November 15, 2019
Making decisions in business can be difficult not only because they require judgment, but because you’re fighting the sunk cost effect, which is the psychological tendency to maintain the status quo once you’ve devoted time, energy, or money to an endeavor.View
November 6, 2019
As private company owners deal with the succession and transfer of their businesses, we are seeing an increasing interest in using an employee stock ownership plan (ESOP) as a transfer strategy.View
October 25, 2019
By now, most businesses have hopefully heard of the Wayfair decision rendered by the U.S. Supreme Court. For those who have not, or who might have dismissed the decision as not applicable, the Wayfair decision basically rewrote the definition of nexus for sales tax purposes.View
October 1, 2019
Building teams and creating a collaborative environment are a routine part of today’s business structure. So why do some teams work and others fail?View
September 30, 2019
Growth at a business and personal level is one of the key ingredients for success. However, many companies pursue any type of growth solely for growth’s sake, which is a mistake.View
September 16, 2019
Families are often torn about the long-term fate of their family businesses.View
September 13, 2019
One of the most important responsibilities of a leader is to evaluate and manage the risk within an organization. Unfortunately, this task is often either ignored or given minimal attention.View
September 6, 2019
In a private company transition, one of the biggest issues is the pace at which the owner or exiting shareholder steps out of the business.View
August 29, 2019
An ideal succession plan enables a smooth transition, minimizes disruptions to the business, and incorporates the following do’s and don’ts to achieve an effective plan.View
August 20, 2019
Here are three common events a business owner may encounter that warrant the expertise and experience of an independent business advisor.View