What comprises a Family Office?
In essence, it is the separation of a business from family wealth and the attention and diligence to the management of both.
There are many other aspects often attributed to family office, including the independent … Read more
Flying blind
“How’s your business going”?
Often the answer is friendly, “good”. But a more thorough questioning may reveal that the owner really doesn’t know what’s going on inside his or her business.
Does the business owner intimately know the … Read more
Proper structure plus good conduct delivers great performance
A wise colleague of ours always said, “80% of business problem can be attributed to inappropriate structure”.
Yet we often hear business owners proudly say, “We have a flat management structure”. They see it as a symbol of the friendly … Read more
Owner dependence
We have advised perhaps a thousand business owners over the last few decades and we see it time and time again. In spite of huge efforts, the business underperforms and fails to meet the owner’s expectations. In every way.
The symptoms of owner … Read more