Visitor, your APRIL 2024 Newsletter from Adam Thompson at FocalPoint Coaching of Minnesota is here

There are years of personal dedication and mountains of money on the line when you put your business up for sale. Only the fully prepared get top dollar for their companies. Sadly, some will never be able to sell their company.

To make sure you’re included in that elite group, carefully read, internalize, and act on the information we provide in this point-by-point guide to preparing and positioning your business for sale.

Family businesses can be a blessing for family members and at the same time appeal mightily to customers. (That’s why we see so many signs and ads that say something like, “Family owned since 1970!”)

However, if not properly managed, they can be a curse to nonfamily member employees.

Discover the pitfalls of a family-owned business and the solutions you need to put in place. And as a bonus, take our short quiz to impartially judge your performance and plan your next steps.

Board of directors. Trusted advisors. Peer groups. Masterminds groups. Roundtables. No matter what you call them, all businesses (and all people) do better with a group of people with whom they can share ideas, solve problems, brainstorm, and confide. Whenever a group of people can combine their shared experiences, expertise, and knowledge in an effort to move a cause forward, the results of those combined efforts will be better than the efforts of those individuals. There is nothing more rewarding than having your issues resolved, and resolving the issues of others, among a group of people you trust. During quarantine, I’ve seen a huge increase in the popularity of my SuccessLAB group coaching, as business owners and professionals recognize the huge value in accountability, metrics, connection, and commitment that these groups provide. 

It’s easy to casually toss around a term like “strategic leadership,” but what does it really mean and how do you achieve it?

In this concise guide, we give you the critical insights you need into how communication, the balance between immediate demands and long-term objectives, and the ideal company culture come together in successful strategic leadership.

Like the song says, “Don’t stop thinking about tomorrow!”