Propane-Renewable-Energy-Oil-Gas

Breaking Hub-and-Spoke Management Culture to Create Growth & Succession Options

2024-03-15T12:57:22-05:00By |Energy, Succession Blog|

In the dynamic realm of propane, oil, and gas businesses, effective leadership is vital for smooth operations, growth opportunities, and family business succession planning options, especially when the owner isn't present. Consider a case study example to help you identify if your business is suffering from a hub-and-spoke management culture and learn actionable steps [...]

Next-Gen Strategies for Family Business Success

2024-04-02T17:37:30-05:00By |Energy, Succession Blog|

Rising Stars: Crafting Your Path in Propane & Renewable Energy As the proud next-generation family member of a successful business owner, you've likely encountered the age-old struggle of finding your identity and creating your path amidst your parents' towering achievements. Consider the sentiment shared by the daughter of a propane business owner: "My father [...]

Uncover Proven Family Business Strategies for Long-Term Success

2024-03-15T14:12:45-05:00By |Energy, Succession Blog|

Acquisitions, Culture, & Cash Flow: Effective succession planning is a must in the ever-changing landscape of the propane, oil, and energy industries, especially for companies eyeing growth through acquisitions. Often linked to exits or retirements, succession planning goes beyond departure—it's the key to unlocking sustainable growth, seamlessly integrating acquisitions, maximizing ROI, and fostering prosperity. [...]

4 Tips for Family-Owned Fuel Businesses During the Holiday Season

2023-11-28T16:10:26-06:00By |Energy, Succession Blog|

Family-owned fuel dealers, wholesalers, propane marketers, and service contractors: The holiday season ushers in a unique blend of joy and introspection, particularly for businesses deeply rooted in family ties. Your enterprise isn't just a business; it's a family affair. You employ those connected by blood and those who've become integral parts of your extended [...]

The Guide to Balancing Family Bonds and Business Growth in Propane Enterprises

2023-10-05T19:31:33-05:00By |Energy, Succession Blog|

For family propane businesses, balancing nurturing familial bonds and preparing the next generation for leadership roles can be daunting. Leaving family integration into the business to chance is a recipe for failure, as it can strain your family relationships and the success of your business. Just as you put effort into sustaining and growing [...]

Fuel Dealer’s Game-Changing Strategy Secures a Thriving Future

2023-08-30T12:19:56-05:00By |Energy, Succession Blog|

In the ever-changing fuel industry, dealers seeking to evolve out of day-to-day operations while continuing to secure their financial future must go beyond hope alone. While many fuel dealers aspire to sell their businesses and cash in, others seek secure investment opportunities amid economic uncertainty. The idea of passing the torch to family members [...]

Three Issues Plaguing Business Owners in the Heating Fuel and Energy Industry and How to Overcome Them

2023-08-30T11:53:39-05:00By |Energy, Succession Blog|

Business owners in the heating, fuel, and energy industry are much like chefs in a busy kitchen, constantly juggling multiple demands requiring their attention, including political and industry changes, day-to-day operations, customer perceptions, and employee and leadership dynamics. As such, owners can often wonder which end is up, what is the best direction forward, [...]

Expert Strategies to Navigate Volatility in the Oil and Gas Industries

2023-05-30T14:08:51-05:00By |Energy, Succession Blog|

The Importance of Collaboration and Strategic Planning The energy industry presents a multitude of challenges for fuel dealers, wholesalers, and service contractors. These challenges range from seasonal fluctuations, inflation, and political factors to their customers’ reliance on their business. These external forces can make it challenging for dealers to maintain a steady revenue stream. [...]

Earning Respect in the Family Business

2023-03-06T10:12:02-06:00By |Automotive, Family Business Balance, Video|

A successful family business can provide opportunities to all who are associated with the owners or viewed as family. History has proven, the odds of family business success through multiple generations dwindles with every ownership transition. However; where many family businesses have failed, there have also been many family businesses [...]

What is Changing In the Areas of Estate Tax?

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Planning Opportunities To Take Advantage of Now

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Leadership in Uncertain Times

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