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Family Business Advisor is produced bi-monthly, featuring articles, resources and information pertinent to the success of family owned and closely-held companies. The articles are written by Wayne Rivers and the Family Business Consultant team.
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The Parable of The Loving Father "The Parable of the Loving Father - commonly called the Parable of the Prodigal son - is one of Jesus' most famous parables. The reason today's theologists have changed the traditional title is their perception that it's Dad, not his son, who is the real focus of the tale." Click here to read more . The Danger of Entrepreneurial Complacency "Kim Williams of Marpan Supply in Tallahassee, Florida, was feeling pretty well. His business was successful, profitable, and cruising along, he had a good team in place, and he was optimistic about the progress he and his company had made in the last few years." Click here to read more. The Seductiveness of "No" "Two partners in a closely held business have been working with a local certified public accountant for their twenty years together. However, the CPA is aging, he still does all tax and compliance reports manually, he continually misses deadlines, and his prices keep going up. Another CPA with impeccable credentials approaches them, assesses the situation, and proposes that he can do the work much faster and more accurately while cutting the price about 60%. The partners say no to the proposal." Click here to read more. Family Business Myth Busting (A Never Ending Story) "At a recent speech to a group of highway builders, we talked about what's necessary in the training and development of next generation leaders. We discussed capabilities, aptitudes, attitudes, and other leadership intangibles necessary for future success. One of the audience members, an earnest third generation forty-something family business manger, said . .. " Click here to read more. Click here to view past articles.
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