Common Traits of Successful Businesses
Quality products or services at a fair price
Talented and professional management team
Respected , talented, empowered, and experienced workforce
Accurate and timely reporting systems providing objective data to make wise decisions
Clear business objectives and plans, regularly revised to reflect market conditions
Differentiated product or service offerings providing unique or enhanced solutions
Consistently high performance in each product/service category
Entrepreneurial mind set in selected management and staff to drive innovation
Professional operations team focused on superior performance
Open and honest communications throughout the organization
A culture based on a high level of integrity that permeates the organization
Owners and executive management that listen carefully to the talent they have attracted
A conservative fiscal approach that provides for sufficient reserves and a strong balance sheet
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