Getting ready for rising rates is essentially about managing key areas of your business to operate more efficiently and generating additional cash in the process.Read more
Our blog is written by our experts, all former C-suite executives, who assist our clients in working through critical issues like yours.Each month we write about different topics ranging from how to meet your capital needs to maximize growth potential,planning for an ownership transition or building the right infrastructure to support an expanding business.
A leadership development plan for a family business acknowledges family member’s core competencies and creates a path for them to acquire the skills required in the years ahead.Read more
No business is conflict-free, and family-owned businesses may be one of the best examples of that. Is it possible to plan for transitions in a family business without explosive dynamics, reducing the stress all around while keeping family relationships intact?Read more
Dan, CEO of his third generation, family-owned food distribution company, is interested in growing his business beyond its base in the southeast U.S. and has available capital. Pete’s business operates in California and other western states; as newly appointed CEO of his fifth generation business, he’s anxious to expand his family’s interests. Dan sees opportunity by strategically investing in Pete’s company. Pete is interested in growing his business but wants to ensure that the next generation—his son and daughter—maintains control of the business after his retirement. He considers another family business in his industry a better partner than the financial investors he has talked to, especially given their relatively short-term investment horizons.Read more