The Ultimate Competitive Advantage

By |2013-02-22T17:27:27-05:00February 22nd, 2013|Categories: White Papers|

By Bruce Clinton BusinessWise, LLC  Clearly, one of the least developed assets in most businesses is the human resources. In this multi-year challenging economic climate this has become more evident to many business owners who have experienced: flat or lower sales, morale issues and in some cases the loss of top producers.  Most businesses have trimmed overhead, maximized technology, outsourced non-essential services and instituted tighter controls on expenditures and instituted other efficiencies like lean manufacturing.  There is one area that has been omitted by most that will provide businesses with an ultimate competitive advantage…the ability to obtain and retain top producers […]

TRAPPED IN THE FAMILY BUSINESS

By |2013-02-02T17:56:20-05:00February 2nd, 2013|Categories: White Papers|

For some individuals, working in a family business can be an incredible gift.  For others, the family business is a prison, without any chance of parole.  For those who are feeling trapped in the family business, ownership of the business is more burden than pleasure.  The freedom that their family business allows is overshadowed by a lack of business process and clear structure.  Having their name on the door is not worth being “on call” 24/7, or never being able to really take a vacation. Read More…  

Governance Issues For Closely-Held Corporations

By |2012-12-28T12:32:35-05:00December 28th, 2012|Categories: White Papers|

To the typical challenges that all commercial enterprises face, there are a few additional ones that accrue to closely held corporations and family owned businesses. Most of these challenges derive directly from the market perception that the quality of corporate governance is compromised in the closely-held corporation. Notice our invocation of the term “market perception.” Sometimes “perceptions are reality” in the minds of investors, regulators and the pesky plaintiff’s bar. Access to capital – either debt or equity issues – can be restricted because of the widely held belief that the directors are less likely to think independently of management and […]

The Intersection of Family Philanthropy and Business Philanthropy

By |2012-11-24T14:10:15-05:00November 24th, 2012|Categories: White Papers|

The Intersection of Family Philanthropy and Business Philanthropy harp-weaver LLC by Teresa Araco Rodgers, CAP® Introduction Think about walking past the community soccer fields on a Saturday morning. The fields are packed with children running around in bright colored shirts. Take a closer look and you will probably notice the names of companies on those shirts – those companies are probably family- owned businesses supporting the community in which they live and work.   READ MORE…

Leveraging the Power of Peers in a Family Business – by Daniel G. Van Der Vliet

By |2012-10-11T12:05:51-04:00October 11th, 2012|Categories: White Papers|

Leveraging the Power of Peers in a Family Business. By Daniel G. Van Der Vliet Director, The Family Business Initiative at the University of Vermont I have had the pleasure of working with one of our Next Gen peer groups in the Vermont The Family Business Initiative (FBI@UVM) for the last two years. Our affinity groups (CEO or Next Gen) are deliberately kept small, typically only six per group with a facilitator. This helps the groups establish both trust and accountability. Group members are chosen to insure there is familiarity around the table; personality, business stage and often business type (though […]

How Your Family Business Can Benefit From Telling Your History

By |2012-07-24T18:02:02-04:00July 24th, 2012|Categories: White Papers|

Does this sound like you? “Family owned and operated since 1920.” “John Smith & Sons, since 1950.” “The Jones Company, now in its third generation of family ownership.” We see these taglines in ads, signs, and other marketing materials all the time. As a historian, I get excited, go to the business’s website, and want to read the history. Invariably, there’s nothing there! As a PR and marketing professional, I ask myself: Why the heck not?  Read More…

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