The key to a successful business sale is assembling the right transaction team. A business sale goes smoothly when everyone’s interests align and the right transaction team comes together. Read More
Despite what we may hope, beauty bias is present our lives and in the workplace. It can impact on how others perceive you, the promotions you obtain, and how much money you make. Here are some tips to help you gain confidence in how you present yourself. Read More
3 Case Studies on the Importance of Good Governance To put it bluntly, proper governance does not come naturally for most private and family businesses. It requires leadership to understand that good governance protects the business, and is worth the sometimes substantial time and effort required to achieve it. Families will never be perfect. Which […] Read More
The Cornell/Loyola Family Business Roundtable brought together thought leaders to discuss business and family governance. Here are the key takeaways. Read More
A business owner refused to sell the company amidst a changing market and growing debt. Here’s why waiting too long to sell hurt his business exit. Read More
What happens when a family business with debt and no exit strategy faces a crisis? Read about their alternative solution: a distressed debt investor. Read More
Advisory Board Roles and Responsibilities for Any Stage of Business The boards of directors of for-profit and non-profit organizations have the same fiduciary responsibilities: duty of care, duty of loyalty and duty of good faith. While similar to fiduciary boards, advisory boards are not the same. The purpose and function of a board of advisors […] Read More
Don’t Be a ‘Ghost Member’ of Your Gym It’s that time of year again. Everyone making New Year’s Resolutions to “get in shape once and for all!” It is no wonder January and the months following are a big months for the fitness industry business! However, then comes the hard part: sticking to the resolution […] Read More
Meet Bob, Michele, David, and Isabella Meet Bob (and Michele, David, and Isabella) Bob lives in Middle America, where he owns a nice house in a middle-class neighborhood and drives a practical car, which he bought, used, several years ago. Bob isn’t fancy, however. In fact, if you asked him, Bob would tell you that […] Read More
Who Is This Series For? This series of articles is written for the average “accredited investor.” An “accredited investor” is a legal term that refers to anyone (a) whose net worth, either alone or with a spouse, exceeds $1 million (not including the positive equity in her or his primary residence); or (b) who has […] Read More