A retirement date may be predictable, but replacing the judgment, relationships, and institutional knowledge of a longtime credit union leader is much harder. When several leaders approach retirement, the risk…
Is Your Manufacturing Business Operating at Peak Value? Use Benchmarking as a Strategic Advantage
Your financial statements may show that your manufacturing or distribution business is profitable. They may not show whether your margins, labor productivity, inventory, or capacity are performing as well as…
Quality of Earnings Becomes a Key Step in SBA-Financed Acquisitions
When a business is bought or sold, financial performance is central to nearly every conversation. Buyers want confidence in the company they are acquiring. Lenders need to understand whether the…
Stablecoins – What Are They and Should Credit Unions Care?
Credit unions are increasingly confronting a question that once seemed remote: Will blockchain-based digital dollars become a practical extension of member services or a new source of compliance, liquidity, operational,…
Build the Leadership Pipeline Your Construction or Real Estate Development Firm Needs
If you lead a construction company or a real estate development firm, growth can hide a leadership problem … but only for a little while. Backlog may look strong, and…