We've all had to deal with very tough situations over the past year and a half. It could be that some of your relationships which ordinarily would have been counted as your closest, are now strained due to emotions running higher than normal, with opinions and world views that differ. How do we keep communication lines open… Continue reading Managing People in Today’s Tough Environment
Business owners and individuals alike have become well acquainted with the need for a back-up plan especially during recent times! We’ve all been told to expect the unexpected and plan for contingencies. As owners, we cannot predict when a major disruption will occur in our business and/or our personal lives. We know these things can… Continue reading In Case of Emergency, Break Glass
Recently, the Exit Planning Institute (EPI) shared LinkedIn poll results to their network of advisors and business owners. EPI was interested to see if advisors knew the key differences between generations. Here are the results. A Baby Boomer business owner, in part, is known for… Their work life balance – 0%Their ability to handle a… Continue reading Generational Differences: What Makes a Baby Boomer a Baby Boomer?
Imagine this: your friend just had a baby boy and is showing you photos of the red-faced crying infant as they excitedly tell you how cute he is. You try your best to hide your very loud facial expressions and muster up a compliment for the baby. But you know this baby is not cute,… Continue reading Top 3 Reasons No One Wants to Buy Your Business
There are three motivators that drive every client engagement at FPA Owners Transitions, Clarity, Liquidity, and Legacy. Finding clarity comes first before all else and working with an advisor to find it is essential. Liquidity and Legacy vary in importance from owner to owner. Once they have been prioritized, an owner and their advisors can begin down a productive… Continue reading Baby Boomers: 3 Things to Motivate You to Get Transition Ready