Category: Business Best Practices

For Baby Boomer Business Owners – A Thought Experiment

According to recent statistics, the US has 12 million businesses owned by Baby Boomers.  The oldest members of this cohort are now 71 years old and the youngest are 53.  According to recent surveys, 2/3 of business owners in this cohort expect the sale of their businesses to make a major contribution to their retirements.… Read more »

Spruce Things Up

Three Things You Can Do Right Now to Increase Your Business’s Value The sizzle has sold more steaks than the cow ever has, although the cow is, of course, mighty important.                                                 … Read more »

The Anatomy of a Successful Exit

Stephanie Breedlove started Breedlove & Associates in 1992 as a way to pay her nanny. The big payroll processors weren’t interested in dealing with one person’s wages and doing it themselves was complicated and time-consuming, too much for the then overwhelmed Breedloves. Breedlove saw a business opportunity and started a payroll company for parents who… Read more »

Thinking Vs. Doing: The Owner’s Dilemma

There’s a steady breeze from the northwest, which cools the warm Caribbean afternoon. Framed between a palm tree and the turquoise water, you notice a man reading. He appears to be working, which seems strange given his appearance: shaggy blonde hair, linen shirt, surf shorts and flip-flops. You squint and realize the man is Richard… Read more »

George Washington’s Leadership Secrets – A Reflection on Leadership for President’s Day

For my first two years of college, before I changed my major to accounting (another story for another article) I majored in American history. The early 1970’s were an exciting time to be a history major at the University of Virginia. The faculty included several giants of historiography and I learned much that I carried… Read more »