In a previous article we discussed things to ponder when considering a business partnership. In this article, we’re going to deepen and broaden the conversation by considering the question from the aspect of bringing on multiple partners. Partnerships continue...
Delegation. It’s one of the surest and most necessary components of the growth of any business, yet it’s sometimes looked at too simplistically. “You get to do this now,” only works if your colleague or employee knows he/she has your trust. Without that trust, what...
In today’s competitive marketplace, it’s important to consider key differentiators for your company when it comes to attracting (and more importantly, retaining) key members of your team. Both equity and profit sharing send the signal that “You’re a direct part of...
2017 was an eventful year in many respects. Politics, cryptocurrency, and social issues were constantly in turmoil and at the forefront of discussion. However, those of us who own, operate, buy, and sell business have seen a lot of good growth and have a fairly bright...
Most of you may be familiar with the “annual meetings” required by law for corporations. For small businesses these meetings are often virtual and imaginary, a function that’s simply required for corporate compliance. For others, it’s a real and genuine chance...
Talking about succession planning for family owned businesses… Did you know that 7 out of 10 Baby Boomers plan to work past the age of 65? While that’s not really too surprising, given that generation’s legendary work ethic, this can cause a problem in family...
