Leading Through Transition
There is light at the end of the tunnel. We promise. You are resilient and events in our history like COVID-19 make us stronger and innovative to solve the issues unique to times of turbulence.
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We have shepherded our clients through many environments like we have today. Save your self-time, worry, and money, and let’s talk.
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Resources
What is One Change Dealers Can Make to Increase Profitability?
People are our biggest asset and we often talk about the costs of turnover to an organization. However, when COVID-19 hit the stage it forced dealers to take a critical look at the roles and responsibilities within their business. This look is forcing many dealers to carefully evaluate staffing levels [...]
4 Key Areas Every Business Owner Should Take Control Of
As the world shut down in 2020, entrepreneurs lost control. No one can tell us when the next disaster will occur or whether it will happen in our lifetime. However, there is 100% certainty every business is confronted with some transition, also known as "Succession," whether through a sale, gift, or death. In the [...]
Bench Strength and Succession Planning
The term bench strength may appear abstract and very indirectly placed in your business as most would consider the term (bench-strength) to define one person laying on a bench-press while on the brink of lifting a weighted bar. However, if we conceptualize the components of skills, capabilities, experience, and who contributes those components daily [...]
Why Business Owners Need to Diversify Away from Their Operating Business and How to Do It
Our clients are among the wealthiest people in the country. Every one of them has a net worth that exceeds the current lifetime exemption amount and, therefore, fall into the category of the 1%’ers. In, Why Business Owners Need to Diversify Away from Their Operating Business and How to Do It, Jeff Faulkner, explains [...]
Selling or Transferring: Building and Protecting Business Value
Your business's value depends on the strength and quality of operations, culture, people, and reputation. These areas can be where they need to be to take your business into the future IF you commit to succession planning. Your business is more valuable to you than anyone if you can create an effective union of [...]
How Partners Balance The Great Family Business Oxymoron
Keeping results and relationships balanced among business partners and family members requires understanding that each member of the family walks around with several identities that shift from one priority environment to another. There are 6 main priority environments: Work, Family, Social, Financial Health, Physical Health, and Your Personal Operating System Here are some of [...]
