Using equity as a carrot to keep your best people.
Are you really ready for a ‘partnership’? What steps can you take to optimise success? What price? What terms? How will they pay? So many questions!
Perhaps with the general exception of family businesses, sharing equity in a business has … Read more
Hitch-hiking in a wheelchair
Sounds ridiculous doesn’t it? Well, way back when I was a 15-year-old teenager, that’s exactly what I did. I had been a paraplegic for only three years and, much to my mother’s exasperation, I loved a good challenge.
It all started out when … Read more
Watch those input rising prices
If you didn’t live through the hyperinflation of the 1970’s, you might be caught napping!
For the fifth time this year, I met with a business owner about to face an avalanche of trouble. Business is booming for these people. Their order books … Read more
The Value of Opportunity
How can it be fair for one child to take ownership in the family business? What about the other kids?
Perhaps a hundred years ago, businesses (often farms) were often handed down to the oldest son. It was a way of keeping the business in the … Read more
