If you are unfamiliar with CSR or corporate social responsibility, you are certainly not alone. In the coming years, you’ll be hearing a lot about CSR. In this article, we’ll look at CSR and how, when implemented with sincerity, it can positively impact your company and its operation. Building Your CSR Locally One of the […]
There is some real contrast with the phrase “need for change and the need for stability”. Business owners are fighting this dichotomy daily with decisions, strategies and personnel choices they make to survive in their industries. With change or with steadiness the business owner is always being openly viewed by customers, suppliers, and employees all […]
The saying “loose lips sink ships,” doesn’t have ancient origins. While it sounds like one of those sayings that has been around forever, the saying was actually invented during World War II. It was taken quite literally. The idea was that a lack of secrecy could lead to the loses of actual ships or other […]
A hands-on owner who has “lived the business” 60 and 70 hours a week for decades often has a very difficult time letting go, even though, in his or her mind, it’s time to sell the company. I am currently working with an owner who I’ve been in contact with for over four years. During […]
Gary Van Sistine, Josh Phillips, John Foster and Mike Van attended the Manufacturing First Expo. If you have questions on buying or selling give us a call!
If you own a business, then ownership transition should definitely be a central topic in your planning. A few years ago, MassMutual Life Insurance Company conducted a very interesting and thought-provoking survey of family-owned businesses. Obviously, family-owned businesses have their own unique needs and challenges. The MassMutual Life Insurance Company survey certainly underscored this fact. […]
Pros and Cons are discussed on my radio program ‘Just the Facts’ on WOMT Radio.
There is growing momentum from the European Union (EU) to force the issue of cheese’s geographic origins on U.S. and other countries. For instance, in the case of Parmesan: If the EU had their way. Parmesan could only be labeled and marketed as Parmesan only if it’s produced in Italy. Therefore, Italy or any other […]
The reasons for selling a business can be divided into two main categories. The first is a sale that is planned almost from the beginning or by an owner who knows that selling is or should be a planned event. The second is exactly the opposite – unplanned; the sale is motivated by a specific […]
To successfully sell a transportation business, you should be educated in the process. You should also surround yourself with a team of experts, including a professional business broker or agents, which help guide you along the way. There are many myths associated with the process of selling your transportation business and some of them can […]