by Jim Schleckser | Jun 25, 2024 | Business, Decision Making, Management
Assessing the current macroeconomic landscape can be challenging, and the news often seems mixed. However, I can share that many of the companies I work with have started cutting and reducing costs in anticipation of tougher times ahead. It’s easy to run a...
by Jim Schleckser | Jun 18, 2024 | Advisory Groups, Board of Directors, Business, Delegation, Leadership, Management
Many businesses are founded by inspirational leaders with a long-term vision for their company’s future. Sometimes, this vision includes the desire for the business to be passed down through multiple generations of the founder’s family. I’ve worked...
by Jim Schleckser | Jun 11, 2024 | Business, Decision Making, Delegation, Leadership, Management, Private Equity
As an entrepreneur, having a long-term vision of selling your business is a viable goal. However, it’s crucial to understand the factors that could impact both your ability to sell and the price you can command. By considering the buyer’s perspective, you...
by Jim Schleckser | Mar 5, 2024 | Business, Culture, Decision Making, Entrepreneur, Leadership, Management
In the business world, the phrase “reaching consensus” is commonly used, especially when a team is working towards aligning on a set of objectives. The aim is to promote procedural justice and achieve unanimity of views. But there’s a dark and ugly...
by Jim Schleckser | Feb 20, 2024 | Budget, Business, Entrepreneur, Growth, Management
Every business leader should possess a fundamental grasp of accounting. It’s not about becoming an accountant; rather, it’s about acquiring enough knowledge to avoid being deceived or deceiving oneself. There is one specific area where accounting...
by Jim Schleckser | Jan 23, 2024 | Business, Entrepreneur, Growth, Private Equity, Raising Capital
When securing funding to fuel your business expansion, the conventional practice involves issuing common stock. This is the customary avenue through which you would offer shares to individuals such as your parents, uncle, or friends and neighbors who are interested in...
