For a faltering company, a distressed sale is often the best way out. But selling a distressed business is not easy and very different from selling one that is healthy and solvent. Today’s newsletter explains why, and offers a number of specific recommendations and guidelines for those in search of a buyer. Read more…
As an officer and/or director of a company, along with the responsibilities and rewards come certain legal risks. Think you are protected by corporate indemnification agreements and insurance? Think again. Those defenses, if not well planned and maintained, can have lots of holes and weak spots. In today’s newsletter I examine how to build a good defense before the wolves come. Read more…
Government policy uncertainty is a costly drag on the economy. Policy uncertainty within your own company can be a drag too. In the economy, much is a consequence of democracy. In your own company, it is usually caused by leadership and so is avoidable. Today’s newsletter examines this important concept and offers suggestions on how to avoid creating policy uncertainty in the first place and how to manage it when you can’t. Read more…
Budgeting and planning are important, but not for their own sake. That said, doing this well — and regularly — can be quite valuable for any organization. In today’s newsletter, I offer six suggestions for improving your process for the coming year. Read more…
In business, there will always be factors — both internal and external — that may appear on the horizon and that can throw everything for a loop. So, make it a habit to pause from the day-to-day and take an objective look ahead at upcoming trends. In today’s newsletter we examine this concept and offer five pointers for making this happen in your organization. Read more…
No owner or investor goes into business in the hope of finding themselves in financial distress down the road. Unfortunately, it happens every day. Should that occur, there are many things you can do to minimize loss and maximize results. Today’s newsletter offers some guidelines and suggestions. Read more…