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
What’s a FOOLPROOF Way to Increase the Value of Your Business?
We recently got a call about how to value a construction company. There are lots of answers to that question, but we're not really in the valuation business, so we punted. However, if you ask the question: "How do I increase the VALUE of my construction company?"...
Setting and Achieving Goals
Setting goals is a great beginning, and there is a way to increase the odds of achieving them. Whether setting personal or professional goals, you need to create a realistic plan to put you on the right path. Watch Digging Deeper this week as Dennis shares his own...
What Does It Mean if You Are Always “Firefighting?”
An FBI consultant asked Wayne for some advice on an assignment where the senior leader is always "putting out fires" in his construction firm. Wayne commented that it sounded like a poorly run company, but then he had to stop and think: WHY is constant firefighting...