Owner-Employees (Advantages and Risks)

Owner-Employees (Advantages and Risks)

In last week’s article we looked at the benefits and risks of having family members as employees and offered three recommendations to proactively address challenges associated with family employees: clearly establish roles and responsibilities of the job;...
The Business of Family Business (Family Employees)

The Business of Family Business (Family Employees)

Last week we explored the challenges with navigating the death of a patriarch or matriarch as part one of the four disruptions to a family business: death; new entrants; inequity and behavioral health as explained in “The Family Business Handbook”...
The Business of Family Business (Navigating Death)

The Business of Family Business (Navigating Death)

As a person that grew up in family business and ran a family business for nearly twenty (20) years I am passionate about helping businesses navigate some of the landmines that exist in family business. This article is the first in a series that I hope can help leaders...
Flying and Entrepreneurship

Flying and Entrepreneurship

I still remember my first solo cross-country flight. That flight was filled with self-doubt and anxiety while simultaneously creating incredible excitement, pride and anticipation for the journey ahead. I often think being an entrepreneur gave me the confidence to...
Financial Forecasting and its Limits

Financial Forecasting and its Limits

Financial planning and analysis (FP&A) can be an incredible asset to any small business. FP&A allows business owners to create a plan and a roadmap to follow into the future. However, business owners need to be conscious that forecasting is not fortune...