Larry Grypp, President of the Goering Center
There is a reoccurring dynamic of priorities in family businesses: what comes first, the family or the business?
At the Goering Center we suggest that business decisions be made in the best interest of the business as it is the golden goose that must be nurtured so that it can provide treasure and opportunities for the family.
5 Tips to Grow On
Blake Roe, CPA, Partner, Plante Moran
If we’ve heard it once, we’ve heard it 1,000 times: if you’re not growing, you’re dying. Going all the way back to one of our founding partners, Frank Moran, we’ve believed that a Company shouldn’t grow just for the sake of growth. Growth is something that an organization should pursue primarily so that the organization can provide a better and a broader range of service to its clients, and allow it to do a better job of taking care of its staff and providing them greater opportunity. Frank was fond of saying, when done right, “the benefits of growth go on”.
From the Ordinary to the Extraordinary
Mackey McNeill, Mackey Advisors
In his classic book, The 7 Habits of Highly Effective People, Stephen Covey introduces habit three, "Put First Things First." He presents the Four Quadrants tool as a guide for effective and purposeful time management. His four quadrants are built upon the intersection of Urgent and Not Urgent and Important and Not Important.
Choosing a "Relactional" Model of Delivering Professional Services over the Prevailing 'One Off' Transactional Model
Todd Wilkowski, Frost Brown Todd
In the words of the late great Yogi Berra, “It’s like déjà vu all over again.” Decades ago, most companies in the private sector relied on an outside lawyer as a trusted business advisor to advise and guide them on myriad legal and non-legal matters involving their business strategy and risk management issues as well as personal family matters. These trusted business advisors had deep and well-established relationships with the company’s decision-makers at all levels and spent a great deal of time developing a deep and profound knowledge of the company’s business operations and its industry challenges and opportunities.
The Top Five Mistakes Frequently Made By Business Owners
John D. Dovich, President of John D. Dovich & Associates, LLC
The start of a new year is typically a period that calls for reflection. The hectic holiday period is over and the employees are back to work on a regular schedule. It’s a time when business owners can take a few moments to think about their personal financial goals and determine any outages they may have in their current business practices.