Business advisory lexicon
Clear language for the work of ownership.
These definitions explain ideas used in my articles and private advisory work with established home-service business owners.
Decision Debt and Decision Assets
Decision debt is recurring judgment the business has failed to resolve or retain. Decision assets are reusable standards, boundaries, and knowledge that improve the next decision.
Read definition →Decision Rights
Decision rights specify who may make a decision, within which boundaries, using what information, and when the matter must be escalated.
Read definition →Owner Dependence
Owner dependence is the condition in which ordinary business performance repeatedly requires the owner's personal intervention, judgment, or relationships.
Read definition →Owner Subsidy
Owner subsidy is a practical advisory lens for the extra time, attention, judgment, and personal capacity an owner supplies to compensate for weaknesses in the business.
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