It’s been 40 years since Gersick introduced the Three Circle Model for Family Business. How can you assess governance maturity in each circle? Read More
When it’s time to sell, you need to hire an investment banker that can best tell your story to investors. Get tips for evaluating bankers. Read More
It’s vital to balance corporate governance with family dynamics. Family-owned businesses fail when relatives’ goals and values don’t align. Read More
Private company board evaluations need focus, consistency and discipline. Consistent and honest feedback can facilitate business growth. Read More
The complexities of a PE exit can be scary for employees who are evaluating their job security during a business sale. What should you know? Read More
A public company must focus on shareholder value, but a private company board of directors answers to one person only: the owner. Read More
If you don’t know how to sell a small business, you may find resources and expertise in an investment banker or broker, but it can come at a cost. Read More
When Werner Co. faces growing pains, its president avoids making business decisions that could jeopardize the company—but his inaction is still a decision. Read More
Should an effective board of directors stick its nose into business matters or keep its fingers out? A leadership crisis heightens the question. Read More
Do you have too much cash on hand? Cash allocation decisions are some of the trickiest for small businesses to face – make your cash work as hard as you do. Read More