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Operating Your Business Like it’s Always For Sale
In early October, Berkshire Hathaway announced it had agreed to buy Van Tuyl Group, the nation’s largest privately held auto dealership group. Warren Buffet, having dipped his toes into the automotive industry by taking a stake in GM, sees the opportunity to replicate Van Tuyl’s success by consolidating dealership groups throughout the Sunbelt. At a time when auto industry big wigs are talking about radical changes that need to take place in automotive retailing, Buffet has chosen to support the traditional dealership model. In an interview, Buffet noted, "I fully expect we'll buy a lot more dealerships over time. This [...]
Bulk Up and Charge Up – How Vacation Can Reveal Your Business’ Bench Strength
I recently wrote an article about managing one’s business as if it were always for sale. One of the key points was getting management proficient at running the business successfully in the owner’s absence. But what about management’s absence? A recent article in the Chicago Tribune points out the results of a new survey released by Travel Effect, an initiative of the U.S. Travel Association. The article references the report, "Overwhelmed America: Why Don't We Use Our Paid Time Off?", stating that 40 percent of American workers will leave paid vacation days unused at the end of the year. Reasons [...]

David Weaver





