Business Strategy

7 Tips to Jump Start Your Succession Planning Efforts

March 7, 2023

Here are some tips that may help you develop effective strategies for your long-term leadership needs.View

How Long Has It Been Since You Dusted Off Your Shareholders’ Agreement?

February 21, 2023

The shareholders’ agreement should be a living document that the shareholders take an active role in designing (with the help of advisors) and monitoring on a regular basis.View

Is Building Your Personal Balance Sheet Part of Your Business Strategy?

October 20, 2022

One of the important issues we see with private company owners is that they have such an intense focus on building their companies, they don’t think about their own personal balance sheet. Without building up their balance sheet outside of the private company, some owners are forced to sell or take other actions due to their lack of liquidity.View

Understanding Your Capital and Resource Position is Critical When Considering an Acquisition

September 8, 2022

Not all capital is the same. When thinking about capital allocation in your private company, there are three critical aspects.View

Capital Allocation Strategy for Private Companies – How to Drive Shareholder Value and Values

August 3, 2022

Assuming that a company has net income and has adequately compensated its people, there is a relatively short list of options regarding a company’s capital allocation strategy, but each is very important.View

Pricing - The Most Misunderstood Element of Your Strategy

May 23, 2022

Pricing is one of the most controversial and difficult issues a company faces, and it is oftentimes the most misunderstood element of the organization’s strategy.View

Why You Should Shift Your Customer Strategy When Resources are Constrained

April 5, 2022

When companies set their strategy, the overwhelming focus is often on the top line as a means to drive bottom line growth.View

Why You Should Operate Your Business (More) Like a Professional Investor

February 15, 2022

Here is a checklist of items that professional investors focus on that private owners can benefit from considering in order to create long-term value in their businesses.View

Don’t Let Your Business Strategy End Up Like Most New Year’s Resolutions

January 10, 2022

Just like New Year's resolutions, business strategies start out with the best intentions. However, they often fail for one of these four reasons.View

Do You Have the Right Team? Here Are Five Questions You Should Consider

September 17, 2021

Here are five questions to ask to determine if you have the right people in the right seats.View