By: Gene Bazemore This article was originally published in Control Design. The biggest trend affecting all businesses, but especially the industrial automation business, is the extremely tight labor market. Other important trends affecting this sector are supply chain problems, the push for more safety and reliability in manufacturing, and the increasing complexity of the automation…
Founders recently hosted its 19th Annual Crawfish Boil to celebrate the firm’s 19th anniversary. Growing leaders and building lasting relationships is the firm’s purpose and hosting folks at the Annual Crawfish Boil allows the firm to do just that – celebrate the accomplishments of the team, enhance camaraderie, and show appreciation to the firm, friends,…
Multi-Unit Community Buzz: Inflation, Rate Hikes, War… Are Valuations Cresting? “Russia’s invasion of Ukraine has set the stage for faster-rising consumer prices, with the mayhem of war driving up manufacturing costs for food, consumer goods and machinery in places far from the battlefield.” -Patrick Thomas, Reporter at The Wall Street Journal “Tech-savvy consumers demand digital…
By: Wesley Legg A lifestyle company is a business operated with the purpose of providing a level of income or particular lifestyle for its founder. There is nothing wrong with having a lifestyle company, but the founder/entrepreneur must understand that the “lifestyle company” mentality does not fully align with building enterprise value or creation of…
By: Joseph Vinar Every business owner is asking, “What’s my company worth?” and “How do I increase its value?” As the adage goes, it’s worth whatever someone is willing to pay, so it’s helpful to view a company through the eyes of a potential buyer. Buyers pay for risk adjusted future cash flows. The two…
by Wesley Legg Unlike listed public companies, private businesses don’t get a daily ticker tape telling them what they’re worth. But imagine you did. Would that daily feedback from buyers and sellers make you think differently about how you operate your business? While I know public company CEO’s don’t always agree with the market’s perception,…