Recent Articles from Bob Rhyme
Creating passionate employees
Most business owners would love to have employees who are as passionate about the company as they are. It makes sense: The future of a closely-held or family business depends on how securely its key employees are tied to it. But creating an environment where employees feel like owners doesn’t happen overnight. To ensure the […]
Cashing out without selling out
Of all the things an entrepreneur thinks about, exiting the business isn’t usually top of the list. Yet without a formal succession or transition plan, a closely held business risks not only its longevity, but also its bottom line. That’s because a lot can happen along the way that can trigger a need to hand […]
Protect your business: think human capital
Think risk management and you probably envision financial and legal issues. These are important, but one of the greatest risks your business faces lies in the loss of human capital. If key employees depart, either for perceived “greener pastures” or due to unforeseen circumstances, your business can, and will, suffer. Without its best talent, a […]
Six secrets to small-biz financial security
For a small business owner, it can be hard to draw the line between what’s professional and what’s personal. After all, you’ve used countless hours and resources of your own to build your business. But when the lines between your business and personal finances blur, there can be problems and confusion. To avoid potential headaches, […]