Categories for family business

Hiring and Promoting the Best People that Fit into Your Organization

by | June 21, 2011

Our guest blog post is from Bert Holeton, President of The Mastermind Group (www.the-mastermind-group.com).  ————————– When it comes to choosing the right individual to join your organization, or the right individual to promote into a key position, or the right combination of individuals to form a team – it’s all about performance and fit. To... View Article

The People Side of Business Law

by | June 1, 2011

Business owners know the value of hiring and developing a strong workforce – a workforce that can accomplish the business’ goals efficiently and effectively.  Yet much of the hiring that’s done is informal.  The process of selecting the employee typically includes interviews focused on whether we “like” the person and the person’s hands-on experience, more... View Article

What is Business Owner Exit Planning?

by | August 19, 2010

Allan Vander Hamm is a principal and the Director of Business Valuation and Transition Services at Berntson Porter and Company in Bellevue, Washington.   Allan’s practice focuses on designing and implementing comprehensive owner succession and transition projects; completing successful Merger & Acquisition transactions; and providing business valuations for transition, transactions, buy-sell agreements, divorce and estate and gift... View Article

Ownership Transition in Family Business: Overlooked Critical Considerations

by | August 10, 2010

Our guest blog this week comes from Bob Gruber, President of  The Rainier Group, a professional firm with  concentrated experience in the issues that affect successful private business owners and other successful individuals including business transition services, wealth advisory services and institutional consulting.  Bob will be participating in our Succession Planning panel discussion on August 25.... View Article

Why you need succession planning now!

by | August 3, 2010

As Chris Corrigan so aptly stated, “You can never over-prepare in business!”   Yet, we know, from strategic plans to budget plans and marketing plans to staffing plans, business owners find it difficult to fit it all in.  Now I raise the issue of succession plans… another one of those plans that doesn’t seem critical today;... View Article

MORE BANG FOR YOUR COMPENSATION BUCK – COMMUNICATION IS CRITICAL

by | July 20, 2010

Catherine Dovey is the founder of Compensation Works LLC and offers this guest blog with insights as to how and when to communicate with employees about compensation. ————————————- Several surveys show that up to 70% of employees are planning to look for new opportunities after the economy recovers.  Most of us assume that we need... View Article

Groundrules and Communication are Key to Success in Family Business

by | May 18, 2010

Our guest blog post comes from Steve Brilling, Executive Director of the Entrepreneurship Center and Family Business Roundtable at Seattle University’s Albers School of Business and Economics.  ———————- It all comes down to communication—clear, concise, honest communication, with a dash of compassion thrown in. Whether it is in a legal document or simply a written... View Article

Experience: Improving Family Business Communications

by | May 13, 2010

Experience is the best learning tool.  Our guest blog post comes from Bill Altland, a family business owner of Whale Tail Pharmacy in Craig, Alaska. ———————— The word that comes to my mind relating to communication issues in family businesses is the word “insidious”. It can be difficult to separate the business issues from family issues... View Article

Does Your Family Business Suffer from the “Elephant in the Room Syndrome?

by | May 11, 2010

Our guest blogger this month is Lauren Owen, family business consultant and founder of Lauren Owen LLC.  She will be co-presenting our seminar “Managing Family Business Relationships” on May 19.  Learn more. ——————————— The dynamics of a family business can sometimes cause what we call the “elephant in the room syndrome: unspoken topics that no... View Article