Succession Blog

As Seen in Digital Dealer – Feeling Family Pressure? How to Overcome Mismatched Expectations

2020-06-12T12:29:11-05:00By |Succession Blog|

In working with families to help understand perceived issues, one of the first steps I take is to determine if they are on the same page. Do they value and want the same things for the family and the business? If not, there is a disconnect and more of a challenge in matching expectations. [...]

As Seen in Multi-Unit Franchisee Report – Conflict Is Inevitable, Here’s How To Navigate It

2020-06-02T09:03:17-05:00By |Succession Blog|

Conflict is a given in life. No two people agree on every angle of every subject. In emotionally bonded relationships like family and or business partnerships, differences of opinion carry more weight and often leads to conflict. There are some underlying reasons for these responses to our differences, which is probably subject matter for [...]

I Don’t Want To Retire

2020-07-14T15:47:15-05:00By |Succession Blog, Video|

I’ve heard this a thousand times from business owner clients over almost 40 years I’ve been a business succession planner. I understand - I don’t want to retire and I’m five years older than the age my father retired. For most business owners, you love what you do and you probably feel like Bobby [...]

As Seen in Multi-Unit Franchisee Report – Effective Communication In The Family Business During A Crisis Like Covid-19

2020-05-19T09:48:51-05:00By |Succession Blog|

Combining family and business is challenging and can be frustrating when things are going well, but when a crisis like Covid-19 hits...pressure builds and emotions can blow sky high. You can't run a business like a family, and you can't run a family like a business. During difficult times family members need each others' [...]

As Seen in Multi-Unit Franchisee Report – How the OODA Loop Can Help You Lead in a Time of Crisis

2020-05-05T12:41:04-05:00By |Succession Blog|

In a time of crisis, one thing our employees need most is for us to lead. What we learn from leaders is that in a time of crisis, decision-making can be the hardest part of being a leader. The OODA Loop was created by a military strategist named John Boyd, who also happened to [...]

The Vaccine for Fear

2020-05-06T08:17:21-05:00By |COVID 19: The Path Forward, Succession Blog|

It’s day 41 working from home due to the Coronavirus lock down. During that time businesses on survival mode, applying for PPP money, people laid off, applying for unemployment, portfolios taking a beating. The result – fear, anxiety, and stress! Especially for those of us in the higher risk categories, it appears we won’t [...]

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