Become Match Ready
The first step in the vHarmony process is becoming match ready. Meaning you know what you want to do and have the knowledge to do it. We start by looking at your personal values and reviewing your business knowledge.
Knowing your values is essential before pursuing the purchase of a business. By understanding your core values, such as achievement, power, benevolence, and self-direction, you can make an informed decision about the type of business that aligns with your aspirations and beliefs. Additionally, knowing what you are good at and what people will pay you to do is an excellent guide to finding a successful business path. The Schwartz Values Assessment can be a valuable tool in exploring and evaluating your values to inform your decision-making process further.
Beyond knowing what you want, having a business background is vital before purchasing a business. It provides essential knowledge and skills for successful management. Prior experience, college business courses, programs like Boots2Business, and self-help books contribute to a strong foundation. These resources offer practical insights, strategic planning, and entrepreneurial expertise. With a solid business background, you can make informed decisions, mitigate risks, and seize opportunities, increasing your chances of success when purchasing a business.
To enhance your knowledge and skills, consider utilizing the following resources or contacting a business mentor for guidance and assistance: