A new study from Family Process shows that passing down a family business is an emotional process, and key factors need to be in place in order for the transition to prove successful. The owner needs to trust other … [Read more...]
Trust a Large Factor in the Emotional Process of Family Business Succession
Pieces of the Puzzle: A Guide to Successful Asset Protection
It’s estimated that 70% of family businesses in the U.S. fail after ownership is transferred from one generation to the next. Historically, Dunkin’ Donuts has attracted operators whose aim is always to pass the … [Read more...]
Business Sellers Increasingly Play Banker
Monica Mehta writes at Bloomberg BusinssWeek that business sellers are using creative financing to command better prices or close deals. During the recession, merger and acquisition activity in the lower-middle … [Read more...]
The Golden Rule of Profitability
Kent Bernhard, Jr. writes at Portfolio.com that a new study by Harvard finds that treating the people at the lowest rung of the corporate ladder right isn’t just a nice thing to do. It improves the bottom … [Read more...]
Great leaders inspire through strong purpose
Lee J. Colan writes in the Dallas Business Journal that three people were crushing rocks at a construction job. When asked, “What is your job?” the first said, “My job is to do what I am told to get paid.” The … [Read more...]
Be prepared with good plans, be they buy-sell agreements or succession
James Lea of Triangle Business Journal writes a colmn on the world of family business bizjournals.com here is a Q & A regarding your family business. Q: Our family’s business is growing at a steady rate, and … [Read more...]
New hires complete new Form W-11 to qualify employers for HIRE Act tax breaks
IRS has released Form W-11, Hiring Incentives to Restore Employment (HIRE) Act Employee Affidavit. Newly hired, but formerly unemployed, workers must sign this form (or its equivalent) in order for their new employers to … [Read more...]
Negotiation and the Franchise Relationship
Jerry Wilkerson writes an interesting article about negotiation and the franchise relationship that is posted on Franchise Chat: As the song by Joni Mitchell goes; " I've looked life from both sides now," and, I have. … [Read more...]
Report Reveals Areas Where Retailers Can Reduce Theft and Improve Store Efficiencies
A new study, sponsored in part by ADT and its Sensormatic Retail Solutions group, reveals the need for retailers to focus on technology solutions that enhance their current operational goals and combat theft without … [Read more...]
Worth Its Weight in Junk
Charles P. Wallace at Portfolio.com reports that the junk-bond market has been on a tear. Rates are dropping, making it easier for even weak companies to raise capital. One year after the worst credit crisis in living … [Read more...]
