First-person perspective on the mechanics of succession planning
My son, Eric, joined me in my business last April after being away from the business for five years, a development which has led to a change in the company’s succession plans. Eric is now on a 10-year management trainee program and I decided to interview him to see what it’s been like eight months […]
Technology Awards 2018
You only need look as far as the phone in your hand to recognize we live in a new era of technology. The old way of doing things, even as recently as five years ago, feels like a generation gone by. Today, everyone is impacted by technology
True rainmakers embrace their role to help get things done
Rainmakers are passionate people who will do what’s necessary to promote their business or organization, even if it means stepping outside their comfort zone. They have the special ability to get people to like and trust them. People want to be around them because they have a superstar status in their field. Are they born […]
An inside look at how to be a more strategic buyer
Whenever a business is being bought or sold, the question of worth and reasonable price become important points of discussion. There are many articles and books that have been written on business valuation that describe time-tested techniques to arrive at an accurate figure. If you have a reasonable set of financials and have the ability […]
Bitcoin could disrupt the financial industry in a way we’ve never seen
Bitcoin could be a revolutionary disruption of the global financial industry. Or it could be a fad that spawns great curiosity before fading into the ether of history. Right now, it’s a hot topic that is very much on the minds of American business owners. MarketWatch reports that in the past month, 24 companies have […]
How to navigate today’s commercial, industrial real estate markets
Commercial and industrial real estate activity has remained very strong with no real end in sight. It has been a landlord/seller market for a while, but now it’s time for tenants/buyers to do their homework and bid aggressively before an attractive opportunity is lost.
A closer look at what happens when something happens
I’ll never forget the day I got that call from Carol*. Her husband, Rob*, had been in a serious car accident. His prognosis was dim. She called from the hospital looking frantically for his health care documents, including his Medical Power of Attorney. I reassured her I would send a copy immediately. She thanked me […]
How a bank can be a manufacturer’s strategic and trusted partner
For area manufacturers to keep up with the fast-paced economy, create jobs and grow in a competitive market, they need to be current with the times and well-connected in their communities. Among the many methods available to manufacturers to generate sales opportunities is a deeper connection with their bank.
Why now is the time to start thinking differently
Cognitive flexibility is a key attribute of distinction for the adviser of the future. While these are heady words, it’s really a pretty simple concept. It’s adapting your thinking and possessing the willingness to change your mind. It is the ability to resist thinking in the same pattern, given a different set of circumstances or […]
Business priorities being pursued at the Statehouse
The Ohio General Assembly started 2018 with much work left undone from the previous year, particularly on business-related legislation. To remind members of the Ohio General Assembly of the top business issues that have stalled, we created a list of the top priorities for Ohio and distributed it to all 132 legislators. These issues left […]