Playing Offense While Positioning to Switch to Defense
At Third Road Management we have the honor of working with businesses and non-profits across a spectrum of industries, ownership structures, tenure and financial status. Through our experience we have gathered some wisdom that can hopefully be helpful to business…
Thinking About Selling Your Business in a Few Years? Here are 5 Steps You Should Act Upon Today.
For the majority of business owners the focus is upon maximizing the valuation of the business to capture their long-term investment of time and money in the business they built to provide retirement security. But how does a business owner maximize the value of the business?
Our EIDL & PPP Loan Applications are Submitted…Now What?
Every business is in a unique position, so there is no way to develop a “one size fits all” description of what every business should do in these turbulent social and economic times; however, here’s a list of ideas that we think you can consider to help lead your organization through this crisis.
Measuring KPI’s: the Fewest Number of Battles Required to Win the War
There are many great resources (books, videos, blogs, etc.) out there that might be of additional assistance to you on this topic, but for our purposes we are going to try to keep this short to the main points.
How to Create Value and Mitigate Risk Through a Business Succession Plan
Essentially a business succession plan is a pre-mapped plan for how your business should continue operating in the event of your retirement, incapacitation or death. Here are three reasons why creating a business succession plan is important:
The Business Start-Up Primer You’ve Been Asking For
Hello Friends! We frequently receive inquiries from aspiring entrepreneurs about the process that is involved with starting a small business, which can be daunting if you’ve never done it before or do not know the steps involved. We’ve therefore decided…
The Top 5 Things That Businesses Can Learn From Non-Profits
Today at lunch I realized that April 15, 2016 marks the 3-year anniversary of my resignation from a Wall Street institutional fixed income sales desk to join the staff of an 18-month old church. Throughout the course of those 3…
The spirit and excitement of entrepreneurship has always run thick in the mind of President & CEO, John Frank. In the first 13 years of his career on Wall Street, while he was busy providing advisory services for, or investing…