Monthly Archives: February 2015

Insights from PwC’s US Family Business Survey

Family owned businesses have unique characteristics, particularly in the areas of culture, ownership and succession.  The slides presenting PwC’s recent US Family Business Survey contained in the 2/4/2015 FEI Private Company Roundtable webcast do indeed provide some interesting insights about family owned businesses.

InsightsFromPwCsUSFamilyBusinessSurvey-1

 

52% of owners do not plan on passing the business on to the next generation to run

 

 

These interesting insights include:

  • 73% of surveyed businesses do not have a documented succession plan in place for senior roles
  • Family businesses are experiencing ‘Sticky Baton Syndrome’, where the older generation is reluctant to hand over full control to the younger generation. 


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Leveraging Economies of Scale to Grow Your Emerging Business

Graph With Stacks Of Coins

Planning for and Managing Second Decade Business Growth

As the owners or senior managers of an emerging business, you worked hard to:

  1. Attract dedicated and loyal people who did whatever was necessary to help the company grow
  2. Solidify your products and services to create a loyal customer base
  3. Create the organizational structure systems to support the growth

Now comes the hard part, and it’s a bit like raising teenagers.…

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Idaho Business and Technology Expo

Biz Expo LogoThe 24th annual Idaho Business and Technology Expo will be held on Tuesday, February 10, 2015 from 9:00 am to 4:00 pm at the Boise Hotel and Conference Center in Boise, Idaho. The Expo will kick off at 9:00 am with a presentation by Boise Mayor Dave Bieter followed by a presentation by Ned Pontious, President of Norco, a very successful business in the Pacific Northwest.…

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Posted in Business Best Practices, Exit Strategies
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