Dirty Secrets of Small Business
Family can be a blessing and a curse. That’s true whether you are talking about real life or your business. At times we can become too “familiar” with each other. Usually when that happens with family in the business we will overlook things that we wouldn’t otherwise overlook in our employees or business partners who aren’t family. Too often, it comes to the point where someone needs to leave. So what do you do?
We are joined in studio by Alex Gertsburg, owner of The Gertsburg Law Firm), a law firm that is quite unlike other law firms you’ve encountered. In fact, The Gertsburg Law Firm is the result of lessons Alex learned earlier in his career working for a combination of big law firms and then going in house where he had to hire outside counsel. In short, Alex couldn’t find the right firm to work for or hire so he created it
In this episode we were joined in studio by Bill Streb, owner of Streb Electric a second generation electrical services company. During the show Bill shared several stories about how he got into the family business and eventually purchased it, including breaking the news to his wife!
For the last two shows we spent some time talking about this topic of transitioning a business from the owner’s perspective. Tonight, we flipped the script to talk about it from the next generation’s standpoint. While some of the questions are similar the perspective and decisions will be different
Tonight is the second part of a show we started last week to talk about how to transition the business from one generation to the next. These two shows are geared to the current owner and questions and concerns they have. Net week we will get into questions from the next generation’s standpoint, but this week and last week’s shows should be helpful for you as well.
This episode was designed to be the first of a 2-part series focused on helping both current owners and potential next generation owners figure out how to transition the business. Well, we only got about half way through the questions for the current owner this week so we will cover the second half in next week’s show. After that we will get into questions from the next generation’s standpoint.
In This Episode Several of our clients have recently been approached by folks who are expressing an interest in perhaps […]
In This Episode If you’ve been in business for a while, chances are you’ve gotten some unsolicited phone calls, emails, […]
In This Episode Most business owners don’t start a company with a plan to exit the business and transition it […]
In This Episode Many business owners struggle with something that most people think should be a no brainer…taking a vacation. […]