By Steve Coleman, Partner, Platinum Group All of us are living different priorities today. Wise observers say we are experiencing in this pandemic what would have normally taken ten years to change. My personal awareness of what it means to live out a core value – do the right thing – has been sling-shotted into a top priority for 2021, no longer an idea of […]
Read the articles from our 2021 newsletters.
By Bill English, Partner After talking with a CEO friend of mine this week, she thanked me for asking the questions I raised. They made her stop and think, and then explain what she accomplished last year and what’s in front of her to achieve in 2021. I didn’t ask profound questions. She was thankful for the opportunity to stop working, think, and then articulate […]
By Tom Hubler, Executive Consultant This article is Part 4 of a continuing series about the delicate issues among family businesses. Part 1 discussed financial vs. emotional equity and this article deals with trust and gratitude, which are necessary for emotional equity. Part 2 described family business challenges relating to trust and gratitude. Part 3 addressed the essential need for family meetings to balance the boundary between business […]
By Randy Kroll, Partner It’s that most wonderful time of the year, a time to exercise abundant generosity in gift giving within our families, to our friends and neighbors, and especially, to community organizations that help those facing life crises or challenges. But hold off on contributing to your favorite charities until you consider this approach for making what could be the biggest and boldest […]
Read the articles from our 2020 newsletters.
How Platinum helped owner and lender to identify a buyer, cover debt and save jobs
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 […]
By Tom Hubler, Executive Consultant This article is Part 3 of a continuing series about the delicate issues among family businesses. Part 1 discussed financial vs. emotional equity and this article deals with trust and gratitude, which are necessary for emotional equity. Part 2 described family business challenges relating to trust and gratitude. Family meetings are essential Family meetings are intended to balance the boundary […]
How Platinum Group created a path to success by raising capital and navigating debt