A fellow blogger just posted a thought-provoking article, “What to do if the Family Business isn’t for you.” Below are some of the key takeaways if you have been debating about continuing the family business. Kyle Danner writes, “Here’s a scary thought: What if the family business isn’t for you?” What if you’ve decided to… Continue reading Is the Family Business Right for You?
Category: Exit Planning
The 5 D’s of Contingency Planning: Add Value to Your Business and to Your Exit Strategy
Contingency Planning is one of those areas most business owners would rather avoid. Who wants to think about worst-case, What-If scenarios? However, if you develop your contingency plans to effectively address the worst-case concerns and you DOCUMENT IT, the immediate impact is those documented plans add value to your business. They allow you to add… Continue reading The 5 D’s of Contingency Planning: Add Value to Your Business and to Your Exit Strategy
Family Business Succession
I recently had the privilege to hear New York Times best selling author Thomas William Deans speak. Tom is the author of two best sellers on family businesses – “Every Family’s Business” and “Willing Wisdom”. The overriding theme of Tom’s books and his presentations is that family’s need to do a better job of dealing… Continue reading Family Business Succession
How well does your business stack up? Maybe now is the time to find out
Who is Really Responsible for the Surge in Economic Growth in 2017 and 2018?
By most accounts, GDP is one of the best measures of economic growth in this country. President Donald Trump has been touting his positive economic record since he took office in January of 2017. However, former president Barack Obama and his supporters have claimed that the policies of the Obama administration are responsible. Who is… Continue reading Who is Really Responsible for the Surge in Economic Growth in 2017 and 2018?
FPA Owner Transitions 