Today’s employees want to know how they contribute to the business. Employee engagement is one of the keys to successful business performance. And today’s employees want to know how they contribute to the success of the business. Imagine playing a game of baseball in which the teams did not keep score. What would be the…

Buy-Side Transactions Buy-Side transactions refer to transactions made by companies that purchase other businesses, either entirely or in business segments. Strategic Planning Companies with an opportunistic strategic plan for growth may look to acquire businesses that complement, enhance, or diversify their current trajectory. Understanding the acquisition, or buy-side process, is critical to completing a successful…

Growing businesses need processes. If your business is a growing enterprise, your processes need to be developed so the business is scalable – meaning continued growth without adding employees. Existing processes tend to be either nonexistent, or inconsistent while being weighed down with slow moving paper forms and sign offs. The company’s growth can be…

Selling a Privately Held Company Most owners of privately held companies eventually want to sell or transfer their ownership interests sometime in the future. This article is an attempt to help owners understand one of the more frustrating processes of selling a business, which is called “due diligence.” What is Due Diligence? “Few buyers will…

Most privately held company owners spend too much time working “in” their businesses instead of “on” their businesses. Successful entrepreneur business owners are so focused on the business’ success that they forget to spend time protecting, for generations to come, the very success they created. In our complimentary Discovery Analysis™ process, we see all the…

Board of Director Expertise Certain companies require a formal Board of Directors as constituted in the company’s bylaws, operating agreements, etc. Both the number and the terms of the directors are usually documented in the company’s legal agreements. Election of Directors and Officers Directors are elected by the shareholders/owners of the company. The Board of…

Advisory Board Member Expertise Privately held companies may benefit from hiring Advisory Board Members to assist with independent expert advice. Not a Board of Directors An advisory board is a body that provides non-binding strategic advice to the management of a corporation or organization. The informal nature of an advisory board gives greater flexibility in structure and…