WHEN TO ADD FINANCIAL EXPERTISE IN A GROWING BUSINESS?

Of the many decisions a business leader faces with a growing enterprise, decisions about when (and at what level) to add financial expertise can be one of the most obscure. …

Read more »

SUDDEN WEALTH

I just got off the phone with an old friend – a musician – who called in a panic. He was beside himself and for a moment I thought maybe…

Read more »

LEADERSHIP

As we come to the end of another hectic year I want to pause and reflect on a conversation I have regularly with clients that has little to do with…

Read more »

THE FAMILY BANK

Three years ago I helped a business owner rescue his succession plan from imminent failure.  We restructured the plan to both enable him to withdraw from the business (with enough…

Read more »

CYBERSECURITY IN A CHANGING WORLD

The Wall Street Journal Pro Report of December 19, 2017 was devoted to the issue of Cybersecurity. The chilling reality is that national governments, state and local governments, businesses and…

Read more »

SMALL BUSINESS AND GROWTH PLATEAUS

As a small business grows, some changes made necessary by growth are obvious while more subtle but, no less important ones often go unattended. Take for example the need for…

Read more »

THE VALUE SURPRISE IN SELLING YOUR BUSINESS

In this post I describe a frequent problem our firm encounters with founder/owners looking to sell their business. Recently a client mentioned that she was thinking of selling her existing…

Read more »

SUCCESSION PLANNING RETHOUGHT

Few issues trouble a business owner more than how they are going to exit a business at retirement, to start another business (if they are a serial entrepreneur), or to…

Read more »

WHEN FAMILY WEALTH OUTGROWS THE FAMILY BUSINESS

Transitions in a family business are difficult. Deciding how and where to grow, changing roles and responsibilities and balancing emotions and egos are all transitions which are amplified in a…

Read more »

THE 5 THINGS YOU NEED TO DO IF YOUR ARE A WHATSAPP EMPLOYEE

The recent acquisition of WhatsApp by Facebook, at an astonishingly high valuation, brings to mind some thoughts about the challenges faced by those 53 WhatsApp employees who find themselves suddenly…

Read more »