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Free GuideA few years ago, I was consulting with a family business that owned a lumber yard. They had been in business for over one hundred years and were currently into their third generation of succession. The business had declined slightly in recent years, but the proud tradition of grandfather, son and grandson was still in […]
Read moreFor starters, what is a meeting rhythm and why is it vitally important for your company’s success? A meeting rhythm essentially means you have key meetings in your company and that they are regularly and predictably held as scheduled. In fact, they are so regular and predictable that they almost turn into a rhythm, like […]
Read moreLetting bad-attitude employees hang on to their employment is one of the biggest mistakes small business owners and family business owners make. Most of us, at one point or another, have faced this issue. It becomes especially difficult when this person is a key employee. How many of us have a top performer, stellar by […]
Read moreBack in summer 1994, my father started to take serious steps toward starting his own business. It was something he had talked and dreamed about doing for years, but the leap from dreaming to doing, as many of you know, is huge. Finally, one day he had endured enough at his place of employment and […]
Read moreMany small businesses, including the traditional family business, function in that space often referred to as a “Lifestyle” business. What is a Lifestyle business? Generally described, Lifestyle is meant to describe the type of business that provides you, your family or your partners, with a manageable living income but not necessarily a business that provides […]
Read more“Feast or Famine” is a phrase that nearly every business owner has heard—and even said to others—many times. Indeed, it seems to be true and the reality, quite honestly, is that it is true. The question is why? Before I tell you my opinion as to the reason why, I want to share a quick […]
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