Tag: succession planning

Standing Strong: Lessons From the Rock of Gibraltar

DMUSA News

Reading Time: 3 minutesINTERVIEW ON THE PRICE OF BUSINESS SHOW, MEDIA PARTNER OF THIS SITE. Recently Kevin Price, Host of the nationally syndicated Price of Business Show, interviewed Paddy Barr.   The Paddy Barr Commentaries On a recent Price of Business show, host Kevin Price interviewed Paddy Barr, from Dublin Ireland, Managing Partner of Barr Performance Coaching. Host Kevin Price interviews Paddy Barr, owner and Managing Partner of Barr Performance Coaching, on the Price of Business Show. In this segment, Paddy discusses the challenge of turning senior executives into cohesive, high-performing leadership teams.   Key Takeaways   Individual Motivations…

Read More

How the Size of a Business Affects an Owner’s Exit Options

DMUSA News

Reading Time: 5 minutesHow the Size of a Business Affects an Owner’s Exit Options – Business exit strategies are not a one-size-fits-all opportunity. In reality, the size of a business — measured by revenue, profits, employees, and market position, for example — plays a major role in determining what exit paths are truly viable to an exiting business owner. From micro-businesses to middle-market companies, each business category offers different opportunities, challenges, buyer pools, and valuation dynamics. This article highlights how the size of a business impacts its’ exit options. Understanding these distinctions helps…

Read More

A Strategic Approach to Succession Planning – How To Create a Family Business Succession Plan

DMUSA News

Reading Time: 5 minutesFamily businesses are a cornerstone of the US economy – contributing significantly to generational wealth, job creation, and local markets. One challenge all family businesses face is succession to the next generation. Without a thoughtful and well-executed succession plan, even the most successful family enterprises can struggle to transfer the business to the next generation. Creating a sound succession plan not only ensures that the family business continues to thrive, but that it also preserves profitability, family harmony, and legacy.  According to an Ernst & Young Global Family Business Study,…

Read More