Strategies for Getting Back to Business: Five Ways to Approach Collections During Difficult Times

By Faith Barnard
Executive Consultant, Platinum Group

Collection efforts are even more difficult than before COVID-19 struck. But with an adjusted approach and a little outside-the-box thinking, your success can earn customer loyalty and make a measurable impact on your own business. Here are five ideas to consider to increase your company’s cash flow... MORE


Conflict Resolution Was Key to Saving One Marriage, Three Businesses and 100 Jobs

A husband and wife who owned three businesses, which complemented each other, were referred to Platinum Group by a close friend to evaluate the health of their operations. After successfully completing an Opportunity Assessment – where Platinum reviews the business finances, operations, governance and culture – recommendations for improvements were outlined. As part of this process, it became clear early on that the two owners’ marriage was highly distressed. The strain was so stark that they openly admitted they were considering divorce, dividing up the assets and shutting down their businesses. Read how Platinum helped business owners settle “clash points”... MORE


Keys to Generational Transition Discussed at Owner Transition Forum

July’s Owner Transition Forum, sponsored by Platinum Group, was a shining testament of how transition goals were aligned with family and personal values, according to Platinum Partner Steve Coleman. The monthly forum, via Zoom, featured father-son presenters, Mike and Matt Norman, updating the progress of their 2011 succession – the Dale Carnegie Training franchise in the Upper Midwest... MORE


Video Interviews

“One Take” CEO Interview – During this interview, Reviva Corporation’s Chairman shares how his company continues to operate at full-speed despite Covid-19, and the importance of addressing what the world will be like post-Covid. Reviva remanufactures gas and diesel engines for commercial-grade trucks smaller than 18-wheelers, such as those used by UPS. Watch or Listen to Dave Goodwin.

Platinum Group Interview – Complementing the CEO series are interviews with key members of Platinum Group. This week’s is with Founder and Chairman Dean Bachelor, who talks about Meaningful Capitalism. "Everyone in business is part of the capitalism system," he says. "And collectively, they’re part of something greater than anywhere else in the world." Watch or Listen now!

schedule a free consultation