Are all markets created equal? Are all markets equally ready? Read about Georgia #EPI #ownerreadiness #changetheoutcome
Every family business struggles with challenges that no one wants to talk about. Operating a business is hard enough, adding on the dynamics of working with relatives into the mix and it is easy to see how family businesses can struggle to effectively operate. Personal feelings can cloud judgment, foster resentment, and negatively impact how the business grows. If problems are left to fester, the business can become a battleground. When family businesses avoid discussing these critical issues, they miss business opportunities, lose money and damage relationships. These “elephants in the room” keep… Read More
What impact does culture actually have on business value? Well, studies show that 70-80% of all integrations fail, often due to cultural mismatch.
According to national research cited in the State of Owner Readiness Survey (primary research conducted by EPI and its supporting partners), many Baby Boomer business owners are experiencing the next stage in their business’s lifecycle. As these accomplished owners look ahead one, five, or ten years, they see transition, sale, or exit on their horizon. Not a surprising reality, but the concern begins when you look at staggering historical success (or fail) rates for transitioning a privately held business.
If you look at the top 10 most valuable companies today, what do they all have in common? And what do they have in common with your business?
There is some disagreement on Millennials and Gen Zers. Who is the better generation?