By Yuval Atsmon Companies that actively and regularly reevaluate where resources are allocated create more value and deliver higher returns to shareholders. “Dynamic resource reallocation” is a mouthful, but its meaning is simple: shifting money, talent, and management attention to where they will deliver the most value to your company. It’s one of those things, like daily exercise, that helps us thrive but that gets pushed off our priority list by business that seems more urgent. Most
Jerry B. Harvey The July afternoon in Coleman, Texas (population 5,607) was particularly hot— 104 degrees as measured by the Walgreen’s Rexall Ex-Lax temperature gauge. In addition, the wind was blowing fine-gained West Texas topsoil through the house. But the afternoon was still tolerable—even potentially enjoyable. There was a fan going on the back porch; there was cold lemonade; and finally, there was entertainment. Dominoes. Perfect for the conditions. The game required little more physical
by IPFrontline in Patents From American Society of Appraisers – Excerpted WASHINGTON, D.C. – It is clear that many executives still don’t know as much as they could about the field of business valuation. “In this climate of corporate accounting scandals and quickly evolving corporate accounting legislation, it is very important for companies to be knowledgeable about regulations which mandate valuations,” said Donna J. Walker, ASA, International President of the American Society of Appraisers and a principal with
Courtney Crowder, email@example.com:15 p.m. CDT July 17, 2016 As a child, Deborah Anderson desperately wanted siblings. She passed hours praying for brothers and sisters and thinking about what they would look like. Would they have her light features and blond hair? Would they be tall or short? Would any of them have her penchant for mysteries? “I just hated being an only child,” Anderson said. “When I was old enough to understand that some Vietnam
By AMY HAIMERL Natalie Sexton jokes that her earliest memory is being rocked to sleep on the machinery bottling her mother’s line of all-natural juices. She was just an infant when Marygrace Sexton started Natalie’s Orchid Island Juice Company in 1990, naming it after her.
Dave Kerpen Founder & CEO, Likeable Local, NY Times Best-Selling Author & Speaker In case you’ve been living under a rock for the past week (or maybe just enjoying a nice summer vacation), Pokemon Go has taken the country (and the world) by a storm in just a few short days. The augmented reality mobile app and game has launched and grown at phenomenal rates, it’s already on more than twice as many phones as
Steve Parrish As business cycles go, this is a great time to sell a family-owned business to the family. In particular, parents can lend money to their children for the purchase of the business at an incredibly low interest rate without incurring gift tax implications. The purchasing child becomes a successor owner, and a smooth transition occurs while the parent is still alive.
Deborah Rowland APRIL 08, 2016 As a leader, how can you confront the truth about a situation without fearing rejection, or disagree with someone clearly and cleanly without obsessing about causing offense?
Keeping It Professional When You Work in a Family Business Carolyn O’Hara Working in the family business can be fraught. When your manager is also your parent, sibling, or another relative, how do you keep things professional? Do you ask to be treated the same way as others, or accept that you will have a different sort of relationship at the office? Do you publicly call your mother “mom,” or your father “dad”? And what
It’s never easy to look at an important subject like family business succession planning and offer just three big takeaways to help families protect their hard-earned wealth. But after delivering more than 800 speeches in more than 20 countries on the subject, here are my three favorite Golden Rules.