Many of our clients struggle with employee turnover and motivational leadership. No doubt many competitive business environments are difficult, with long hours and stressful deadlines. Employment rates are near an all-time low, so how do you keep your best people motivated to stay? And how do you inspire your good employees to strive to be [...]
A common question we here from business owners is "How in the world do I decide whether I should sell my business or pass it on to my children?" Common concerns include whether their kids actually want it or would they rather do something else; and if they do want it and multiple NextGen are [...]
In, Hiring Performers Who Fit Your Culture, Dan Iosue shares the highest producing teams focus on having the right people, doing the right things, for the right reasons, the right amount of time – and hiring right is a key for making this happen. There are really only three resources in any business: People, Time, [...]
Have you ever thought of asking someone in your business "Am I difficult to work for?" If so, I suggest you save yourself the energy, because the answer is likely "Yes." A better question to ask yourself is, "How difficult is it to work for me?" As you self-reflect, consider these questions: Does it appear [...]
Have you ever been asked what you do for a living? Rhetorical question, yes, but one that is often asked in social gatherings, and even from customers and vendors who may not truly understand what you do. Even though they know you are in the "franchise" business and own your own thing, there is mystery [...]
“Often, all that stands between you and what you want is a better set of questions”. - Tim Ferriss How do you eat an elephant? The phrase “succession planning” means different things to different people. Often, it’s misrepresented as simply having a buy-sell, or confused with having a basic estate plan. In our forty years [...]
Why do family businesses have a high chance of dying on the vine when the kids take over? As you might guess, there are a multitude of factors; like the perspective and motivation of ownership (sometimes a sale is the goal from the start); key managers might have other plans as the business moves into [...]
Transitioning a family business to the next generation can feel a lot like hunkering down for a tremendous storm. Just like the winds and rain that push the walls and windows of a home, so too can the anxiety and stress in the family business push many past their breaking point. Often, you know the [...]
“Here we are again”, I say to myself as I climb a ladder up towards my mother-in-law’s Christmas decorations, held precariously in the rafters of her garage for the past eleven months. I feel like I find myself saying something like this more often each year as the seasons roll on by, and yet of [...]
I recently had a late lunch with my good friend, George. Ten minutes late, I entered the restaurant feeling rushed, but also feeling energized after the phone conversation I had just ended. Apologizing for my delay, I explained to George the call was with a business owner interested in engaging our firm to help transition [...]
