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You are here: Home / Archives for Carl Doerksen

The Key To Protecting Your Family Business’ Legacy

September 11, 2012 By Carl Doerksen

succession planningPicture this scenario: A business owner has spent the last 20 years assuming that his children will take over the family business. But recently, it’s come to the business owner’s attention that none of his children have the desire or ability to do so. Now, he’s close to retirement without any options for his replacement.

This dilemma, which happens all too often, highlights how vital it is for family-owned businesses to have open and honest conversations about what will happen with the company when the founder eventually retires. [Read more…]

Filed Under: Operations Tagged With: baby boomer business owners, succession planning

Generational Equity Wins 3 M&A Advisor Awards Including M&A Consulting/Advisor Service Firm of the Year

December 23, 2011 By Carl Doerksen

generational equity logoGenerational Equity, a leading mergers and acquisitions advisor for privately-held and family-owned businesses, is pleased to announce that The M&A Advisor has recognized Generational Equity with three awards: M&A Consulting/Advisory Service Firm of the Year, Deal of the Decade, and Consumer & Retail Products (Under $50 Million) Transaction of the Year.

The awards were announced at The M&A Advisor’s annual celebration in New York on Monday, Dec. 12, and Tuesday, Dec. 13.

“The award winners represent the best of the M&A industry in 2011 and earned these honors by standing out in a group of very impressive finalists,” said Roger Aguinaldo, CEO and founder of The M&A Advisor. [Read more…]

Filed Under: In the News, M&A Tagged With: Generational Equity, m&a advisor, mergers and acquisitions

Collaboration – Key to Workplace Success

October 17, 2011 By Carl Doerksen

Many of you operate highly successful, growing companies—places where the work environment is energized and your teams work hard, have fun, and enjoy their jobs. Unfortunately, this type of workplace is too often in the minority.

In survey after survey, many Americans report that they simply do not like their jobs. In fact, according to the Conference Board’s latest survey, only 45% reported that they were satisfied with their jobs, a big decline from the 61% who were satisfied 20 years earlier. This is sad because if you are going to spend the majority of your life doing something, you should enjoy it.

So I got to thinking about the places where I enjoyed my job the most. As I considered them, I realized that the jobs I have enjoyed were ones where the environment was positive and the workplace was collaborative. In general, these were places where employees actually enjoyed working together to achieve common goals.

How do successful leaders create environments where collaboration is the norm and encouraged? Is that even possible in today’s workplace given the pace of work, quantity of the work, and productivity demands placed on today’s workers?

I would say yes it is possible and, in fact, probably what our businesses need now more than ever before. Chances are good if you can create a collaborative work environment for your company, you will see a dramatic increase in productivity and, in turn, job satisfaction (which we all know leads to employees staying with you longer).

[Read more…]

Filed Under: Human Resources, Operations Tagged With: collaboration, employees, People

Hiring Explosion on Horizon for Small Businesses?

September 27, 2011 By Carl Doerksen

As we are all too painfully aware, most of the economic news we have been hearing recently has been unrelentingly negative. This is especially true of the unemployment data that seems to get reported on unceasingly. Despite all this doom and gloom, data was released in the past few weeks that is fairly positive.

A recent study found that more than 40% of small businesses plan to hire in the next six months. [Read more…]

Filed Under: In the News, M&A Tagged With: economy, hiring, unemployment

How To Survive (And Even Thrive) During Economic Malaise

September 20, 2011 By Carl Doerksen

It seems like on a daily basis now we are hit with a barrage of bad economic news. Although most experts do not expect a true double-dip recession to hit, many sectors of the economy have certainly slowed. Given this reality, we thought it might be a good idea to share some sage advice we came across recently on how to survive an economic slowdown. Both Thor Harris, president of the PR firm Percepture, and Carol Tice of Entrepreneur.com have come up with a few great ideas on this topic. [Read more…]

Filed Under: Finance, Operations, Sales & Marketing Tagged With: buyer ready, how to survive, recessions

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The Private Business Owner – A Generational Equity Blog

The Private Business Owner is an online publication sponsored by Generational Equity. PBO aims to provide useful tips and information that will improve both the lives and businesses of entrepreneurs, as well as provide valuable insight into the company exit process through bi-weekly M&A Digests.
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