What happens when a professional service firm outgrows its current structure? Confusion. "Choke-points." Chaotic Service. High Costs. In order to continue to grow the organizational model and internal processes had to change. Service: Change Management and Growth Client: Large Independent Financial Advisory Firm Situation: The firm had experienced rapid growth and had an annual revenue of … Continue reading Case Study: Financial Advisory Firm
Market Insight: MIDWEEK TUMBLE PARTIALLY REVERSED BY FRIDAY RALLY Stocks closed lower after a highly volatile week that saw a Friday rally partially compensate for a steep sell-off on Wednesday. The large-cap S&P 500 Index and the S&P MidCap 400 Index fared better than the other major benchmarks. After reaching its lowest level in over … Continue reading Weekly Insight: May 15 – 19, 2017
"One day I'll sell my business." And other myths. After investing thousands of dollars and multiple years in their companies, many owners have a dream of one day selling their business. Yet most will never be sold. HOW MANY BUSINESSES ACTUALLY SELL? An article published in The New York Times (September 4, 2014) reviewed the … Continue reading How Business Owners Retire
Business owners frequently wonder whether it makes economic sense to add their non-working spouse to the payroll. Before doing so, consider all options.
How to get the most out of your 401(k) With the start of a new year, many are asking questions about their 401(k). This is especially important for those intending to retire in the next five years. And while these plans provide a wonderful benefit, they are still regulated by the government and are packed … Continue reading Here’s What You Should Know About Your 401(k)
Holding too many assets in your portfolio can actually increase your risks while reducing your returns. Like most things in life, finding the right balance produces the best results.
Understanding Debt, Equity and Value helps owners make better decisions regarding their business investment.