Center for Private Company Excellence Blog

Using Uncertainty as a Leadership Development Tool

August 2, 2021

The past sixteen months have been like a crash course on leading in uncertain times. And we have not been dealing with garden variety uncertainties—leaders have had to make decisions impacting not only the long-term viability of their companies, but also the lives and wellbeing of their employees.View

Now is the Time to Organize Your Documents and Consider Your Exit Strategy

July 22, 2021

Crossing off these items from your to-do list will allow for a smoother and more successful exit when the time arises.View

Structuring a Family Business Transition that Works for the Family and the Business

July 15, 2021

Here are key action items when structuring a family transition plan.View

How to Determine ‘Reasonable Compensation’ in an S Corporation

June 29, 2021

In private companies, the shareholder(s) and/or their family members are often employees of the corporation. It is important for business owners to ensure that compensation paid to a shareholder-employee is reasonable.View

Pursuing Growth through a Strategic Acquisition

June 21, 2021

Strategic acquisitions can assist a business in achieving its growth objectives.View

The Problem with Employee Feedback Programs

June 14, 2021

Most organizations have not incorporated the principle into employee feedback and development programs. We focus on outcomes rather than the processes.View

3 Planning Tools to Organize Your Family Business for Transition

May 27, 2021

Here are some tips on three common planning tools to consider when organizing your family business for transition.View

Potential Tax Law Changes Under the American Jobs Plan That Would Affect Individual Taxpayers

May 14, 2021

The passage of The Consolidated Appropriations Act and The American Rescue Plan were both geared toward stimulating the economy and providing pandemic-related financial benefits to businesses and individuals.View

Why Privately-Held Businesses Receive Valuation Discounts – Part 1

May 6, 2021

Privately-held businesses are generally entitled to receive two types of valuation discounts. One is the discount for lack of marketability (DLOM) and the other is the discount for lack of control (DLOC). This blog post will focus on the DLOM.View

Should Your Private Company Board Have a Compensation Committee?

April 21, 2021

A private company can benefit from having a board of directors in a variety of ways, particularly by ensuring that executive compensation plans are not misaligned with long-term shareholder objectives—a problem we frequently encounter.View