Competition drives our economy. COVID19 forces the hand of many businesses to be profitable while accelerating the decline of those that can't make it in the new market place. And for others, it is a window of opportunity to expand and acquire those that can't cut it or are just tired and ready to … [Read more...] about That Crazy Competitor Down the Street
Small Business Development
One of the nice things about having a business where you work with clients for years vs hours is that you develop friendships and a business relationship. Since I sold my last company in 2015, I can't say I miss all my old clients, but there were many of them that I respected and learned from … [Read more...] about Is There Life After Owning a Business?
In just a few short weeks, we've gone from a robust economic engine to sputtering along on a few cylinders. By now, all that work strategic planning work you did at the end of last year should show up. If no planning was done, then it's all reactionary decisions. Frankly, it's hard to predict … [Read more...] about The World is Temporarily Closed
When you invest your own money and operate your own business, you take pride in your independence. It’s MY business, you can tell yourself, in good times and bad. However, in a family business, it’s OUR business. When family members work together, there is always room for conflict. Emotions … [Read more...] about Passing the Torch in a Family Business