; but it does put the owner at a huge disadvantage compared to competitors who may be better positioned.

Often discussions focus on top managers and their abilities, where confidentiality is critical. Business combination possibilities that, if they do not happen, could demoralize even the highest level of management, financial issues that an owner may not even be comfortable discussing with their top financial person, and similar issues where a trained small business expert is required, along with total and complete confidentiality.

And yet, the decision that may need to be made could be critical to the future strength of the company. Not a decision to be made in a vacuum, without someone to bounce ideas off of, and someone to offer tried and tested alternatives that may not have been thought of. Most business decisions fall outside of the scope of typical advisors, such as CPAs and Attorneys, who are not nearly as familiar with day-to-day decisions such as those examples mentioned above.

What is a major wrong decision or poor hire worth, compared to the costs of planning it right in the beginning? The answer is almost always less that 1/5 the cost of hiring an experienced small business expert who has most likely been in, or seen, the situation many times, done both the right way, and the wrong way.

Contact CMI and let us be your sounding board.