by Kathy Martin | May 19, 2020 | Business Improvement, Strategic Planning
Right now, a lot of business owners are nervous and unsure of what the future holds. Some will already know that they’re in trouble. Some will be sure they need to change. Some will want to change. The unprecedented circumstances we find ourselves in means there are...
by Kathy Martin | May 3, 2020 | Business Improvement, Strategic Planning, Wealth Protection
Our last two posts focused on “right now”. We’ve talked about how to look after yourself and your people. How to focus on what you can control (pretty much eliminating the stress about what you can’t control). Many of our readers watched the YouTube videos in...
by Kathy Martin | Jan 22, 2020 | Strategic Planning
Research shows that 90% of the strategies we develop fail due to poor implementation. A part of that 90% fail rate is due to no implementation at all. This assumes you even have a genuine business strategy. It’s easy to fall into the trap of thinking...
by Kathy Martin | Oct 23, 2019 | Business Improvement, Strategic Planning
Over the many years we’ve been working alongside family businesses one thing has become clear: Only 1/3 of them will survive the transition to the second generation. And of that 1/3, only 1/3 of those will survive to the third generation. That’s not very good...
by Kathy Martin | Sep 19, 2019 | Business Improvement, Strategic Planning, Wealth Protection
If you want to get the most for your business when it’s time to go, you’ll need a plan. Yet many business owners have no plan or strategy about their business exit. They think the “man with the golden cheque” will appear when the time comes....
by Kathy Martin | Aug 28, 2019 | Money & Finance, Strategic Planning, Wealth Protection
If your children knew that they were beneficiaries of a trust how do you think that would affect them? Would they work hard and forge their own way in business? Would they ferret money away for their future so they could buy a house? Or would it foster a trust-fund...
