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Free GuideIf you own or work in a family business and things are not going well then you might find solace in knowing that many of us—if not all of us—have been there (or are there). The reality is that running or owning your own business can be a butt-kicker. The outsiders look at your lifestyle […]
Read moreSuccession planning is a very real factor for most business—not just family businesses. A change in leadership, for any business, will inevitably come and those changes, naturally, are best managed when they are well planned. If you have an Advisory Board or Outside Board of Directors (which you should have but likely don’t), you should […]
Read moreI hope God has a place in your life—and not just at Christmas or Easter. Sadly, our society is drifting away from Christian moorings that have kept us safe and pointed in the right direction for so many decades. At the risk of offending, I wish to simply state that God and family should be […]
Read moreIt is a long week at the business—Friday night finally comes. You and your wife head out for a well-deserved night on the town. Part of the night will likely be a delicious meal at a favorite restaurant where it will be wonderful to relax and just talk with your wife about everything. One of […]
Read moreUsing a real Board of Directors from outside the business takes some real courage! Let’s be honest here—none of us run a perfect business. We all have business warts and bald spots that we would rather not show outsiders. We, more than likely, will be embarrassed by how much money our company does NOT make. […]
Read moreHere is a small blog to talk about strategy and execution—two topics that have libraries of information each. My purpose here is to simply point out that Strategy and Execution are NOT the same things! Even more, it is critical for family businesses to treat each topic seriously. Are you taking the time to really […]
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