The owner works “in” the company instead of “on” the company.
The owner is financially very comfortable and not focused on growth of profits
Ownership thoroughly enjoys g serving as the chief problem solver.
The owner is not very trusting of subordinates
Delegation is not obvious.
Planning is not a major focus; there is no annual plan or budget.
Ownership doesn’t seek out ideas from subordinates or outside advisors.
If forced to go on a vacation by spouse, ownership stays on top of things with cellphone/laptop.
The company uses a CPA only to do taxes.
There is no succession plan for when the company is sold or if the owner unexpectedly dies.