transition wave

The Baby Boomer Transition Wave And What Your Investment Banker Can’t Do

According to some estimates with more than 9 million companies owned by baby boomer owners up to $5 trillion in assets, could change hands in the U.S. in the next decade. More than 80% of all middle-market businesses will have to make key strategic choices around the retirement of these baby boomer CEOs. These companies …

bored board meetings 1

You can avoid being bored at board meetings. How can you make that happen?

Most entrepreneurs view board meetings as somewhere between a total waste of time and mildly annoying.  Outside board members are often frustrated when they are unable to get the appropriate information and analysis from these meetings. This shouldn’t be the case. Board meetings should be valuable for both management and outside board members. How can you make …

choosing your BOD

How to Choose a Board? a Sequel to “Why Every CEO/Business Owner Needs a Board”

This is taken from a paper by RJ Kelly of The Wealth Legacy Group 4 Characteristics of a Good Board Competency.  While this seems obvious, private company Boards tend to allow directors who lack adequate skill sets.  For example, everyone should understand how to read and interpret financial statements and related information.  Not everyone need be …