NEWS

Upcoming Event

  • This November Zoom panel discussion provides perspectives and advice from three experts who collectively have been there/done this 100+times. A few of the many key takeaways include: Be transparent with creditors, vendors and employees in that order. Do a liquidation analysis to understand what you would walk away from, and with, should an orderly liquidation occur. Develop a new business plan that’s honest about what’s working and what has to change. Combine this with a rolling 13-week cash flow analysis. Panelists are: Pat Brennan, a partner at Platinum Group and a seasoned business executive with a strong track record of success working in a diversity MORE

Sample Event

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January 1, 2019
7:30 AM – 1:00 PM

Name of Business
123 Street Address, Suite 000
Minneapolis, MN 12345

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Tickets are going fast and you can register by clicking here.

HOPE TO SEE YOU THERE!

  • By Bill English, Partner I was talking with a colleague this morning about common threads in businesses that need to be turned around. One we briefly discussed pertained to risk and agency cost—the ability of a key employee, owner or partner to engage in activities that are personally beneficial but hurt the organization. Such benefits MORE

  • Here is this month’s Business in the News (BITN), a compilation of business stories from around the state usually not reported on by Twin Cities media. These stories provide business leads, trends and insights we hope you will find useful. Startup Lures Buyers with Catchy Products Crystaleyes Fishing, a 2013 startup created by two high MORE

  • By Amanda Lee, Executive Consultant Regardless of our profession or industry, location, family, or any other circumstance, we have all been forced to pivot in some pretty spectacular ways recently. Pivots are always a little more exciting and easier to embrace when we choose them ourselves, but regardless of how they come about, there is MORE

  • By Tom Hubler, Executive Consultant There may be no more debilitating force than betrayal when it occurs in a family business. Poet William Blake (1757-1827) wrote, “It is easier to forgive an enemy than to forgive a friend.” That’s because every betrayal begins with trust. It is “a violence against confidence,” an inside job. In MORE

  • By Ron Leaf, Partner No business owner wants to have to call in a turnaround consultant. The decision to do so is usually forced, either by a secured lender seeking to get its loan repaid, or by a set of circumstances that have led to significant financial distress. So how to you ensure you avoid MORE

  • By Randy Kroll, Partner A business owner and I were talking recently and I asked him how much time he spends with his company’s monthly financial statements. The answer was not much; he looks at only two numbers, the cash balance and the net income. He’s not alone. There can be a tendency for business MORE

  • By Bill English, Partner Three times now, I’ve been asked to be the CEO of a company in which I have inherited the former CEO’s email inbox. In two of those situations, the CEOs were underperforming, and their email inboxes provided insight as to why. They demonstrated a lack of attention management, a concept I MORE

  • Here is this month’s Business in the News (BITN), a compilation of business stories from around the state usually not reported on by Twin Cities media. These stories provide business leads, trends and insights we hope you will find useful. Timber Industry Remains Hopeful Pellet Plants Will Take Root Efforts continue to help a new MORE

  • By Tom Hubler, Executive Consultant As a fan of classic films, I am always searching for films that apply to family businesses. I recently viewed the 1936 film, Dodsworth, that stars Walter Houston in the title role, as well as Ruth Chatterton and Mary Astor. Dodsworth, an entrepreneur, sells his automobile manufacturing company and retires MORE

  • By Bill English, Partner The advent of COVID has significantly increased the use of video conferencing technologies, such as Zoom or Teams. Before COVID, if I had four face-to-face meetings in a day at four different locations, that was a busy day for me. Today with Zoom, I can meet 7-8 people each day who MORE

Podcasts (to come)

In the News (from eBlast, news releases, press)

In the Community (from the eBlast)

Published by Platinum (from the eBlast)

The Soul of Family Business

Family business expert Tom Hubler compiles three decades of wisdom in his new book.

  • Essential guidebook for family business owners and advisors alike
  • Book to debut at Barnes & Noble Galleria launch event on October 22, 2018

In his new book, The Soul of Family Business: A practical guide to family business success and a loving family, Tom Hubler takes readers on a journey through the heart and soul of family business.

Using case studies from his more than 35 years as a leading family business consultant, Hubler explores what it takes to run a successful family business, illustrating how love is the foundation and family values are the secret sauce for success.

Hubler will speak about his approach and sign books during a launch event at 6:30 p.m. on Oct. 22, 2018, at Barnes & Noble, located on the lower east side of the Galleria Shopping Mall in Edina, Minnesota, 55435. The public is invited to attend.

The Soul of Family Business covers topics such as the development of a shared vision for the family and for the business, tackling "speck of dust" issues, creating individual and organizational strategies to ensure a personally and financially rewarding business and wealth preparation planning to ensure that family values continue to emphasize a family culture of gratitude, philanthropy and living purposeful lives.

“As I round the corner into the endgame of my life, I am happy to share what I've learned

 with others,” Hubler said. “It's my hope that it will help members of family businesses appreciate their uniqueness.”

Packed with family business best practices and practical tips for everything from managing conflict to succession planning, The Soul of Family Business is an essential guide for family business owners and advisors alike.

As a pioneer in the field of family business consulting, Hubler created many of the models for a successful family business. To this day, he continues to shape this important field, helping families strengthen connections and eliminate barriers to healthy, productive family and business relationships.

“The Soul of Family Business is all about creating and preserving a truly healthy family in business,” said Ernesto J. Poza, professor emeritus at Thunderbird School of Global Management. “Unlike most family business literature, this book's focus is not best practices but rather the heart and soul of the family in business. Conflict resolution, recovery from substance abuse and family betrayals, forgiveness and gratitude are elegantly and practically discussed in Tom Hubler's book.”

Click here for more information!