Historically, family business owners have relied on their own entrepreneurial skills and prowess for success. In instances where they have need for specific expertise, they have sought out traditional advisors (e.g. CPAs, attorneys, bankers, and/or financial planners). Due to their relatively narrow focus, such specialists alone are insufficient for many family businesses because they fail to recognize and deliver solutions that address issues beyond financial or technical components.
Your long term success requires a well-balanced look at not only the typical financial structures of the family business, but also the structures which deal with operations and management of the family owned business and how well or poorly people in the system function together. Our experienced consultants take a unique, collaborative approach that focuses on balancing interpersonal, operational, and financial issues to help family and closely held businesses achieve breakthrough success.
Recent Posts
How to Hire Your Next CEO
If it is true that the average age of a construction CEO is 61 years old and that 90% expect to transition out in the next five years (as a speaker at the 2023 AGC Convention claimed), the industry is in for a tremendous period of leadership upheaval! According to...
The Essence of Competition
Because construction is a ruthlessly competitive industry, leaders must be able to bring their "A Games" continually. This week in Digging Deeper, Dennis shares parts of his journey to face his best competition and offers metaphorical tips so you can be fully prepared...
Why Is Humility Such a Valuable Attribute?
Humility isn't natural for most successful contractors. But it is a tremendous attribute (for senior leaders especially) to cultivate. In the words of FBI's Rob Hoover: "Humility is a guiding principle for being a Servant Leader, having genuine curiosity, and relating...