Category Archives: Building Value

An Employee Retention Culture

Do you have an employee retention culture? Finding and keeping employees is exceptionally tough at present. Some are working remotely and being poached by employers in another state, others are listening to the pundits saying that employment is a seller’s … Continue reading

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Do you Suffer from Decision Addiction?

Do you suffer from decision addiction? The typical business owner lives on dopamine.  According to WebMD: Dopamine is a type of neurotransmitter. Your body makes it, and your nervous system uses it to send messages between nerve cells. That’s why … Continue reading

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EBITDAC III: Where are we now?

EBITDAC is a facetious term for Earnings Before Interest Taxes Depreciation Amortization and COVID. I first discussed it in this column back in April of 2020, with an update on the impact of PPP loans in May of that year. … Continue reading

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Manager or Leader? Planning Succession

Should you hire a manager or leader as part of your succession planning?  Before you make that decision, you need a pretty good idea of what your exit plan is. Once your objective is set, it’s one of the answers … Continue reading

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Non-Qualified Plans in Exit Planning

When I talk to business owners about “non-qualified plans,” their first reaction is often “Hold on there. I don’t want to get in trouble!” The term “Non-qualified” merely refers to the Employee Retirement Income Security Act of 1974, more commonly … Continue reading

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