Author: Michael Louie

Succession of your employees – management, my weekly perspective

Management. This is the backbone of any business and definitely the essence of a family business. Why? The management, whether the knowledge of the business, the “secret sauce”, resides in the sole entrepreneur or in a team of key players, is critical to a company’s long term success. Much of my past posts have focused […]

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Strategy, setting a direction for your family enterprise – my weekly perspective

Many businesses focus on the immediate issues and the need for daily operational decisions. Some businesses do not have nor make the time to spend on strategic planning for the business. This often can result in great short term operating results at the potential cost of long term longevity for the business. 3 best practices […]

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