5 Family Business Challenges

5 Family Business Challenges

Millions of Americans have a dream to one day own a business. They also have a soft spot for family owned businesses. Approximately 20% of U.S. small businesses are family owned. We visualize this entrepreneurship as what built this country and made it successful. As...
Preparing Your Successor for a Transition

Preparing Your Successor for a Transition

We have discussed numerous aspects of succession planning on this blog in the past two years. It’s crucial for business owners to plan for their companies’ future years or even decades in advance if they want the best possible outcome for themselves, their families,...
The Importance of Good Corporate Governance

The Importance of Good Corporate Governance

In recent years the public has become more disillusioned with institutions, including government, law enforcement, religious groups, civic organizations, the media, and business. The public’s cratering trust in the people who run these institutions has had a...
How Does the Generation Gap Affect Your Business Transition?

How Does the Generation Gap Affect Your Business Transition?

The generation gap is something that people have always talked about, the differences between the younger generations and the older ones. In previous blogs we have discussed some of the complications of transferring a business to the next generation. In this blog we...
How To Develop a Great Sales Team

How To Develop a Great Sales Team

In previous blogs we have discussed how important it is to build the value of your business so that in the short and long term it will prove a good investment. One way to do this is by installing value drivers. These are actions that over time will make the business...