Business terms explained

What business owner coaching covers and when it fits.

Private business coaching and how it compares with other help.

What stops or slows when the owner is unavailable.

When decisions and approvals keep returning to the founder.

Who decides, who gives input, and who can approve or veto.

When the owner’s role limits the company’s growth.

The cost of leaving a decision unresolved.

When a business depends on one person’s knowledge, relationships, or work.

A decision that rests with the person responsible for the ownership stake.

The difference between owning part of a company and having permission to decide.

A written record of who makes each decision.

Selling some of the founder’s shares without selling the whole company.

How private equity investment can affect a small business.