Strategic Development
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Helping business leaders succeed by empowering
them to meet the challenges of building a successful enterprise
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Our results focused, research based approach defines clear benefits for an organization with an emphasis on measurable improvement.
Select the options below to learn more about our unique process to improve your organization's performance...
Exit Planning
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Exit your business on your own terms and with less risk |
We offer business exit and succession planning services to the owners
and senior level executives of closely held and family owned
businesses. Our approach brings together highly knowledgeable and
ethical professionals from a variety of disciplines, who are dedicated
to helping business owners and their advisors plan and execute a
successful business exit strategy with less risk for all parties
involved.
- Legal
- Financial
- Strategy and Management
We are partnered with Skarlatos and Zonarich, LLP to provide a coordinated solution for strategic, legal, financial and management needs.
Contact us to learn more about this unique approach to ensuring a successful exit and a lasting legacy for you.
Employee Selection
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Improve your ability to select and retain the best people
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As
part of a well structured hiring or promotion process, we can help to
dramatically improve overall predictability and success. A good fit for
a position is good for everyone and a bad fit is not good for anyone.
- A truly objective analysis of an applicant
- Behaviorally oriented questions to provide
guidance in an interview
- Insight as to how to best manage an
employee to get productive performance faster
- Development suggestions to help the
applicant improve performance
- Evidence of due diligence in the event of
litigation
Read More...
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Do you have a plan to exit your business on your terms? We can help
you prepare by examining all areas including: financial, management and
legal.
You may want to consider the following from a recent PricewaterhouseCoopers Family Business Survey for 2007/08:
"..While many entrepreneurs happily
devote their time and energies to
building a business, they pay less
attention to what will happen when
they are no longer running the show.
They find it difficult to address issues
like illness, incapacity, retirement and
death, and therefore postpone dealing
with such problems..."
- One-quarter of the family firms in the survey are due to change hands within the next five years.
- Half of those companies are expected to remain in the family. Yet
almost half of all responding companies have no succession plan, and
the percentage is even higher in small firms or those that have been in
business for fewer than twenty years.
- A surprisingly high percentage of family business owners
have also failed to gauge their potential tax exposure, and are unaware of the
domestic capital gains tax or inheritance tax liabilities they may have
accrued.
- Eighty-four
percent of the respondents aim to pass their companies on to their
descendants.
- Two-thirds of family businesses have
no defined criteria for choosing which family members who want to take
an active role in the company should be allowed to do.
- More than half also employ relatives without requiring them to compete for their jobs on the open market.
- More than two-thirds of companies in the survey had no procedures in place for dealing with disputes between family members.
We can help you deal with the unique challenges of exiting a family
business and do it in a way that addresses these issues effectively.
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