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All About Management Advisory (2)

8 Characteristics of Successful Family-Owned Businesses

There’s no magic bullet for making your family-owned business hum smoothly along from one generation to the next. The good news? You can learn from successful family-owned businesses that have made it to the second, third, fourth and even fifth...
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Exit Planning Would Have Saved This Family-Owned Business from Bankruptcy

Whether you want your company to continue growing after you retire or simply want to turn a profit on the sale of your business, every company owner needs an exit plan. As a CPA who has worked with business owners for decades, I’ve seen several companies...
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Five Keys to a Successful Family-Owned Construction Business

Running a family-owned construction business comes with its own unique set of opportunities and pitfalls. Between managing employees, some of them family members, and identifying a successor to continue your legacy, the dynamics of a family-owned...
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Exit Planning Strategies for Construction Contractors

Even when you love your work, it's inevitable that you will eventually have to leave your role as the owner of your construction company. The bad news is, there is significant planning to do. The good news is, there are things you can do to leave your...
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Layoff or Furlough: What’s Right for Your Business?

If you are considering ways to manage your workforce to protect the financial viability of your organization, you’re faced with some tough decisions ahead. It’s important to know what your options are, and how each option affects your business and...
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5 Tips for Growing Your Business

Most small to mid-size business owners have a lot on their plate. Not only are you still involved in much of the day-to-day operations at your company, but you probably also wear the hat of accountant, marketer, recruiter and more. This shifting list of...
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